Hello dear crypto friends! The break is now imminent with grandpa Bitcoin and is gonna come either today or the next few days. The market will decide, if we go the the previous tops, or at least the previous bottom region, which gives tremendous profit opportunity for breakout traders.
The real question is: Do you even know how to play those setups? Do you e.g. know, where to trigger exactly, where to put your stop loss, where to put your target zone? => Because based on your stop loss, you have to calculate your position size. And all of this has to in place, to make you a constantly profitable trader.
Since yesterday we got even another lower High on the 4H. I'm personally going to play Bitcoin in case of a bull break, and EOS or LTC in case of a bear break.
I wish you good luck! ;)
Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
The real question is: Do you even know how to play those setups? Do you e.g. know, where to trigger exactly, where to put your stop loss, where to put your target zone? => Because based on your stop loss, you have to calculate your position size. And all of this has to in place, to make you a constantly profitable trader.
Since yesterday we got even another lower High on the 4H. I'm personally going to play Bitcoin in case of a bull break, and EOS or LTC in case of a bear break.
I wish you good luck! ;)
Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
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Edit: While I was posting, we broke the lower Highs already: BTC clearly needs to see follow through above $12k psychological guys, otherwise look for fake out/further consolidation. Volume so far is not convincing, we need to see more proof from the bulls.
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Also don't forget the bearish channel from the previous analysis: Another reason to break the $12k:
