CryptoCurrencyAlerts

$BTCUSD THAT WAS A NASTY DAY, WICKS GALORE.

COINBASE:BTCUSD   Bitcoin
IF ANYONE NEEDED REMINDED JUST HOW VOLATILE CRYPTO IS, THEN THEY WERE REMINDED TODAY, COMPLACENCY WAS PUNISHED AS LONGS GOT SLAUGHTERED IN BTC AND ALL THE ALTS IN PARTICULAR. LOWER TIME FRAMES ARE HORRIFIC BUT THE DAILY SHOWS THE STRENGTH OF INDICATORS, THE MIDDLE bb WAS HIT AND BOUNCED OF PERFECTLY AS WAS THE RSI TRENDLINE.
ALL IS STILL OK, HIGHER LOWS ARE INTACT, ANY BREAK OF THAT TREND WOULD BE VERY CONCERNING AND A SIGNAL TO CASH IN. BE VERY VIGILANT IN THE COMING DAYS, FRIDAYS HAVE A TENDENCY TO BRING VOLATILITY AND WE ALSO HAVE A MONTHLY CLOSE.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.