Bitcoin Profit, What Next?
Updated
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.
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Pre Trade Analysis.
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Risk management is key in any position, but especially in Crypto's where the volatility can be extreme.
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New Trade Setup.
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With the deceleration and bearish RSI divergence on many timeframes a correction has now occurred.What's next?
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