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Did you know trading is not about maximising profit, but about minimasing risk?
Currently, BTC/USD is a great buy if you are thinking mid-long term. Should you buy or sell? Here are valid arguments for each side:
Sell:
Buy:
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis.
Follow @MeowSignals for more insights! Also make sure to visit our...
Facebook: https://www.facebook.com/meowsignals/
Website: (coming soon)
Did you know trading is not about maximising profit, but about minimasing risk?
Currently, BTC/USD is a great buy if you are thinking mid-long term. Should you buy or sell? Here are valid arguments for each side:
Sell:
- Short-term price action
- The price entered the 1st standard deviation but failed to stay inside
- The 0.786 level of Fibonnaci Retracements
- The Fair Value Price of BTC is $5935
- A second retest of the Weekly 200 Moving Average is still plausible
Buy:
- Mid-long term potential is imminent for BTC/USD
- We are almost at (if not already) at the bottom of correction
- Remember, it's about minimasing risk, not about catching the perfect low. Trading 101!
- One of the strongest investments you could make in our lifetime
Commodity Channel Index, custom volatility indicators and Bollinger Bands and their derivatives were used in the technical analysis.
Follow @MeowSignals for more insights! Also make sure to visit our...
Facebook: https://www.facebook.com/meowsignals/
Website: (coming soon)
Trade active
Short-term price on the move. We are near the 0.786 Fibonnaci Retracement.
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