Hi traders, quick update here. If you follow my previous ideas, you may knew the importance of the 10875 zone. Looking at the 4H chart, we see bitcoin had a real strong support of the 100 SMA line (red line). That's a very positive signal that can help in this situation. Now my advice is, if you are aggressive, BUY some at this level, and put a tight stop loss right below. Or you can wait for the confirm later when bitcoin bounces strongly from this level then breaks the 10875 & 10975 level. Then you can strong buy and the target is our red zone. However, if this level doesn't hold, sell all and margin to go SHORT, cryptocurrency is dead :)
My previous idea if you are interested:
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For any ideas or questions, tell me what you think in the comment section.
As always, sorry for my poor English and safe trading everyone! Remember to put your <50% Risk/Reward stop-loss order for every trade.
** The 20 EMA indicator in my chart is just for fun, i use a lot of other indicators to increase the accuracy. **
Who am i ? I'm a tiny cryptocurrency whale, an emotionless chart analyst, and a cannabis lover
- MrPalmTree
My previous idea if you are interested:
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For any ideas or questions, tell me what you think in the comment section.
As always, sorry for my poor English and safe trading everyone! Remember to put your <50% Risk/Reward stop-loss order for every trade.
** The 20 EMA indicator in my chart is just for fun, i use a lot of other indicators to increase the accuracy. **
Who am i ? I'm a tiny cryptocurrency whale, an emotionless chart analyst, and a cannabis lover
- MrPalmTree
Сделка активна:
Updated Idea, We broke the key level
