Alright everyone so as per the last analysis we have finally got a small bounce to stop the blood with a $500 green candle on the hourly. Short term play here could be an inverse head and shoulders patter + we have the bullish divergence on the rim quite clearly.
Heres my play
Buying here at a price of $4,585 and stop loss at $4,295.
Target $5,600.
Risk /...
Hi all!
I hope everyone is holding together and not panicking right now. I know its hard, trust me it's been a hard week for everyone. We have to keep learning, building and pushing forward though. BTC and block chain tech is here to stay and this is all part of the cycle. So, here's my view on BTC for the short term and for the next year or so. I have a couple...
This is my analysis. Please do not base ANY trades off this or take it as advice. If you have any thoughts on agreeing or disagreeing please let me know I'd love to hear you out!
At the time of writing this we have seen more than a 5% decline in the price of BTC and the total market cap has taken a massive hit. Here is what I see as a potential play and why I...