Updated View on BitCoin BTC/USD (23 Dec 2019)
Bitcoin was hitting some serious bottom recently and right now, it is making an "expected" bounce.
The bounce can move toward some serious resistant of $8,350 and $9,000 regions first and that is where we can meet strong resisting bear force there.
Be very careful, if you are expecting a strong bull move as it might not happen.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Bitcoin was hitting some serious bottom recently and right now, it is making an "expected" bounce.
The bounce can move toward some serious resistant of $8,350 and $9,000 regions first and that is where we can meet strong resisting bear force there.
Be very careful, if you are expecting a strong bull move as it might not happen.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
Updated View on BitCoin BTC/USD (15 Jan 2020)
As we expected, it is making a nice swing back up to $8,500 to $9,000 region and it shall see some sort of weakness soon.
Just make sure not to put with the tight stop, if you want to short it down.
As we expected, it is making a nice swing back up to $8,500 to $9,000 region and it shall see some sort of weakness soon.
Just make sure not to put with the tight stop, if you want to short it down.
Comment:
Updated View on BitCoin BTC/USD (20 Jan 2020)
It is hitting some serious resistant region at that moment.
It is very unlikely to break it up at one go. I expect either sideway (or) at least a minor swing down is on the card.
So, just be careful, if you thinking of buying in at this moment.
It is hitting some serious resistant region at that moment.
It is very unlikely to break it up at one go. I expect either sideway (or) at least a minor swing down is on the card.
So, just be careful, if you thinking of buying in at this moment.
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Bitcoin was trying to hard to break that $7,000 support region.
It 'may' do some Upswing for the time being but pls keep in mind that we are 'very possibly' in the establish downtrend.
So, it is rather advisable to take short in every rally.