So much regarding BTC lately from both sides....
The Halvening....Hashrates....Miner costs...Deflationary rates...Safe Havens...and on and on......
No one knows....MOST CERTAINLY not anyone you're going to talk to on Twitter/TV/Discord....I don't care how many followers they have, or what size orders they use. No. One. All you can hope for in this game, is a quality "If this, then that" type strategy....
In my last post "BTC for those trading lower tf's.." I said I see us ranging between 8.4 and 9450 or so....we still are. Quickly approaching the 8.4 as I post this....It also coincides with this bottom Orange TL, for those of you into that.
Nothing has changed essentially for my view of this chart/tf....Let's see how 8.4 reacts. If she holds, perhaps some of you "scalpers" would choose to ride the range back up, with a SL below whatever swing we put in....If she breaks(4hr close min), well, I'd short, as previously stated. If we see a strong reaction at the level from the bulls, well perhaps they're going to run us up to/past that 9450 level.......
If....If.....get used to that word. Use that word. It's a powerful word. It keeps you adaptable, and agile...but not without a plan. You'll be able to be both quick, and decisive.
As always, practice solid risk management, good luck, and have fun.
The Halvening....Hashrates....Miner costs...Deflationary rates...Safe Havens...and on and on......
No one knows....MOST CERTAINLY not anyone you're going to talk to on Twitter/TV/Discord....I don't care how many followers they have, or what size orders they use. No. One. All you can hope for in this game, is a quality "If this, then that" type strategy....
In my last post "BTC for those trading lower tf's.." I said I see us ranging between 8.4 and 9450 or so....we still are. Quickly approaching the 8.4 as I post this....It also coincides with this bottom Orange TL, for those of you into that.
Nothing has changed essentially for my view of this chart/tf....Let's see how 8.4 reacts. If she holds, perhaps some of you "scalpers" would choose to ride the range back up, with a SL below whatever swing we put in....If she breaks(4hr close min), well, I'd short, as previously stated. If we see a strong reaction at the level from the bulls, well perhaps they're going to run us up to/past that 9450 level.......
If....If.....get used to that word. Use that word. It's a powerful word. It keeps you adaptable, and agile...but not without a plan. You'll be able to be both quick, and decisive.
As always, practice solid risk management, good luck, and have fun.
