BitcoinUpdated Bitcoin price movements for June 2019 | education| useful stuff
Things we see right now:
Bull power goes weaker;
Big Whales start selling BTC;
We have a maximum of 1-1,5 k price movement top until BTC reaches a significant resistance;
Bitcoin price goes parabolic. All we know from the past that all parabolic moves drop significant, it is a matter of time.
Education part:
I do not like to write big articles as some PRO* in trading view like to do.
1) Bitcoin price moves parabolic, and it will return to mean. It is a matter of time.
2) If you are not a trader and reading some free information on the trading view, you should fix some profit, if you have from this Bitcoin parabolic move.
3) Do not SHORT Bitcoin if you do not understand what are you doing.
4) After constant grow comes bloody times, face it, and prepare for it.
5) Be sure you are on right time frame, do not trade versus market conditions.
6) Do not be a HODLER. Try to buy low and sell high. How to do it? Stop chasing maximal profit. You will feel when the price comes from the bottom and when the price starts to fall from highs.
7) If you remember 2017, forget it, the market has changed, it will not return to past, conditions of trading are different.
Bull power goes weaker;
Big Whales start selling BTC;
We have a maximum of 1-1,5 k price movement top until BTC reaches a significant resistance;
Bitcoin price goes parabolic. All we know from the past that all parabolic moves drop significant, it is a matter of time.
Education part:
I do not like to write big articles as some PRO* in trading view like to do.
1) Bitcoin price moves parabolic, and it will return to mean. It is a matter of time.
2) If you are not a trader and reading some free information on the trading view, you should fix some profit, if you have from this Bitcoin parabolic move.
3) Do not SHORT Bitcoin if you do not understand what are you doing.
4) After constant grow comes bloody times, face it, and prepare for it.
5) Be sure you are on right time frame, do not trade versus market conditions.
6) Do not be a HODLER. Try to buy low and sell high. How to do it? Stop chasing maximal profit. You will feel when the price comes from the bottom and when the price starts to fall from highs.
7) If you remember 2017, forget it, the market has changed, it will not return to past, conditions of trading are different.
Note
We have reached 1 target. Further movement is possible, but we have wait for confirmation as reversal plausible.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.