We all want BTC to go to the "Moon" I do just a much as the next investor in this market butttt, we need to see healthy growth in this market in order to keep seeing further highs. What goes up hard also falls even harder. We all saw what happened end of 2017.
So What I would like to see is some pullback and sideways action trading within this channel. It looks like as I am writting this, it is doing just that. Lets not get caught in a bear trap guys.
Also when trading alts in the mean time be careful as most of them tend to move with the price of BTC. IF we can manage to run sideways for a good 3-4 days that should leave plenty of room to make some profits on these alts. I will post my top 5 that i am looking for big gains in the month of May!
Happy trading to all,
Mike Cesaroni
So What I would like to see is some pullback and sideways action trading within this channel. It looks like as I am writting this, it is doing just that. Lets not get caught in a bear trap guys.
Also when trading alts in the mean time be careful as most of them tend to move with the price of BTC. IF we can manage to run sideways for a good 3-4 days that should leave plenty of room to make some profits on these alts. I will post my top 5 that i am looking for big gains in the month of May!
Happy trading to all,
Mike Cesaroni