philipraytburg

BTC Zoomed Out Fractal Play

BITFINEX:BTCUSD   비트코인
Just a quick idea of a fractal I noticed on the weekly chart. One of the best pieces of advice I've heard was "when in doubt, zoom out." Easy to get caught up in intra-day trading and FOMO. Weekly RSI is bottomed out and we're approaching the end of the triangle formed by the master trend line (bottom yellow line) and downward channel trend (top yellow line). Over the course of the next few weeks, I expect good things regardless of if BTC hits 8.8-9k or even possibly less. Of course, if this breaks we'll have to reconsider the strategy, but it does look fine here.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.