Bitcoin - time for the patient to beat the impatient again
I know it has been a long time since I have posted in here again.
Do I think our mid term high is set? I give it a good chance, but it's too soon to say.
Just remember, as soon as that mid term high is set, 99.99% of traders will start to lose money again, throw away previous gains...
If you think you can't handle a difficult market, stay away when we start that mid term correction and wait for a clear impulsive pattern to enter again with a clear place to put the stop loss. Don't over trade, as many will over the coming months!
These past 3 weeks the impatient have gained a lot of money easily, it didn't matter where or how many times thy opened positions. IMO it's time for the patient to win this gama again.
Do I think our mid term high is set? I give it a good chance, but it's too soon to say.
Just remember, as soon as that mid term high is set, 99.99% of traders will start to lose money again, throw away previous gains...
If you think you can't handle a difficult market, stay away when we start that mid term correction and wait for a clear impulsive pattern to enter again with a clear place to put the stop loss. Don't over trade, as many will over the coming months!
These past 3 weeks the impatient have gained a lot of money easily, it didn't matter where or how many times thy opened positions. IMO it's time for the patient to win this gama again.
Comment:
Way too soon to come with something clear here, but I wouldn't be surprised to see the correction start of in suc fashion based on the Fibonacci levels we can already calculate.
