Not too long ago I posted my prediction of Bitcoin rising to the 8k levels again, based on the pattern drawn on the charts. As predicted the road to 8k is one with a lot of stops, facing a lot of resistance along the way.
I have adjusted my targets slightly to 7.6-7.8K for the shorter term. I took some profits from my last trades and actually closed all of my longs I still had open. There are more and more mixed signals showing up and while I really thought (hoped) once we broke 8k we wouldn't have to look back down again for 2018, more and more traders I very much respect are now pointing to the bad looking monthly charts. So as it's looking right now the new longs I have now opened again might be flipped to shorts once we get to the 7.8 regions.
For now I have cashed out a big portion of my profits (my BitMex account is only a tiny portion of my bankroll because well..I'm very new to trading and I don't want to risk too much) and I already have found some new bags to add it to.
I have adjusted my targets slightly to 7.6-7.8K for the shorter term. I took some profits from my last trades and actually closed all of my longs I still had open. There are more and more mixed signals showing up and while I really thought (hoped) once we broke 8k we wouldn't have to look back down again for 2018, more and more traders I very much respect are now pointing to the bad looking monthly charts. So as it's looking right now the new longs I have now opened again might be flipped to shorts once we get to the 7.8 regions.
For now I have cashed out a big portion of my profits (my BitMex account is only a tiny portion of my bankroll because well..I'm very new to trading and I don't want to risk too much) and I already have found some new bags to add it to.
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.