ETH / USD Price Entering SidewaysHello, want so say thank you, I really appreciate your support for this idea. Hit like button and I would love to see your inputs in comments
Price reached local resistance near $140. Now we can expect retest of $120 and we see bullish div on RSI and price. Basically I will expect further growth of the price, but not in fast pace, this will be calm price action.
Artemcrypto
TWO BITCOIN SCENARIOS, WHICH ONE WILL YOU CHOOSE?Hello, dear followers, hope you survived this price action 🙂
support this idea with like ❤️. Bookmark this idea to analyse price action in future, and follow up comments section
Today's price action action has encouraged all of us: someone made good money, and someone lost money.
Let's look at possible scenarios, what will happen next with the price of bitcoin?
Look at weekly, this is interesting as the price approaching MA200, this could be very strong buy trigger:
Daily price and RSI doesn't show bullish divergence:
This might move the price a bit down within a week, and after completing RSI cycle and Divergence it will go up.
How far it can go upwards? I am waiting for 2 specific resistance levels 6800 and 8300. So I am looking to buy the dip at bullish divergence signal.
Hopefully to see it within a week. So it is better to avoid risky positions in this case. Choppiness will continue during 5-7 days.
Worst scenario is falling down , towards 4200 to retest Support / Resistance Flip. In this case it is important to see price action near 5800 zone and RSI patterns.
Summing up, I want to say:
Who earned profits - keep it up
Who lost - do not be discouraged. Keep on trading.
Please, Write in the comment which scenario is the right one, on your opinion?
To success — ask simple questionsHello friends, first of all, you can support this idea and follow simple questions in your trading. This post will help you find your ways in trading.
Before any trade, ask simple questions and make sure you have answers.
Can you afford to lose some amount money? — Accept the risk. Don't fool yourself.
Do you have a strategy for trade? — Plan where you will get profits and where take loss.
Are you in right state of mind? — Make sure you're not biased to something in this trade.
Do you have confidence in your analysis? — Get more knowledge of TA, and what works for specific asset.
Is there any news may coming to impact this trade? — Bad news or even good news could change direction for short-term. Be ready for everything.
Is there any reasons not take this trade? — Well any reasons here, schedule, work, health etc
Is this is a safe trade? — Make sure you are not jumping in trade in FOMo, check yourself and risks.
Stay profitable, this is ArtemCrypto