In not so many words, we do have a situation in BTC which is very psychologically driven with a touch of FOMO (Fear Of Missing Out).
I might get into my thinking later in an edit. But I would like to get this "idea" out there before..
So this is a daily candle chart, and basically if we get a close in the green, or over 6k, then you can set your sell orders a bit higher than what you had planned maybe (red area). But don't forget many are thinking the same way, so don't get greedy.
I might get into my thinking later in an edit. But I would like to get this "idea" out there before..
So this is a daily candle chart, and basically if we get a close in the green, or over 6k, then you can set your sell orders a bit higher than what you had planned maybe (red area). But don't forget many are thinking the same way, so don't get greedy.
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If we make a smaller correction down and bounce at the 5600 or go sideways for a bit, that "if" is below 20% right now. So by the feel of the market right now I'm going in for a long. But I am going to sit here and watch (acting manual stop loss)