BTC / USD Bitstamp: Change of annoying trend. You're ready?
I am glad that my previous idea was correct and we were able to observe growth. Now I would like to share with you my new ideas. I do not use the RSI indicator very often, but now we can observe how he is ready to give an uptrend, besides, not only RSI is ready to take off, but MACD along with CMF look quite cheerful. I previously wrote that January will be a positive month, and we should expect an uptrend, which is exactly what happened, we moved towards $ 4,400, by the way, the $ 4,400 mark is key, it is she who will decide whether we can move from a downtrend to an uptrend as this mark indicates the previous maximum.
I am still convinced that we will be able to go into an uptrend during this month, well, or show a very good uptrend, although there is not much left before the transition to the uptrend. Just some $ 400.
Returning to the last idea (I know that the picture was a bit different, but I took a new schedule so as not to distract with unnecessary debris), we can notice that BTC closed or closed the Head & Shoulders figure, yes, you probably think that the right shoulder too large, but I think that the figure is still relevant and working, it only strengthens the foundation of my new idea to start a good uptrend.
I am interested in sharing my ideas and getting your feedback, I would be pleased if you write your comment with an opinion related to my idea or related to the BTC movement in your opinion, I will be glad to read your comments and respond to them. And do not forget about the existence of stop orders that can help protect you from significant losses during the investment. Thanks you!
I am still convinced that we will be able to go into an uptrend during this month, well, or show a very good uptrend, although there is not much left before the transition to the uptrend. Just some $ 400.
Returning to the last idea (I know that the picture was a bit different, but I took a new schedule so as not to distract with unnecessary debris), we can notice that BTC closed or closed the Head & Shoulders figure, yes, you probably think that the right shoulder too large, but I think that the figure is still relevant and working, it only strengthens the foundation of my new idea to start a good uptrend.
I am interested in sharing my ideas and getting your feedback, I would be pleased if you write your comment with an opinion related to my idea or related to the BTC movement in your opinion, I will be glad to read your comments and respond to them. And do not forget about the existence of stop orders that can help protect you from significant losses during the investment. Thanks you!
Comment:
This idea is successfully closed, and now, I drew a new idea, which I invite you to see:
Trade active:
Oh, I'm sorry, I wrote the wrong idea that I want to close it. This idea is still active!
Trade closed: stop reached:
We all know that, according to statistics, among all traders earns only ~ 5%, in fact, what happened. Of course, I forgot about it, or I was too sure of my idea. There were very few short positions compared to long positions. I still think that we will go up and have to change the trend, but temporarily I move away from trading, because besides all this, I got a blocking BitMEX account. Do not forget to use stop orders. So probably it will even be easier for me to analyze the market, providing only meaningful ideas. I apologize, thank you.
We all know that, according to statistics, among all traders earns only ~ 5%, in fact, what happened. Of course, I forgot about it, or I was too sure of my idea. There were very few short positions compared to long positions. I still think that we will go up and have to change the trend, but temporarily I move away from trading, because besides all this, I got a blocking BitMEX account. Do not forget to use stop orders. So probably it will even be easier for me to analyze the market, providing only meaningful ideas. I apologize, thank you.