Bitcoin - time for the patient to beat the impatient again
Updated
I know it has been a long time since I have posted in here again.
Do I think our mid term high is set? I give it a good chance, but it's too soon to say.
Just remember, as soon as that mid term high is set, 99.99% of traders will start to lose money again, throw away previous gains...
If you think you can't handle a difficult market, stay away when we start that mid term correction and wait for a clear impulsive pattern to enter again with a clear place to put the stop loss. Don't over trade, as many will over the coming months!
These past 3 weeks the impatient have gained a lot of money easily, it didn't matter where or how many times thy opened positions. IMO it's time for the patient to win this gama again.
Do I think our mid term high is set? I give it a good chance, but it's too soon to say.
Just remember, as soon as that mid term high is set, 99.99% of traders will start to lose money again, throw away previous gains...
If you think you can't handle a difficult market, stay away when we start that mid term correction and wait for a clear impulsive pattern to enter again with a clear place to put the stop loss. Don't over trade, as many will over the coming months!
These past 3 weeks the impatient have gained a lot of money easily, it didn't matter where or how many times thy opened positions. IMO it's time for the patient to win this gama again.
Note
Way too soon to come with something clear here, but I wouldn't be surprised to see the correction start of in suc fashion based on the Fibonacci levels we can already calculate.
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