Hello Everyone, We had BTC trapped in consolidation for 4 days now between 9000-9400. Earlier today, we had 2 attempts of breaking the price down but both attempts failed. We also one quick rally that also failed. So what's next? Overall, I am still bullish, I think we will higher price by the end of the year but I also see a potential dip coming up (nothing...
Today’s rise is really remarkable 35% in one day. WOW BTC still the best performing asset in the history of human kind. We have been consolidating for 31 days without any clear direction, what happened next was a retest of bear power who tried to bring the price down and failed. Remember, trading is a constant war between the two sides (bears and bulls) and...
Hello everyone, as in the title BTC is showing some strength but we still have a long way to go. On october 19th bears were attempting to bring the price down, but lack of strength helped bulls push it up. I’ve noticed that every Sunday night (I am located on the west coast) the price tends to go up. It’s probably caused by a combination of few factors like...
Hello everyone! There’s still not much going on with BTC, consolidation is going hard, real hard! BTC is testing the lower bound of the 7800-8700 range shows small signals of building a strength, but again those signals are really small and the path is unknown. For me this is still a no trade zone. Waiting for better signals.
ey guys, I think am going to use this page us my trading journal and put content whenever there’s something going on. Going back to the chart, it’s really boring here and we are still lacking clear signs of an upcoming movement. With that being said, I am still out of trades and wait for better signals. Some people say that BTC is bottoming – Well, maybe they...
I thought I am going to throw my few cents about Bitcoin situation. In a nutshell, anything in between this red channel is not attractive to me. The price movement is just so small that is hard to make any money. We had a recent green pump, but the pump is still within red channel. As long as I don’t see any indication of leaving this channel above 8600 I am not...