Is this... a channel???
BTC really gave us everything the last couple month. We had breakouts, breakdowns, we are in a channel, and in this channel we even had a triangle/wedge with an breakdown.
It was an spectacular up, down, up, down, up, down, up, and next should be a down. If the channel is still good. we are on the way down already, so one could wait for a little pullback and then take a swing.
Aaaaand what do we have right now? A little pullback =)
I will enter a small position and if everything goes as expected, this position will grow bigger till we reach the bottom of that channel.
It was an spectacular up, down, up, down, up, down, up, and next should be a down. If the channel is still good. we are on the way down already, so one could wait for a little pullback and then take a swing.
Aaaaand what do we have right now? A little pullback =)
I will enter a small position and if everything goes as expected, this position will grow bigger till we reach the bottom of that channel.
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looks like the support was too strong...
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Free Trading Education:
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.