BTCEUR 30 DEC 2020 0215 hrsJust came off of resistance.. Careful up here. Taking some profit is alway a wise thing to do
We need further evidence of institutional interest. Where do we get that evidence? Off of the amount of stopping volume at the target list.
If re-accumulatioin does not take place at the primary target areas, will have to re-group and see whats going on in the background and if this is going to become distribution into mark-down.
If you are in profit and put some into your capital, you can come back and wait for re-entry to maximize gain and minimize large losses that giive your earnings back. More importantly in my opinion is fi SM does not come back... this can really come down hard and fast and why would you want to be stuck in that bullsh**.
If you waii for price to come to you you begin playing this game a bit more on your terms