Hello! My name is Sawcruhteez and I am excited to start posting charts on Trading View. A little bit about myself; I have owned Bitcoin since June 2017 and traded since September. NOT AN EXPERT! My intention is to provide a daily update of the Bitcoin price action and I will always do my best to be as objective as possible. I use 95% technical analysis - especially in times of euphoria and FUD - so if you are not into that kind of thing please move along. Starting out I am going to commit to a daily update of the 1 hour chart for 1 month. Even when there isn’t much happening with the price I will do my best to make a prediction.
I am tentatively bearish with the recent price break through $10,275. Watching for death cross on 200/50 day SMA and support break of $9,700 for possible short sale entry (with $9,000) target.
I need to see the price break $10,500 before I will be bullish. That would put us back into the channel that we were following for the last 2 weeks.
I am tentatively bearish with the recent price break through $10,275. Watching for death cross on 200/50 day SMA and support break of $9,700 for possible short sale entry (with $9,000) target.
I need to see the price break $10,500 before I will be bullish. That would put us back into the channel that we were following for the last 2 weeks.
Commentaire:
If entered short, stop loss is $10,160
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