Options360

Bitcoin Happy Memorial Day Weekend!

Options360 Updated   
COINBASE:BTCUSD   Bitcoin
Bitcoin 4hr chart, May 2021 view: A few mixed signal here, which usually means sideways price action. But obviously anything can change in an instant with crypto, so plan your limit orders, stop loss and/or alert notification accordingly.

bullish: Fibonacci 89sma caught up with the triangular trend channel.
bullish: Fibonacci VIP is starting to turn upwards.
neutral: volume buy/sell ma is flat.
bearish: pi RSI oscillator has a downward trajectory.
bearish: price action is down %$ so far today.

Memorial Day has come to mean the beginning of summer, a time for picnics and barbecues. A holiday to gather around with family. That happiness and freedom, however, is a product of the real cause for the holiday; the sacrifice made by men and women who have fought and died for the freedoms and liberties Americans hold dear.

Remember those who served before.
Remember those who are no more.
Remember those who serve today.
Remember them as we eat and play.
Remember them all on Memorial Day.

breakout = $41,608
R3 = $40,521
R2 = $39,313
R1 = $38,226
pivot = $37,139
S1 = $36,052
S2 = $34,844
S3 = $33,759
breakdown = $32,669

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com/u/growerik/
Comment:
Looking bearisherfic on the mobile view. Hope everyone's enjoying their memorial weekend parties!


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