About meGeneral rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is recommended generally, Exit3 is for risk lovers only.
-If not otherwise specified, I would recommend a stoploss at the price of around 2% change at the unwanted direction. Altho
Because of some personal reasons, i was away for a while. Now I am back:)
Scalp ( BTC , long)
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is the exits I use generally, Exit3 is just for risk lovers.
-If not otherwise specified, I would recommend a stoploss at the price...
I think BTC has lost the bullish momentum in the last couple of hours deliberately and having broken the blue support, it will (IMO) test first the green support, and after a while it will land at the purple dashed line as the new support. In summary, I expect a further bearish movement of BTC for the next hours.
I think BTC will test the red and the green curve like supports in the short term. The Blue area can be regarded as background noise.
In total, I foresee a movement which is sideways to bearish in the short term.
After testing 19250 again, as i expected in my latest idea, btc has broken the curve like support (red) in the short term and takes the linear line as the new support (blue), which indicates a lose of momentum and change of increase type from exponential to arithmetic. We can expect a decrease tomorrow the latest...