Short correction and pullback, depending on how much the pull back will be we can either pull back to previous trend line, and bounce to continue up. Or break out of the current trend line and continue up.
if the bottom trend line breaks we can enter bear market. Doubt that will happen though because lots of noobs trading. Hopefully Institutions will short the fuck out of the market and depress it. Because at this point its way over extended.
How do we trade this?
If you have not yet covered your long you will want to close long trades
If you are short you will want to stay short until you have confirmation of BTC going higher. (EX over $17,171)
If you want to short you can short under $15,500
STOP LOSS $1,000 - $16,500
Risk $1,000
Reward $1-2-3-4k????
Have fun traders!
if the bottom trend line breaks we can enter bear market. Doubt that will happen though because lots of noobs trading. Hopefully Institutions will short the fuck out of the market and depress it. Because at this point its way over extended.
How do we trade this?
If you have not yet covered your long you will want to close long trades
If you are short you will want to stay short until you have confirmation of BTC going higher. (EX over $17,171)
If you want to short you can short under $15,500
STOP LOSS $1,000 - $16,500
Risk $1,000
Reward $1-2-3-4k????
Have fun traders!
Dagangan aktif
Short Was Taken @ $15,400Dagangan ditutup: hentian tercapai
Close Trade @ 
13KDagangan aktif
Long @ 13KDagangan aktif
Target $15,500Nota
Partial Should Have done the rest of the shares @ $17,200 -20k+Dagangan ditutup: sasaran tercapai
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.
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.