BTC/USD Ichimoku/EMA
Updated
Hello community,
Unfortunately, Bitcoin keeps heading south hard and fast
Signs of a continuos bear market can be appreciated in this chart in the following:
* Market continues to trade under Kumo cloud.
* Kumo cloud has turned red.
* 13 EMA had crossed under 48 EMA.
I was a strong HODler, but have now started to trade. My last position was opened at $11,555. I was afraid to let go. I sold 1/4 of my position entered at $7850 two days ago. I need to now save my first position entered at $5850, if I don't want to be left holding bags as I did in my $11,555 position.
Where are you guys shorting?
#CRAEFULGANG
Good luck and safe trading to all!
Unfortunately, Bitcoin keeps heading south hard and fast
Signs of a continuos bear market can be appreciated in this chart in the following:
* Market continues to trade under Kumo cloud.
* Kumo cloud has turned red.
* 13 EMA had crossed under 48 EMA.
I was a strong HODler, but have now started to trade. My last position was opened at $11,555. I was afraid to let go. I sold 1/4 of my position entered at $7850 two days ago. I need to now save my first position entered at $5850, if I don't want to be left holding bags as I did in my $11,555 position.
Where are you guys shorting?
#CRAEFULGANG
Good luck and safe trading to all!
Note
Good day community,Unfortunately, it seems like HTC will remain bearish for a while longer. Do you think it will go bellow $5800?
Safe trading # CRAEFULGANG
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.