old habbits or new all time high for BTC/USD?
Hello,
we see BTC/USD trading pair on Bitfinex consolidating for more than 20 days now, we had a strong bull move this year but now Bitcoin is consolidating and seems like it could be a reversal.
IS bitcoin falling into old habbits or do we see a new old time high for BTC in 2019?
We have the 38.2 and 50 % fibonacci retracements of the strong bull move under us.
When we see a correction to these levels and get a descent pull-back i will add to 50 % of my current position size to my position.
If we fall under these retracements, especially under the lows of the consolidation period we seen last year i will take my stop loss and wait for a better opportunity.
Have great weekend and week!
we see BTC/USD trading pair on Bitfinex consolidating for more than 20 days now, we had a strong bull move this year but now Bitcoin is consolidating and seems like it could be a reversal.
IS bitcoin falling into old habbits or do we see a new old time high for BTC in 2019?
We have the 38.2 and 50 % fibonacci retracements of the strong bull move under us.
When we see a correction to these levels and get a descent pull-back i will add to 50 % of my current position size to my position.
If we fall under these retracements, especially under the lows of the consolidation period we seen last year i will take my stop loss and wait for a better opportunity.
Have great weekend and week!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.