Hey tradomaniacas,
it`s been a long time since I`ve published an idea for the cryptomarket because it seemed like Bitcoin`s biggest hobby is to destroy every TA-Idea we have in short-term.
Now I`m getting concerned about the current situation that shows more and more weakness and could head to the long expected drop towards 3.000,-!
Bitcoin likes to ride the FAN-Resistance-Levels, fails at the 200 Moving Avera and is not able to reate new highs.
The magic 3 rule is one of my favourite strategies to trade Breakouts in the Forex / Stock-market.
Does that work with Bitcoin aswell? We will see.
Just wanted to share my worries / or good chances for a nice short momentum?
Stay cool, don`t panic and have a plan for all scenarios. ;-)
Cheers and good trades
Irasor
it`s been a long time since I`ve published an idea for the cryptomarket because it seemed like Bitcoin`s biggest hobby is to destroy every TA-Idea we have in short-term.
Now I`m getting concerned about the current situation that shows more and more weakness and could head to the long expected drop towards 3.000,-!
Bitcoin likes to ride the FAN-Resistance-Levels, fails at the 200 Moving Avera and is not able to reate new highs.
The magic 3 rule is one of my favourite strategies to trade Breakouts in the Forex / Stock-market.
Does that work with Bitcoin aswell? We will see.
Just wanted to share my worries / or good chances for a nice short momentum?
Stay cool, don`t panic and have a plan for all scenarios. ;-)
Cheers and good trades
Irasor
Note
Note
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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.