Hi Traders,
Firstly, i hope everyone was able to take advantage of the trade signal sent here on the 13th December.
The market started to decelerate and show signs of a pullback / consolidation as it approached the $20,000 level which was a cause for concern meaning the position was cut just that little bit short.
I am now looking for a pullback towards $18,000 and $17,800 at which point i can reevaluate the whole setup.
I hope everyone has a great week in the market.
Tom Hall.
Firstly, i hope everyone was able to take advantage of the trade signal sent here on the 13th December.
The market started to decelerate and show signs of a pullback / consolidation as it approached the $20,000 level which was a cause for concern meaning the position was cut just that little bit short.
I am now looking for a pullback towards $18,000 and $17,800 at which point i can reevaluate the whole setup.
I hope everyone has a great week in the market.
Tom Hall.
Note
Pre Trade Analysis.
Note
Note
Risk management is key in any position, but especially in Crypto's where the volatility can be extreme.
Note
New Trade Setup.
Note
With the deceleration and bearish RSI divergence on many timeframes a correction has now occurred.What's next?
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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.