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AMPL +100% in 2 days :D Is it time for correction?
1.39$ seems nice to open some short positions : )
I opened few small shorts already, just in case we got correction sooner.
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HOW I SEE SITUATION:
Link has been performing really nice in the past weeks. But after this gains, it is better to look for SHORT opportunities. I think we already finished with the the third wave and usually this is the spot when shorting could be better option for traders.
LEVEL: 23.7 $ seems to be great...
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Well well well, look at him ! ETH has been a good runner for the past weeks. But he is becoming tired now. ;)
HOW I SEE THE SITUATION :
- ETH was one of the best performance runner for he past weeks, but slowly getting to the reversal point. ETH needs to rest a bit to continuing going up again.
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What now? Where to ?
In my chart i draw Bitcoin current trading channel. The middle line is the decision point of the next moves.
- If we close a candle below white line, bears are in control.
- If we close above the white line Bulls are in control.
- Trade with trailing stop loos.
Support level could be difficult to predict...
As you can see, charts are printing pretty good last weeks, but slowly getting over extended... Small correction could be nice for a healthier move to ATH.
In any case you will decide to trade always use your Stop or Trailing Stop orders to secure your profits on the way.
Lets see what happens :)
Hello and welcome, my dear traders ;)
BTC is slowly losing momentum.
If BTC don't break 8115$ resistance level with full power mode soon, it will probably start to correct. Bullish on long term ;)
My next buy target is 7510 $ on USD Tether Charts.
Always have tight stop loss :)
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You are welcome...
I used to be good at predicting BTC moves, but I somehow always forget to publish trade idea :) Let's see if I will be right this time.
Please hit the like button it really means a lot to me. Thanks.
OK, let's go,
We had a great momentum over the last days, but I believe that things are going up a bit too fast.. That's why I believe the market will...
Welcome my friends,
Bitcoin is leading in the right direction. Up trend is confirming slowly step by step with higher highs and lower highs!
Always use stop lose orders to avoid possible drop 3800 range. Volume is getting smaller, so decision will be made soon.
Have a nice trading ;)