This is a 12 hr chart: I been making the same mistakes again and again for when to take at least some profits. When buy very low it's good can HODL but why not take 20% off the top and buy back more again instead of holding the whole position again? Sometimes it for capital gains taxation purpose and cryptocurrency is a different game. If buy back into...
Their be further shorts for the 4 hr and almost a good time to start shorting again Lack of buying volume and still further negative sentiments Still below the 8 EMA orange line for further downsides
The price when down from the $4000 levels. It below the 8 EMA, weaken Time to short Bitcoin
Hi guys we looking at the 4 hr chart The orange Bollinger Bands with the crosses on the edge of them are price spread at 2 Standard Deviation away for the 55 days. The green Bollinger Bands with the green thick line are prices at 2 Standard Deviation for the 21 days. Standard Deviation measures price spread over time – the volatility of prices. Upper bands...
As the heading apply if we break out the $3968 (top black line), then we break out of the daily bearish pennant. This is a very bullish breakout and prices from their can go to $4050, $4200, $4800 levels and maybe more We looking at the 4 hr charts For now, we can see the candles still above the 8 EMA orange line. This is bullish still but *just*. Traders use...
We looking at the 4 hr charting and still above the 8 EMA orange line but just! If we stay inside the triangle pennant and the candle moving up, we could get a breakout on the daily top line. This will confirm to the upsides to $4050. We have to see from their if it's more bullish The bollinger bands for the 21 BB and 55 BB show price is above the 21 SMA and 51...