Hello all,
I'm leaning a little more bullish but not much. Okay why? Well we are still in the bullish channel, until we break down, I cant lean Bearish yet.
Bullish 60%
Bearish 40%
I give the bears 40% - IMO there's 3 obvious possibilities listed below.
1) We are setting below the 21 MA
2) Being squeezed at the bottom of the pendant
3) Coming off a bearish dump
Also the S&P 500 May open tomorrow bearish if so, dipping BTC and in turn ETH.
What do you think, Crazy?
I am not an investment adviser.
I'm leaning a little more bullish but not much. Okay why? Well we are still in the bullish channel, until we break down, I cant lean Bearish yet.
Bullish 60%
Bearish 40%
I give the bears 40% - IMO there's 3 obvious possibilities listed below.
1) We are setting below the 21 MA
2) Being squeezed at the bottom of the pendant
3) Coming off a bearish dump
Also the S&P 500 May open tomorrow bearish if so, dipping BTC and in turn ETH.
What do you think, Crazy?
I am not an investment adviser.
Trade active:
A Breakout either way, needs to be confirmed with volume.
I did not add TP and SL but my practice is to always wait for a confirmed bounce with at least 1 open and close above the break candle, some wait for two. shorting or longing once a breakout accurse is always risky so ALWAY set your stop losses.
I did not add TP and SL but my practice is to always wait for a confirmed bounce with at least 1 open and close above the break candle, some wait for two. shorting or longing once a breakout accurse is always risky so ALWAY set your stop losses.
Trade active:
Well it looks like it took the 40% route, lol. Hope guy set stop losses. If you are shorting don't forget to set those stops. Alts are extra risky, but very profitable, so again, SET THOSE STOPS.
Trade active:
Shorts, Take a little profits at 353, then waiting for another bounce, if it keeps falling to 347 take a little more....:)
Longs: Just wait for the bounce and a reversal.
Longs: Just wait for the bounce and a reversal.
Trade closed: target reached:
TP target reach
