Bitcoin / TetherLong
BTCUSDT- Get the timing right.
Years of technical analysis and getting into early from the 'fear of missing out' has cost me my hard earned $. You can respond or react to what the charts tell you. I will respond to price if it makes it to my level in the time that I believe it will take. The retracement cycle for cryptos is between 30-33 days before the trend resumes. Notice how the last consolidation/retracement lasted 33 days. If you look at the projection of the decline v time you will see that we may retest the same level. That's why it's important to wait as we may take out that swing low by a few dollars. Watch the BULLS take us up to a Higher High if this happens.
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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.