mrpcrypto

mrpcrypto

I was chatting in my trade group yesterday, and it was brought to my attention from my mentor that we could be seeing a rounded bottom forming. I went ahead and drew in two possibilities with different trajectories. I'm neither bullish nor bearish, instead I just listen to what the charts are telling me and long or short accordingly. Its hard not to see that...

mrpcrypto

There’s something I would like to point out to people, especially traders that are new to the cryptocurrency space. Crypto is the wild west of trading. We don’t yet have the regulations that protect traders from predatory trading practices such as artificial pump and dumps. Whales LOVE this about crypto and regularly employ tactics to stomp people out of their...

mrpcrypto

Target take profit is near 10500, stop loss inside the falling wedge OR 2% less than current entry position if you didn't buy at the breakout. Price also broke above the 100 MA with just the 200 MA above it. We need to hold this level to see it continue to rise. Breakout to the downside will likely result in bitcoin obeying the falling wedge again. I'm not...