calumon

Bitcoin daily close didn't bring any clarity, yet

Long
BITFINEX:BTCUSD   Bitcoin
As the title says, Bitcoin wants us to wait. Breakout coming either today, or together with weekly close. It doesn't matter, though. We are on the edge of the trend change as the MACD I just finished implementing shows - doesn't it look nice? :) .

The MACD seems like it was on the edge of making a trand change. RSI seems like to have bounced up at 30%. Do you really need more hints to change your inflexible mind?

Maximum 2 days of a sideways movement won't change the situation. Shorters who expect <$7000 will lose again.

Don't lose money. Trade wisely. Calculate the potentials and either wait for a breakout or just go in to not lose the potential profits. But don't drop in with around 8k... You'll only FOMO and get out of bullish movement with losses. Is there anything worse regarding a traders pride than losing money in a bullish trend?
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