Starting to buy bitcoin again on a possible diamond bottom
Starting to re-add to bitcoin here around 25700 in what could be the beginnings of a diamond bottom formation on the hourly charts (which is a reversal patten bottom indicator after a bear downtrend).
The larger technicals are showing a higher low on the weekly chart here still so its worth adding here and see what happens, stop loss is nice and tight at the bottom of the diamond.
Weekly nice and oversold so its worth trying to go long here imo
The larger technicals are showing a higher low on the weekly chart here still so its worth adding here and see what happens, stop loss is nice and tight at the bottom of the diamond.
Weekly nice and oversold so its worth trying to go long here imo
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.
Telegram coming soon.
Telegram coming soon.