BITCOIN and STOP LISTENING TO a million opinion and stop LOSING
IMPORTANT : READ EVERYTHING
STOP listening to a million opinion and look at the chart WITHOUT a ton of indicators that will confuse you even more !!!
With all the volatility in crypto, i can bet that 99% of you guys lost money,
stop watching youtube for an informed decision,
look at the chart and thats it,
i only have the volume , 21 ema , 200 ema and 1 indicator i made myself,
i'm going to make easy for you once and for all as always,
we are in an uptrend 2 or more higher high and higher low, uptrend means we buy we don't short, except if we have a climatic move up (but this is for more advanced traders)
we did not put a newer high the last days, we had an "equal" high, forming a ascending triangle, highs dont need to be exactly the same at the penny, specially for bitcoin since its a $7000 asset,
we have a resting volume and price still going up means spreads are getting higher, people are willing to pay more to buy bitcoin,
what to do ?
trend going up, ascending triangle, in my opinion we will go up.
does it mean i will buy it right now ? NO!! i need it to break previous high first, clear all sell orders at this range, if it does and close above it, THEN and only then i will open a position with a proper stop loss, if it works tap ourself on the back if it doesn't my stop will stop me and i will look for a new entry,
it is as simple as that, stop confusing yourselves, not all trade are wining trades, stop watching a million video, missing the price changes and entering a trade blindly and losing all your money and for the love of god take your profits if you are in a winning trade,
if you want to buy and hold thats a different story, but if your trading, STOP looking to sell at top and buy the absolute bottom its a futile attempt,
subscribe for more content and like if you want constant analysis,
be safe traders
STOP listening to a million opinion and look at the chart WITHOUT a ton of indicators that will confuse you even more !!!
With all the volatility in crypto, i can bet that 99% of you guys lost money,
stop watching youtube for an informed decision,
look at the chart and thats it,
i only have the volume , 21 ema , 200 ema and 1 indicator i made myself,
i'm going to make easy for you once and for all as always,
we are in an uptrend 2 or more higher high and higher low, uptrend means we buy we don't short, except if we have a climatic move up (but this is for more advanced traders)
we did not put a newer high the last days, we had an "equal" high, forming a ascending triangle, highs dont need to be exactly the same at the penny, specially for bitcoin since its a $7000 asset,
we have a resting volume and price still going up means spreads are getting higher, people are willing to pay more to buy bitcoin,
what to do ?
trend going up, ascending triangle, in my opinion we will go up.
does it mean i will buy it right now ? NO!! i need it to break previous high first, clear all sell orders at this range, if it does and close above it, THEN and only then i will open a position with a proper stop loss, if it works tap ourself on the back if it doesn't my stop will stop me and i will look for a new entry,
it is as simple as that, stop confusing yourselves, not all trade are wining trades, stop watching a million video, missing the price changes and entering a trade blindly and losing all your money and for the love of god take your profits if you are in a winning trade,
if you want to buy and hold thats a different story, but if your trading, STOP looking to sell at top and buy the absolute bottom its a futile attempt,
subscribe for more content and like if you want constant analysis,
be safe traders