If it looks like a duck, quacks like a duck, smells like a duck, behaves like a duck, then it must be a ....
Watch out! This might just break to the downside so fast you wouldn't even have the time to say "Bitcoin".
Bitcoin loves checking back with it's previous lover, EMA.
So heads up for that possible dip to the 55W EMA (Green).
And if Bitcoin doesn't get any support from 55W EMA, it's going to check in with another lover, the 120W EMA (Yellow) who'd possibly give Bitcoin the love and support it badly needs when it falls.
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
Watch out! This might just break to the downside so fast you wouldn't even have the time to say "Bitcoin".
Bitcoin loves checking back with it's previous lover, EMA.
So heads up for that possible dip to the 55W EMA (Green).
And if Bitcoin doesn't get any support from 55W EMA, it's going to check in with another lover, the 120W EMA (Yellow) who'd possibly give Bitcoin the love and support it badly needs when it falls.
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
Комментарий:
Bitcoin couldn't pierce the 200D EMA. Will it re-test it or just drop like a rock!
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Descending Channel
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Комментарий:
This Drop To The 78.6% to 84% Fib Level Could Be The Move That Will Create A Bullish Divergence On This Daily Chart.
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Bulls are patiently awaiting for their prey!
Soon the bears will be exhausted and the bulls will start to feast and gore their way to the top of this channel.
Soon the bears will be exhausted and the bulls will start to feast and gore their way to the top of this channel.
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Watching Bitcoin Is like Watching A Sloth Race
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Bitcoin Dipped And Hit Target Area - What's Next?
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Yup, it was a duck!
So, what next doc?
Bitcoin - Where Are The Bulls? Where Is The Support?
Bitcoin's 84% Depreciation & Fibonacci Levels
So, what next doc?
Bitcoin - Where Are The Bulls? Where Is The Support?
Bitcoin's 84% Depreciation & Fibonacci Levels
