Suspense and excitement is what it is.
Coming to the end of Y19 and we have such a scenario that BTC can go any direction.
If we fall short to create the inv. H&S, we have the possibilities to go very bearish. If we make it above a critical line, we have the other.
I do believe though the longer is goes sideways, say another 2 weeks and it stays above 7K, the more likely the bottom is in.
I don't have a preference and why should I, its really 50/50 risk?
In the background, I'm constantly reviewing the scenarios to know when to go long.
a)
b)
c)
d)
Coming to the end of Y19 and we have such a scenario that BTC can go any direction.
If we fall short to create the inv. H&S, we have the possibilities to go very bearish. If we make it above a critical line, we have the other.
I do believe though the longer is goes sideways, say another 2 weeks and it stays above 7K, the more likely the bottom is in.
I don't have a preference and why should I, its really 50/50 risk?
In the background, I'm constantly reviewing the scenarios to know when to go long.
a)
b)
c)
d)
Note
My strategy in the shortsPrice movement is confined in a channel (black boarders).
If the price drops out of this, then the red zone is the sell\stop limit area
But for now, the 200 MA is the support in the 4 HRLY
Note
Updated possibilityTrade closed: target reached
target reached
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.