Bitcoin optimistic view, but a little bit sideways Long

Bitcoin / DollarBitfinex

Description

⋅ Apr 27, 2019 4:19 PM

- Uptrend with a ranging tendency
- MACD is traveling down but is far away from 0 line
- It could test the 70 SMA but there is not enough energy

Bitcoin is on an uptrend, these pullbacks are not disrupting it if whales don't cash out. If everything goes right it could go back to ~5,600 over the next week, but if a dump happens it could test the 70 SMA

Comments

CryptoEngineering

⋅ Apr 29, 2019 1:22 AM

We will see how the month ends in 2 days. Good luck on your trade!

Silos_Notlim

⋅ Apr 29, 2019 1:35 AM

@CryptoEngineering, I'm optimistic based on the trend, waiting for a pump (not so big), but my stop loss is ready. Good luck for you too!

CryptoEngineering

⋅ Apr 29, 2019 1:36 AM

@milton_solis, Stop -loss is a key to success at trading, dude. Like your prediction!

Silos_Notlim

⋅ Apr 29, 2019 1:47 AM

@CryptoEngineering, agree, risk management is the most important thing.

CryptoEngineering

⋅ Apr 29, 2019 1:48 AM

@milton_solis, with patience :)