BTC (Y19.P2.E27).Realm of possibilities
Updated
Suspense and excitement is what it is.
Coming to the end of Y19 and we have such a scenario that BTC can go any direction.
If we fall short to create the inv. H&S, we have the possibilities to go very bearish. If we make it above a critical line, we have the other.
I do believe though the longer is goes sideways, say another 2 weeks and it stays above 7K, the more likely the bottom is in.
I don't have a preference and why should I, its really 50/50 risk?
In the background, I'm constantly reviewing the scenarios to know when to go long.
a)
b)
c)
d)
Coming to the end of Y19 and we have such a scenario that BTC can go any direction.
If we fall short to create the inv. H&S, we have the possibilities to go very bearish. If we make it above a critical line, we have the other.
I do believe though the longer is goes sideways, say another 2 weeks and it stays above 7K, the more likely the bottom is in.
I don't have a preference and why should I, its really 50/50 risk?
In the background, I'm constantly reviewing the scenarios to know when to go long.
a)
b)
c)
d)
Note
My strategy in the shortsPrice movement is confined in a channel (black boarders).
If the price drops out of this, then the red zone is the sell\stop limit area
But for now, the 200 MA is the support in the 4 HRLY
Note
Updated possibilityTrade closed: target reached
target reached
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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