Hi guys!
This is great morning (i am living in Indonesia btw so this is 8 am) for a big move!
Great if you always set your stop loss before you sleep hahaha.
Luckily my btc and another alt only loss about 1% since i put the stop nearly bottom line of the channel.
As i told last week, we have semi support on 55-MA weekly timeframe.
This support located at 7305 USD (i will add the pict later).
Another support still located at 6,9-7k.
But, i don't see that 6,9-7k support will hold "IF" the weekly candle close below the 7305, and maybe we will straight to the 6,5k support.
So, i hope this weekly candle still close above 7305.
I don't really have strategy for btc right now because there is no pattern forms except bearflag.
My only strategy is wait this weekly candle to close before buying again.
I don't want to catch the knife!
Be safe guys!
This is great morning (i am living in Indonesia btw so this is 8 am) for a big move!
Great if you always set your stop loss before you sleep hahaha.
Luckily my btc and another alt only loss about 1% since i put the stop nearly bottom line of the channel.
As i told last week, we have semi support on 55-MA weekly timeframe.
This support located at 7305 USD (i will add the pict later).
Another support still located at 6,9-7k.
But, i don't see that 6,9-7k support will hold "IF" the weekly candle close below the 7305, and maybe we will straight to the 6,5k support.
So, i hope this weekly candle still close above 7305.
I don't really have strategy for btc right now because there is no pattern forms except bearflag.
My only strategy is wait this weekly candle to close before buying again.
I don't want to catch the knife!
Be safe guys!
Note
55-MA on weeklyNote
As i said above.
.
.
.
we will straight to 6,5k
:)
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.