BTC/USD Bollinger Band based signal pressure is intense
Not a piece of financial advice.
We are awaiting a clean signal that is expected to flash anytime soon should the market prevents itself from going south. We have already entered the bear market this season. Hope the Bollinger Band signal does not fail this time. Therefore, no rush here to enter the trade. Interestingly the RSI/Stoch suggests the bottom has been found. Weekly close above 21.9k is expected should there be no chaos to push markets further down.
Those who got into the bottom around 19.5k level have 1k up to their share if swinging at this risky zone at an hourly trend cycle that is rewarding for quite some time.
Should I put a trade here? I rather wait for a clean signal emerge so that my trades will follow the algorithms rather than emotions.
We are awaiting a clean signal that is expected to flash anytime soon should the market prevents itself from going south. We have already entered the bear market this season. Hope the Bollinger Band signal does not fail this time. Therefore, no rush here to enter the trade. Interestingly the RSI/Stoch suggests the bottom has been found. Weekly close above 21.9k is expected should there be no chaos to push markets further down.
Those who got into the bottom around 19.5k level have 1k up to their share if swinging at this risky zone at an hourly trend cycle that is rewarding for quite some time.
Should I put a trade here? I rather wait for a clean signal emerge so that my trades will follow the algorithms rather than emotions.
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