This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
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CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
On lower time frame yes but take a look on the 4 hours chart.. zoom out you will find something interesting
Playj
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I think you gotta look bigger picture. Short term yes we're bearish which in my opinion was traders and bots if you look at a 1 min chart b t c. (At least look before you say that isn't right) bit Mex don't count. Watch coinbase 1 min The bulls over extended and got what was basically a 4th wave up. Now a pull back of 50% of a 3 month double bottom formation which first started early Dec. It's a 90 % pullback of a market that will create some of the largest companies in the world. The .com boom is to the internet just as crypto is to banking. It changes everything for the movement storage facilitation of money transfer. Then a 4 wave Bull run with a retrace of 50 or 618 fib is still bullish. Binance just had largest vol ever during this run. . You gotta be long biased and buy old support levels will be far more profitable and likely to go your way. Trade safe.
Playj
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@Playj,
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.