Note I have not professional trader, do your OWN research !
key points
- 11400 multi year resistance
- BTC is printing "knife" drop one after the other, confirming temporarily rejection to move higher
- SPX struggle at resistance
- BTC correction not complete, see related idea
- The previous run from 9000 to 11000 generated too much FOMO, remember to 1 rule "buy low sell high" and vice-versa
- Most people are in profit, distribution, correction and accumulation necessary
- The next dip may trigger a bigger bull run since people will take the opportunity.
- BTC.D still high, there is probably still room for ALTS
- Personally I think some major cap alts are more mature than on 2018 if this bitcoin halving fails they take bitcoin's dominance
- Note that on small time frames 10800 has been holding as support
Send me private message for more trading tips, saving on fees or setting up scripts on exchanges
The exchanges have very different conditions, your trades may work well on one but not on another and best exchanges give much more flexibility and control.
key points
- 11400 multi year resistance
- BTC is printing "knife" drop one after the other, confirming temporarily rejection to move higher
- SPX struggle at resistance
- BTC correction not complete, see related idea
- The previous run from 9000 to 11000 generated too much FOMO, remember to 1 rule "buy low sell high" and vice-versa
- Most people are in profit, distribution, correction and accumulation necessary
- The next dip may trigger a bigger bull run since people will take the opportunity.
- BTC.D still high, there is probably still room for ALTS
- Personally I think some major cap alts are more mature than on 2018 if this bitcoin halving fails they take bitcoin's dominance
- Note that on small time frames 10800 has been holding as support
Send me private message for more trading tips, saving on fees or setting up scripts on exchanges
The exchanges have very different conditions, your trades may work well on one but not on another and best exchanges give much more flexibility and control.
Trade active:
This is fake breakout, better short instead the resistance is tough
maybe correction wont happen, spx also holding.