Sadovoy_Trade

BTCUSD The market is losing activity

BITFINEX:BTCUSD   Bitcoin
The market is losing activity, the price falls for almost a year without a normal rebound, we can say that there is no one to shave, everyone has shaved everyone. The price approached the descending line lines, breakdown and fixing above the downward trend line, perhaps we will see a good rebound, which attracts new money to the market. If there will be a good rebound - this does not mean that the bear trend is over.
Comment:
BTC: The ascending triangle.

Bitcoin drew an ascending triangle, + 4 touches of the descending line of the trend. If you look at the book, there is almost all 100%that the price will go up. If not according to the book, now a bearish trend, in such cases, figures rarely work as it should.

He also looked at many other ideas, mostly wait for the exit, the market works against the majority.
I would rate 50/50 where the price will go. If you buy cue ball, then a small % of the deposit.


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