[May 23 / BITMEX] Bitcoin Trend Analyze $7251/6732 - $7750
Sorry guys!
I'm being late to upload it. I was super busy to help my friends and had a meeting.
So far, it dropped HUGE without any bounce.
I already mentioned that BTC market is volatile and weak.
Before I start analyzing it, honestly, I thought that $7800 line can support it
However, the reality gave me depression. The bear smashed the bull and gonna dropped.
I had a hope and that was crashed. Of course, I still made a profit but as I thought that it can be reached at $8130/8180.
Anyway, so far I think that we have to be a conservative trader.
7500/7400 line is meaningless.
7300 would support work as the real support line.
But my prediction is 7251/6732 for bouncing.
Therefore,
Long position 7301, 7252, 6733 (x5-10)
Short position; if you are an aggressive trader, watch 7300 line and decide
If you are not an aggressive trader, close at 74xx
Green line is with hope.
Red line is too realistic.
Believe it or not, it is all up to you
Of course, some whale can buy more and more, will shoot to 9000!
But, we have to be realistic for surviving between whales.
We do not expect they will follow our idea/dream.
They do not care about our profit, they just need the wave for making a profit.
So guys, this time frame is so tough. But be hope and keep your centre.
If you wanna use my signal indicator, we can discuss it
If you wanna play margin market, for now, do not go.
I do not wanna give any lie to you guys. Just play in coin market.
Not in margin market :)
Have a great day!
I'm being late to upload it. I was super busy to help my friends and had a meeting.
So far, it dropped HUGE without any bounce.
I already mentioned that BTC market is volatile and weak.
Before I start analyzing it, honestly, I thought that $7800 line can support it
However, the reality gave me depression. The bear smashed the bull and gonna dropped.
I had a hope and that was crashed. Of course, I still made a profit but as I thought that it can be reached at $8130/8180.
Anyway, so far I think that we have to be a conservative trader.
7500/7400 line is meaningless.
7300 would support work as the real support line.
But my prediction is 7251/6732 for bouncing.
Therefore,
Long position 7301, 7252, 6733 (x5-10)
Short position; if you are an aggressive trader, watch 7300 line and decide
If you are not an aggressive trader, close at 74xx
Green line is with hope.
Red line is too realistic.
Believe it or not, it is all up to you
Of course, some whale can buy more and more, will shoot to 9000!
But, we have to be realistic for surviving between whales.
We do not expect they will follow our idea/dream.
They do not care about our profit, they just need the wave for making a profit.
So guys, this time frame is so tough. But be hope and keep your centre.
If you wanna use my signal indicator, we can discuss it
If you wanna play margin market, for now, do not go.
I do not wanna give any lie to you guys. Just play in coin market.
Not in margin market :)
Have a great day!
As you can see the market, if the price is above 7530/7550, lots of ppl dump and dump again.
As I mentioned 7500/7400 is meaningless. It is not good to trade