BitcoinUpdated LIVE OR DIE ? CHOOSE ONE BITCOIN!
Hi traders, quick update here. If you follow my previous ideas, you may knew the importance of the 10875 zone. Looking at the 4H chart, we see bitcoin had a real strong support of the 100 SMA line (red line). That's a very positive signal that can help in this situation. Now my advice is, if you are aggressive, BUY some at this level, and put a tight stop loss right below. Or you can wait for the confirm later when bitcoin bounces strongly from this level then breaks the 10875 & 10975 level. Then you can strong buy and the target is our red zone. However, if this level doesn't hold, sell all and margin to go SHORT, cryptocurrency is dead :)
My previous idea if you are interested:
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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.
** The 20 EMA indicator in my chart is just for fun, i use a lot of other indicators to increase the accuracy. **
Who am i ? I'm a tiny cryptocurrency whale, an emotionless chart analyst, and a cannabis lover
- MrPalmTree
My previous idea if you are interested:
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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.
** The 20 EMA indicator in my chart is just for fun, i use a lot of other indicators to increase the accuracy. **
Who am i ? I'm a tiny cryptocurrency whale, an emotionless chart analyst, and a cannabis lover
- MrPalmTree
Trade active
Updated Idea, We broke the key level
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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.