Yesterday's candle was meant to signal the end of the downtrend on my daily chart. It seems like it did that and about 30 minutes before close BFX decided it wanted to test 165 real quick. Since that daily candle was meant to signal the end of the downtrend and now a new uptrend is starting with the new daily candle it kind of looks like how it did in 2013, before we had our huge bubble.
It seems like the market didn't support going under 220 because the other exchanges didn't follow. The retracement on BFX was extremely fast as well which is also pretty common for the end of a long-term downtrend in bitcoin. This is obviously a high-risk/high-reward trade, It may be worth it to wait for a higher low before using margin.
"Be Greedy When Others are Fearful" -Warren Buffet
It seems like the market didn't support going under 220 because the other exchanges didn't follow. The retracement on BFX was extremely fast as well which is also pretty common for the end of a long-term downtrend in bitcoin. This is obviously a high-risk/high-reward trade, It may be worth it to wait for a higher low before using margin.
"Be Greedy When Others are Fearful" -Warren Buffet
Find me on x.com/intuit_trading
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Find me on x.com/intuit_trading
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.