G'day Traders!
This is simple but something worth looking at. In the past couple of months the big debate for bitcoin is whether or not we're in a bull or bear market. Well, here it is folks: Long term, log-scale chart shows us all. If we close below the long term trend-line on a weekly candle it is safe to say we are in a bear market. Yes, I know, the medium-term trend is downward but, long-term we haven't broken the trend. Simple as that. We may very well break the trend but until we do....we haven't.
At this point, I am buying support and selling resistance. That is literally the easiest way to trade in my own opinion.
Happy trading!
This is simple but something worth looking at. In the past couple of months the big debate for bitcoin is whether or not we're in a bull or bear market. Well, here it is folks: Long term, log-scale chart shows us all. If we close below the long term trend-line on a weekly candle it is safe to say we are in a bear market. Yes, I know, the medium-term trend is downward but, long-term we haven't broken the trend. Simple as that. We may very well break the trend but until we do....we haven't.
At this point, I am buying support and selling resistance. That is literally the easiest way to trade in my own opinion.
Happy trading!
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.