SHort term short
We are starting to develop fat 4 hour RED candles, a good chance to catch 5-10% short, I anticipate a retest of the $16200 support
Long term - bullish
Short term - bearish to neutral we need to see where all this volatility settles by the end of the week
Personally I went short, good luck to me and offer my prayers to the crypto Gods that can swing these markets very violently
I try and keep my TA as simplistic as possible and watch for the development of candles, the key factor is risk management, only risk what does not hurt you to lose without needing huge sums to rebound
Long term - bullish
Short term - bearish to neutral we need to see where all this volatility settles by the end of the week
Personally I went short, good luck to me and offer my prayers to the crypto Gods that can swing these markets very violently
I try and keep my TA as simplistic as possible and watch for the development of candles, the key factor is risk management, only risk what does not hurt you to lose without needing huge sums to rebound
Transaction en cours
as predicted a fat red candle has been produce if you entered a short above 18700i suggest taking some profit
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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.