Basic idea of the formula: USD/Tether buying power of Bitcoin vs Bread.
When the chart looks bullish: best to have your money in USD or Bitcoin.
When the chart looks bearish: best to own Bread (BRDBTC).
MACD and chart pattern would indicate to me: think we're going to see an uptick in the value of Bread.
When the chart looks bullish: best to have your money in USD or Bitcoin.
When the chart looks bearish: best to own Bread (BRDBTC).
MACD and chart pattern would indicate to me: think we're going to see an uptick in the value of Bread.
Trade closed: target reached
Wasn't a H&S -- but there was definitely some distribution/accumulation in the mix. Ended up working out regardless.
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.
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.