Hello traders
In the next couple of days you will see movements, I believe tomorrow\sunday will be most crucial and volatile, so place your trades on the right spot.
On the short term btc is looking to form the bottom, it is already in the process and soon to be complete (sooner than I thought, that's why I moved the arrows :) )
The right shoulder is forming beautifuly, the support is looking strong, and I hope to see a break out soon.
as we all learned, when btc moves up, the whole industry does the same
off topic:
I would suggest to see and compare cryptocurrencies to see which one preforms better than the other for the short term.
BTC is forming an inverse head and shoulders in a large scale, its scale is large like XRP'S head and shoulder top, just reversed.
So for now, I would anticipate btc to pump up nicely for the year to come.
holding for long, but will swing trade when the bear gives a visit (and they do)
Good luck traders.
Desclimer: this is not a trading advice
a trader must take responsibility for his own actions
please note, that when you look on the 5 minute chart, there is still a lot more to go.. so maybe the chart I gave you before will be more accurate I'm just optimistic for now :)
In the next couple of days you will see movements, I believe tomorrow\sunday will be most crucial and volatile, so place your trades on the right spot.
On the short term btc is looking to form the bottom, it is already in the process and soon to be complete (sooner than I thought, that's why I moved the arrows :) )
The right shoulder is forming beautifuly, the support is looking strong, and I hope to see a break out soon.
as we all learned, when btc moves up, the whole industry does the same
off topic:
I would suggest to see and compare cryptocurrencies to see which one preforms better than the other for the short term.
BTC is forming an inverse head and shoulders in a large scale, its scale is large like XRP'S head and shoulder top, just reversed.
So for now, I would anticipate btc to pump up nicely for the year to come.
holding for long, but will swing trade when the bear gives a visit (and they do)
Good luck traders.
Desclimer: this is not a trading advice
a trader must take responsibility for his own actions
please note, that when you look on the 5 minute chart, there is still a lot more to go.. so maybe the chart I gave you before will be more accurate I'm just optimistic for now :)