BTC current state - rejection at 9K

30 May 2019

My thoughts for now... not to panic as its seems to be settling down on what was expected, a correction between 8100 to 8400.
If you had patience, you would be benefiting now.... meaning to jump in at 8100 was my lowest point.
The fact that it hit 8k is unsettling.

I have my stop limit as per chart as if it goes there, thinking this point is where it will start the 30 to 40% correction like in 2017 for the bull run.

1 Haz 2019

İşlem elle kapatılmış

The fact that the daily candle closed above the red zone, gives a signal that all is still up trending. However I have moved my stop limit higher this time as there is some bearish signals. Refer to my next post.