Waiting for BTC/USD trend reversal confirmation patiently
Quick update:
Not a piece of financial advice.
The observational market trend suggests a strengthening reversal, but the microeconomics counters the thesis for a BTC/USD pair bottom confirmation.
Those who got into the bottom around 18.3k level had a greater risk/reward scenario given the RSI/Stoch & BB leveling but faint confirmations.
Wisely waiting for a strong signal confirmation to rely on a trend reversal. No rush here as the market may pick up a haywire move should there be any undesirable news/events (hopefully good news here).
Not a piece of financial advice.
The observational market trend suggests a strengthening reversal, but the microeconomics counters the thesis for a BTC/USD pair bottom confirmation.
Those who got into the bottom around 18.3k level had a greater risk/reward scenario given the RSI/Stoch & BB leveling but faint confirmations.
Wisely waiting for a strong signal confirmation to rely on a trend reversal. No rush here as the market may pick up a haywire move should there be any undesirable news/events (hopefully good news here).
Join our Bitcoin community at coresats.com/. Interested to ride on "Bitcoin" indicator and strategy that avoids emotions and helps focus on chart patterns and returns? You got it. Let's thrive together!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Join our Bitcoin community at coresats.com/. Interested to ride on "Bitcoin" indicator and strategy that avoids emotions and helps focus on chart patterns and returns? You got it. Let's thrive together!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.