More shorting is coming up for BTC/USD as the current price area does not seem to be a strong enough support area for it to reverse back up.
We can expect it to go down until 5600 for now.
As always, risk manage properly and always trade rationally.
Happy trading!
We can expect it to go down until 5600 for now.
As always, risk manage properly and always trade rationally.
Happy trading!
코멘트:
For those that are uncertain about the move, we can wait 24 more hours for the confirmation.
코멘트:
It is yet soon to enter a short or long position on the long term. This could potentially actually be a reversal and not a continuation further below if prices keep acting strong.
주문취소됨:
The support was not broken and thus the price of Bitcoin moved higher. Wait for a pullback on the 8 hour chart. Wait for a pullback and a consolidation to go long. Going long right now could be a trap if the pair fails to reverse.
So simply wait for the pair to show some good bullish momentum.
So simply wait for the pair to show some good bullish momentum.
코멘트:
Next move up if current support holds above ema.
코멘트:
It never hurts to wait for more confirmation before entering a move!