RSibayan

Bitcoin - Approaching Red Resistance And 12EMA

COINBASE:BTCUSD   Bitcoin
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy BITCOIN, nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
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Bitcoin could meet up with the 12EMA and Red Extended Resistance Trend Line today by tonight or tomorrow and we'll find out how it reacts if it pushes upwards to break resistance or get rejected and gets pushed back down.

Stoch RSI: Oversold Region, crossed bullish.

MACD: About to cross bullish, could be printing a Bullish Divergence.

Patience and Discipline are KEYS to a successful trade.

Trading is both a Science and an Art.
Develop an intuition and listen to your instinct while following the rules putting emotions aside.
If you have not yet developed it, you will develop this as long as you stay consistent with following
the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle.
Soon it will be your subconscious running your trades, again, much like when riding a bicycle
the balancing is controlled by the subconscious part of your brain.

Be PERSISTENT and stay PERSISTENT.

Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView.

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Happy Yuletide Season!

More power to all your trades, my friends!

Ron
Intrepid_Trader

Disclaimer

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