MaxAlt

BTC $7150 Don't FOMO

COINBASE:BTCUSD   Bitcoin / U.S. Dollar

Ok, Ive been around for a few years, then again haven't we all? unless you're new to crypto in which case you might find some insight here.

Now I'm not one for superdupershowylookhowtechnicallyanaliam charts and such. I've played this game long enough, lost enough and gained enough to know enough. What you choose to follow is up to you, DYOR.

So here we are $7150, where are we going? well that depends.

Are you looking to trade by the 15, 30, 60, 240, 24, W, or Month? decided? Thats my 1st tip for you... This and other things are the real fundamentals before trading, more on this another time maybe.

Ok lets move on.

My Chart is simples, I have positions now but I'd like to focus on the 7th-8th April 2020, Why? Take a look.

Let's use the 4hr for this example. Doesn't look good, Don't FOMO, wait, $6600 at least before taking a long position, and i don't mean long into the sunset either.

Like? subscribe? Comment? feels like youtube, but not.
Comment: Excuse the mistake of $6600, I meant to write $6800.

Not financial advice, purely my own views for my own trades.
Comment: $6820 - Trade is in, Hit later than I expected so have now adjusted the trade. $7k and i will close it. Quick free lunch.
Comment: S/L at $6700, The profit made on the way up has given me plenty of room so S/L $6700 for this trade. I believe we are on the way down down down.
Comment: Trade closed with no loss. Not feeling this movement.

Comments

and stop using stoch. it has absolutely zero relevance!
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MaxAlt pipinsight
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What on earth trend lines are you drawing!? On one hand, appreciate the sales you are providing. On the other, you are proposing completely bollox info. Go and study your trend lines.
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MaxAlt pipinsight
@pipinsight, Don't worry about my lines, they are not for you.
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