Its been a while I haven't posted on trading view, so I thought of sharing my analysis on BTCUSD. The chart tells me that we are heading for a small bearish correction, with the first target of $9100, then to $8800.
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Hi traders, your kind words mean a lot, thank you :)!
Trade closed: target reached
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Here is a 5min chart on how Bitcoin is expected to move. Of course, don't take this as a trading signal but an educational material on how and when to enter a trade with a stop loss.
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Target smashed.
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Rule #1 when charting:
KISS principle - Don't overcomplicate charts.
"KISS is an acronym for "Keep it simple, stupid" as a design principle noted by the U.S. Navy in 1960. The KISS principle states that most systems work best if they are kept simple rather than made complicated; therefore simplicity should be a key goal and unnecessary complexity should be avoided.
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.
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.