What happened now on the markets? we did saw an increase to 61k+ and directly we did saw a rejection by bitcoin small whales. we have seen this more times, and this is the 3rd time. we expecting depending on data that bitcoin will break down soon below 60K to the first target 56k.
# if we want to find good signals into the normally chart, than are a normally TA the basic step we can do. ---> check 2017 - there are some signals from 2017 into this chart, what makes it return into short trade.
whales run the bitcoin price, not the chart. they are high-profit whales into BTC, we see also whales from 8K into bitcoin, and there are whales over 1650% into btc. a long a very risk for trend - time will learn why we did add this warn before as we are now above 60K
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Discipline is the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly * this is not an advice
That high on Apr 14 is called UTAD in Wyckoff's approach. I made the same mistake, if you'll try to find BC on a graph you will see both 21 Feb and 13 Mar. Now we know that 13 Mar was fake born by CryptoQuant. No more mistakes, the slope is clear to the stage E. Wonder to assume how far could it be down %)
tdipen
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How are your TAs always wrong? Maybe take a hint, mate.
redstonenoob2005
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@tdipen, just do the oposite and you will be rich in no time 😎
TheMehranKhan
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@redstonenoob2005, You guys know that tradingview is for education right? try not to follow ideas for financial advice.