Don't go chasing waterfalls

Panjang

Bitcoin / Euro (BINANCE:BTCEUR)

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BINANCE:BTCEUR Bitcoin / Euro

trendanalysis btceur bearmarket waterfalls bottomfinder

Wait till BTC reached the (confirmed) bottom before going in. Everything can happen but I just want to share two possible scenarios. What do you think of this idea? I think Scenario 2 is very unlikely to happen but the chance Scenario 1 will play out is bigger than many people think.

Happy Careful trading everyone.

Komen:

Well that was an unexpected pump. I guess Amazon news had some influence. BTC broke the 50 MA very easily but let's see if BTC can break 200 day SMA and keep it as support.

Komen:

Almost forgot the 100 D sma as strong resistance. But I see the 200 D sma as the most important support to confirm a bull market.

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