We can see huge resistance on the EMA 100 and 0.618-0.786 fibo retracement since the 15th of January. Short opportunity on the EMA 100, probably crossing arround 0.618 fib retracement.
Will update if you like it.
TF 4h.
코멘트
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My long was rekt by my stop-limit at 8200 :(
Lesson learn : do not FOMO and buy at 9000 when RSI 5min is overbought because your risk reward will be very bad. I should set my stop-limit at 8000 or below but in this case the risk reward would be bad I should not enter.
Next step, the short : I now waiting for the 4H TF BTC reaching my short zone.
Patience..
코멘트
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1H TF : the EMA 100 could be test again and break testing the EMA200. This could be our short zone. Below EM 200 on the 1H TF and near EMA 100 on 4H TF. 10000 is a Nice psycho number for the short what do you think ?
코멘트
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Still waiting for the amazing short opportunity... :)
코멘트
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It seems we arrive to our target to enter in the short. Don't forget your stop-loss :)
Short now or wait 9300 ? Hard question... what do you think guys ?
dlacman
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Back to the chart, your's bellow blue lines are marked excellently.
TaPiOn
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@dlacman, indeed ^^. Will see in the next hours if the bounce is confirmed.
dlacman
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Hello,
With fear and respect I watching your chart, thanks for your effort. I'm new in crypto world, so I just try to understand how to read and analyze charts.
@TaPiOn, I started @December 2017, bad timing, I made some investment (hurry up and wait syndrome :)) without properly analyzing the market. So now is good time to correct some of mistakes that I made. As I see, your are much experienced than me, can you explain, what's EMA100, RSI and TF. Thanks in advance.
TaPiOn
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@dlacman, EMA is an indicator you can find in your chart 100 is the length you can change in the property of this indicator, TF is the time frame. On a 4h chart TF one candle = 4h