Hi traders,
Bull trap or not bull trap, it would not be wise not to trade at the moment, especially Alts (this is why i am almost only posting Btc charts, it should lead you the way to your alts decisions).
We are still inside a pullback area, so a pullback is likely to happen.
Adding at the .786 Fibonacci could be a good entry. Can it go lower? Absolutely. A break of 6.800 would indicate a retest of the 6.000 area, and some painful low prices till the summer, with my capitulation target of 3.500$ to be possibly reached.
Add progressively. Use tight stop losses.
You are trading yourself, for yourself.
Here are my targets for this bullish run i was waiting for since the 6.800 area.
Good luck
Bull trap or not bull trap, it would not be wise not to trade at the moment, especially Alts (this is why i am almost only posting Btc charts, it should lead you the way to your alts decisions).
We are still inside a pullback area, so a pullback is likely to happen.
Adding at the .786 Fibonacci could be a good entry. Can it go lower? Absolutely. A break of 6.800 would indicate a retest of the 6.000 area, and some painful low prices till the summer, with my capitulation target of 3.500$ to be possibly reached.
Add progressively. Use tight stop losses.
You are trading yourself, for yourself.
Here are my targets for this bullish run i was waiting for since the 6.800 area.
Good luck
Comment:
Finally, we have some normal Rsi.
Comment:
Idea of a quick Long trade with a good risk reward.
Local bullish flag, resting above smma50. Long to 8.130$
Use the stop loss
Local bullish flag, resting above smma50. Long to 8.130$
Use the stop loss
Trade closed: stop reached:
Sometimes you have a pair of Aces, and the possible winning hand creates a small loss that had low probabilities to happen, but it happened.
Poker players gotta love trading Bitcoin.
Poker players gotta love trading Bitcoin.
Comment:
Ok.
Comment:
We have a 1 day Doji cs forming.
This could lead to a possible reversal of the previous bullish cs for tomorrow (we could have a bullish day tomorrow).
This could lead to a possible reversal of the previous bullish cs for tomorrow (we could have a bullish day tomorrow).
Comment:
*previous bearish candlestick* thank you samsung keyboard.
Comment:
Well. Looks like we can forget about the Doji candle!
Comment:
We are approaching to the first target of 7.700 as expected previously from the pullback area
Comment:
It is such a pleasure doing TAs about this market that is so reliable, easy to trade, predictable, full of logical patterns!
Well, how can i say.
I feel like predicting Bitcoin moves right now is completely useless and impossible.
Better having a look at the big picture for now.
It is extremely rare to have such a succession of pump and dumps, there is almost zero healthy natural patterns going on since the short squeeze.
I am sorry if my TAs are not helpful.
Do not short or long Bitcoin anymore for now.
Getting some alts and "shit" coins instead of trading Bitcoin seems to be the wisest move for now.
Stay away from the shorts and longs unless you are absolutely sure of your move.
Well, how can i say.
I feel like predicting Bitcoin moves right now is completely useless and impossible.
Better having a look at the big picture for now.
It is extremely rare to have such a succession of pump and dumps, there is almost zero healthy natural patterns going on since the short squeeze.
I am sorry if my TAs are not helpful.
Do not short or long Bitcoin anymore for now.
Getting some alts and "shit" coins instead of trading Bitcoin seems to be the wisest move for now.
Stay away from the shorts and longs unless you are absolutely sure of your move.
Comment:
First target reached