LOOK AT THAT RED CANDLE
Updated
Hi my fellow traders! Made a soon short call 8 hours ago about the drop right at the time everyone was bullish, and it created a big red candle again. Only give you ONE important line each post and now you know how strong they are.
But hold up, we are on above the 200 SMA of 4H chart, which is bullish. However, being pushed from a historic trend line is usually stronger than a moving average. Now let's keep an eye on the 200 SMA. If it broke, "welcome" to 3500.
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I'm opening a trading course, PM me for more information.
But hold up, we are on above the 200 SMA of 4H chart, which is bullish. However, being pushed from a historic trend line is usually stronger than a moving average. Now let's keep an eye on the 200 SMA. If it broke, "welcome" to 3500.
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I'm opening a trading course, PM me for more information.
Note
As long as bitcoin stays below that line, the market is still strong bearish.Trade closed: stop reached
Alright, prepare for the f*cking BULL bitcoin marketNote
From now, buy bitcoin as much as you can, if it goes down, you buy more. It won't go lower than that blue line at least until next monthNote
Has some day off and very suprise to see price broke down that blue line. Things get serious now. Will update my idea later. As i said, above that line is strong bull, below that line is strong bear
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