1. What is a trade journal? A trade journal is a method which allows you to describe all the relevant details of every trade that you take. 2. Should I have a trade journal? Every single trader MUST have a trading journal. Without having a clear picture for each of your trades, it will be very hard to become a successful trader. 3. How does a trade...
On the daily chart Bitcoin is close to a recent support area (11.200 - 11.400) which could be broken soon and the price will keep going down towards the support area at 10.250 - 10.450. On the other hand, if sellers pressure will not be sufficient to break the initial support area, then the price will reverse towards the 12.300 - 12.500 resistance area.
Looks like a symmetrical triangle is forming on LINK daily chart . Could breakout to 26$ according to Fibonacci.