BITCOIN, My hunter mindset strategy wont allow me to give a buy or sell position at the moment, allow the price to give a clear breakout out otherwise you will be caught in a bad trade.
we have conflicting signals ,we have buy and sell signal without confirmations, the strategy is based on risk to reward ratio and the probability of buy back is poor after the selloff from the supply roof which could put long position in danger.
and if you try to sell ,the price action is resting on daily support floor of the descending daily trendline breakout which gave birth to the current all time high.
ALLOW THE MARKET TO GIVE A DIRECTION.
NO TRADE FOR NOW.
HUNTER MINDSET
GOOD LUCK
we have conflicting signals ,we have buy and sell signal without confirmations, the strategy is based on risk to reward ratio and the probability of buy back is poor after the selloff from the supply roof which could put long position in danger.
and if you try to sell ,the price action is resting on daily support floor of the descending daily trendline breakout which gave birth to the current all time high.
ALLOW THE MARKET TO GIVE A DIRECTION.
NO TRADE FOR NOW.
HUNTER MINDSET
GOOD LUCK
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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.