After all the FUD and market sentiment, I'm still remaining to be positive and not looking that much in chart because that's what markets does. duh!
This is not a bear market! I repeat, this is not a bear market! Unless the market goes below the major support which is around 5,400 USD.
SO that means, we just touch the previous trend line support! Stop making things worse for Bitcoin! Take away the negativity!
Bitcoin has a great project and it will defeat the purpose of decentralizing if we're looking forward for gov't intervention.
I believe in this coin and I will always..... HODL!
trades will not be easy since our mother coin is correcting. But after all, majority of the correction's finished!
Take care and I hope you don't get caught up with FUD!
This is not a bear market! I repeat, this is not a bear market! Unless the market goes below the major support which is around 5,400 USD.
SO that means, we just touch the previous trend line support! Stop making things worse for Bitcoin! Take away the negativity!
Bitcoin has a great project and it will defeat the purpose of decentralizing if we're looking forward for gov't intervention.
I believe in this coin and I will always..... HODL!
trades will not be easy since our mother coin is correcting. But after all, majority of the correction's finished!
Take care and I hope you don't get caught up with FUD!
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I still don't get why people keeps on panicking! set a stop loss for Christttt's.....
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It's reacting technically... (almost always!) If it drops below 5,400, 5,300 range: start shorting and buy the dip!
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See what I mean? A bounce from the .786 retracement and rsi oversold gave us a nice number!
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1 hr chart.
Consolidating in a triangle.
Consolidating in a triangle.
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RSI good.
MACD very good.
Good amount of volume.
Next stop: $9,590.
MACD very good.
Good amount of volume.
Next stop: $9,590.
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After breaking the triangle.....
A Pattern is formed.
(Bigger Picture) Going to retest the ichimoku cloud's support
A Pattern is formed.
(Bigger Picture) Going to retest the ichimoku cloud's support
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Riding the ichimoku support atm at the 1 hr chart
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Anything and Everything is possible! It could moon and it could test supports. (That's why Risk vs Reward is very important!) But for me, I will HODL.