Use Stochastic RSI as 1 of your confirmation indicatorsAs previouslly stated, but in case U missed:....
Looking back which is never used to speculate future, BUT recently the last 2 major dips, that did this stall sideways chop suey.... AftR consolidation from big DUMP, eventually made the BIG Retrace back above the prev. LOW B4 the DUMP... So 4 now I have changed my mind, as ususal, only time will tiell. Cud Luck to all.
*** KEEP your eye on the Stochtastic RSI at bottom of chart. IF it reaches upwards close to the 70-80% I will stay Bullish , If it makes its way southern, like 30-20% area. Then I will Be Re-reversing my inintal position & Thus be shorting XBT/USD as initial 1 hour charts indicated...
Gud Luck & PLace stops to minimize losses. The most important thing IF to be succesful in any market is to minimize Risk. which can be done largely with the perfect set up.... #LAMBO to the MOON LMFAO...
