WHAT IF WE ARE IN A BIG UPTREND ?
Hi traders, welcome back to my analysis. It was a bad day for cryptocurrency, so what's the next move ? As you can see in my chart, i draw a very big UPTREND Fibonacci Channel that Bitcoin doesn't even touch the bottom of the trend yet. And that green zone, which is a good support, the bottom of uptrend, and the top of the downtrend, is our LAST hope for the life of cryptocurrency. Let's wait for price action at that place.
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** The 20 EMA indicator in my chart is just for fun lol, i use a lot of other indicators to increase the accuracy. **
For any ideas or questions, tell me what you think in the comment section.
As always, sorry for my poor English and safe trading everyone! Remember to put your <50% Risk/Reward stop-loss order for every trade.
Who am i ? I'm a tiny cryptocurrency whale, an emotionless chart analyst, and a cannabis lover
- MrPalmTree
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** The 20 EMA indicator in my chart is just for fun lol, i use a lot of other indicators to increase the accuracy. **
For any ideas or questions, tell me what you think in the comment section.
As always, sorry for my poor English and safe trading everyone! Remember to put your <50% Risk/Reward stop-loss order for every trade.
Who am i ? I'm a tiny cryptocurrency whale, an emotionless chart analyst, and a cannabis lover
- MrPalmTree
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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.
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.