.618 support trend holding
major support trend in tact
.618 of smaller wave & .618 of bigger wave holding
Lots of FUD & oversold conditions
Falling wedge ABCD correction
Use tight stops!! but come on people this is bitcoin & look at how cheap she is.
Another lower low is possible but that is why the stop-loss was invented in the first place.
Also this post isn't hateful toward bears I noticed when the market is really low bears get really defensive if I post any bullish predictions (the market can go both ways if you don't want to see that then you probably don't have a trading plan for both directions so make one)
stay profitable out there.
major support trend in tact
.618 of smaller wave & .618 of bigger wave holding
Lots of FUD & oversold conditions
Falling wedge ABCD correction
Use tight stops!! but come on people this is bitcoin & look at how cheap she is.
Another lower low is possible but that is why the stop-loss was invented in the first place.
Also this post isn't hateful toward bears I noticed when the market is really low bears get really defensive if I post any bullish predictions (the market can go both ways if you don't want to see that then you probably don't have a trading plan for both directions so make one)
stay profitable out there.
Note
Note
Note
Note
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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.