Hi BTC fellas, I know everybody is nervous about BTC last days. Let me make u happy ( :
We have a very strongly confirmed bullflag. It tested 0.618 fibonacci point and bounced over it slightly. So everything seems sharp and perfect. Lets see if it plays
Long live BTC
We have a very strongly confirmed bullflag. It tested 0.618 fibonacci point and bounced over it slightly. So everything seems sharp and perfect. Lets see if it plays
Long live BTC
Trade active:
Trading is still active. Normally it should hit my stop-loss. That's where traditional tradering fails on BTC. But i had backtested a couple of months and realized Bitfinex is manipulating price actions to hit the stop-loss orders. Like on the forex exchanges. Don't be alarmed, manipulation doesn't effect the trend. It just effects the price actions. This is why you see crazy candlesticks on btc price.
So what is the best strategy to improve our success on trading BTC?
I do trend analysis and watch it carefully. When it shows go in signs i go half of my money. Then i calculate the best place for stoploss. But i dont enter a stop-loss. Instead of that, i add my position where i should put the stop-loss. It worked on my last 4 trades. It is so new so do not trust this style. But just watch and see. You'll see there the price action is not natural but the trend is. 4 to 6 hours later price will be over 8k again. Lets see whats next..
So what is the best strategy to improve our success on trading BTC?
I do trend analysis and watch it carefully. When it shows go in signs i go half of my money. Then i calculate the best place for stoploss. But i dont enter a stop-loss. Instead of that, i add my position where i should put the stop-loss. It worked on my last 4 trades. It is so new so do not trust this style. But just watch and see. You'll see there the price action is not natural but the trend is. 4 to 6 hours later price will be over 8k again. Lets see whats next..
Comment:
THIS IS THE SECOND MOST BULLISH SCENARIO
Trade active:
I told you guys, this consolidation period is different than the others. We're not going directly up or down. So be carefull and stay calm. No panic sell, no panic buy. There are a lot of setups. I am 100x leverage long. Hope wont be liquidated ( :
THE MOST BULLISH SCENARIO