BitcoinUpdated Cheer up everyone
I am sure that all of you are already aware that we are not in a good situation.
Here are my wave counting and trading setups for Bitfinex 1D.
This is how I interpretted the whole structure in a bigger frame.
I have never expected to encounter this green long-term log trend-line this early.
As many of you know, 0.786 retracement level is Bitcoin's flavor of the year.
It's about $4370(Bitfinex) and for the worst case, we might get there pretty soon.
Those of you with aggressive trading style seeking for the life-time best region of long entry,
always keep in mind that stop loss strategy is crucial.
Conservative traders should be more patient and could enter when the market is more stabilized.
Here are my wave counting and trading setups for Bitfinex 1D.
This is how I interpretted the whole structure in a bigger frame.
I have never expected to encounter this green long-term log trend-line this early.
As many of you know, 0.786 retracement level is Bitcoin's flavor of the year.
It's about $4370(Bitfinex) and for the worst case, we might get there pretty soon.
Those of you with aggressive trading style seeking for the life-time best region of long entry,
always keep in mind that stop loss strategy is crucial.
Conservative traders should be more patient and could enter when the market is more stabilized.
Note
Sorry. This is what I was intending to post for the main chart.
토미 라이브 차트 보기: litt.ly/tommytradingtv
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
토미 라이브 차트 보기: litt.ly/tommytradingtv
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.