Bitcoin Analysis, $9100 then $8800.
Hi traders,
Its been a while I haven't posted on trading view, so I thought of sharing my analysis on BTCUSD.
The chart tells me that we are heading for a small bearish correction, with the first target of $9100, then to $8800.
Its been a while I haven't posted on trading view, so I thought of sharing my analysis on BTCUSD.
The chart tells me that we are heading for a small bearish correction, with the first target of $9100, then to $8800.
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Hi traders, your kind words mean a lot, thank you :)!
Trade closed: target reached:
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Here is a 5min chart on how Bitcoin is expected to move. Of course, don't take this as a trading signal but an educational material on how and when to enter a trade with a stop loss.
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Target smashed.
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Rule #1 when charting:
KISS principle - Don't overcomplicate charts.
"KISS is an acronym for "Keep it simple, stupid" as a design principle noted by the U.S. Navy in 1960. The KISS principle states that most systems work best if they are kept simple rather than made complicated; therefore simplicity should be a key goal and unnecessary complexity should be avoided.
KISS principle - Don't overcomplicate charts.
"KISS is an acronym for "Keep it simple, stupid" as a design principle noted by the U.S. Navy in 1960. The KISS principle states that most systems work best if they are kept simple rather than made complicated; therefore simplicity should be a key goal and unnecessary complexity should be avoided.