Short

LTF Bitcoin Outlook

Updated

#bitcoin LTF looks like it is ready for pull back after fakeout to upside.

Looks like a rising wedge with a couple of H1 nPOCs at 42.2 and 41.2.

Buyers beware..HTF looks good still but LTF could reverse in the short term.

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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. Never use just 1 indicator for confirmation.
7. Set Perimeters and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Price Action greater than Indicators/Fractals/MAs
10. Horizontals greater than Diagonals

Please Note:

- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!

Trade closed: stop reached

DaCryptologist

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BlockFi: Referral Code= 88fda124

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by DaCryptologist

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