Hello, Trading view,
Bitcoin is still looking bearish. It looks like it will go sideways for another few days or perhaps weeks. No more than a month tho.
Right now you can see a pattern of it zig zagging through out the channel. Varying by about 12% a day. If it starts low it closes higher the next day. Then the next day it closes right back where it starts. We can tell by the resistance line we found that it wont go much above $9,000. So the closer you get to that line. The better time it is to sell. Here is my opinion as to when you should buy in and sell:
Buy in at: 8,000
Target 1: 8,500 - 50%
Target 2: 8,700 - 25%
Target 3: 9,000 - 25%
If it crosses the support line wait until it comes back then sell short.
Buy in at: 8,900
Target 1: 8,700 - 50%
Target 2: 8,500 - 25%
Target 3: 8,000 - 25%
Don't stop when you are tired. Stop when you are done.
Facebook Group: www.facebook.com/gro...ups/134980417172304/
Web: lucky024.wixsite.com/stoploss123
Twitter: twitter.com/JordanSC72/
Bitcoin is still looking bearish. It looks like it will go sideways for another few days or perhaps weeks. No more than a month tho.
Right now you can see a pattern of it zig zagging through out the channel. Varying by about 12% a day. If it starts low it closes higher the next day. Then the next day it closes right back where it starts. We can tell by the resistance line we found that it wont go much above $9,000. So the closer you get to that line. The better time it is to sell. Here is my opinion as to when you should buy in and sell:
Buy in at: 8,000
Target 1: 8,500 - 50%
Target 2: 8,700 - 25%
Target 3: 9,000 - 25%
If it crosses the support line wait until it comes back then sell short.
Buy in at: 8,900
Target 1: 8,700 - 50%
Target 2: 8,500 - 25%
Target 3: 8,000 - 25%
Don't stop when you are tired. Stop when you are done.
Facebook Group: www.facebook.com/gro...ups/134980417172304/
Web: lucky024.wixsite.com/stoploss123
Twitter: twitter.com/JordanSC72/