The market continues with the downtrend after trying to come back to the triangle area it was failed as bears start to sell fast around 4000$, The current resistance line. Minor support, the blue line will be checked soon. Nina is on short from 3970. NINA MTF signaled the short at a price 4080. We get mixed news from several sources on the crypto market which reflect perfectly on the chart.
We are now on the psychological phase, people buying and selling according to rummers and fake fomo comments. We will not get stabilized until BTC will print flat line for a couple of hours building the next movement to any direction. For now, the BTC is short.
Today was a good day; I was building my extended long position thinking to start buying every 200$ for keeping a small gap to exit point. Got 120% (high lav) profit at bitmex, and NINA starts to show me the signs of weakness. That was my cue to change my mindset for the long term, and I close the position, short it from 4040 to 3890. Never trend against Nina meaning never trend against the trend. That is the real power behind NINA Algo. Our pro members doing great as they are not taking any risks with the Alts, or on bitmex trading. join us to ilovenina on telegram and start trading with Nina on your trading view charts right now. Be Smart.
If you enjoy the daily update, let me know and like it if you think it worth something.. :)
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.