Bitcoin-short
Bitcoin - Short term bear idea Keep it plain, simple and minimize the noise!
Head an shoulders forming on the BTC 1hr timeframe, this is a bearish pattern.
If pattern is successful, ill be ready to short and take my first profits around $39.5k.
With any trade, ALWAYS be patient wait for confirmations to avoid any fake-outs.
I also have a short term bullish idea that I will post directly after this :)
The key to being a successful trader is to not matter which way the market is going, instead to just constantly profit when the market is up or down.
A good strategy I use mostly is bearish/bullish retest confirmations, once I get the confirmations of whatever pattern I am watching - I enter trades
Might post an educational video showing my POV and strategies to how I have been trading the markets for over a decade, its good to understand as many different perspectives as you can - then develop your own style.
* * At the moment - the market is sideways, choppy and RISKY * *
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade
Comment your ideas down below :)
Bitcoin losing strength.Bitcoin: After an initial pump, we didn't have enough buying volume to break the resistance from the previous top, and we could see a return to the 35k-40k accumulation range.
The world scenario is one of extreme caution, which will make the whales swim in depth, awaiting a definition of the scenario.