BITCOIN - PRICE ACTION UPDATE - Probability Of Further Weakness.
In this video I once again take a look at the bigger picture because we cannot be trading bear market rallies everyday.
Now it is time to anticipate the next couple of waves that will occur.
If it doesn't make sense then staying neutral is the better option.
Patience is important when these types of moves are happening because either the move is still in progress or too late for good risk reward.
As I have been paying attention to about 4 different Cryptos right now I start to get a sense of what potential scenarios could play out.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Now it is time to anticipate the next couple of waves that will occur.
If it doesn't make sense then staying neutral is the better option.
Patience is important when these types of moves are happening because either the move is still in progress or too late for good risk reward.
As I have been paying attention to about 4 different Cryptos right now I start to get a sense of what potential scenarios could play out.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
