Hope you have all been trading BTC, it is not quite time yet to preorder your LAMBO, but the profits have been amazing lately... And earlier today I got a text from my son...
"HOPE OUR MONEY'S IN BITCOIN LOL"
That to me says it all... mainstream media have also started reporting ON EVERY NEWS BREAK TODAY!!!
This is where things start to get wild though, we have in the not so distant future talk about Crypto becoming a regulated market... and it is a much needed overhaul to stamp out illegal activity and give crypto a cleaner image.... Although as a TRADER, I love the volatility crypto right now has to offer...and I won't deny the profits, I am already planning my next holiday!
Technical Stuff Well this I have made easy for you today... Green wave up... Red wave down. I believe it is critical to hold $11,400-11,800 to remain super bullish. My target is arounf the $30,000 mark for the NEXT HIGH as shown on my chart from 22nd JUNE 2019 (Before other traders showed similar) Also like I mentioned in the previous chart - sell the targets and long above resisance so as to not get caught if a quick drop occurred as it did again today.
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
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Not quite what I was looking for, my stop was hit at 2% loss, so not huge after all the profits, and you have to be in it to win it...
BTC so far is holding this region, Next support if this current area breaks down is $10,800
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Another thing I have just noticed is BTC is holding and bouncing from the trend line, this should hold as we complete a flat ABC correction
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BTC smashed through that trend line and has headed for next support which is $10,800 - I am not recommending BUYING yet until BTC settles currently too much sell pressure and panic in the market.
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BTCs next trendline falls at a cross support on the 0.5FIB which is the perfect retrace for a 3rd wave
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Support here to second longer term support has held and bounced nicely, I would expect a retest to this region in the coming hours
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BTC has bounced here and I would LOVE to see this hold for the psychological reason of 10K mindset and I think should we break this region going back through from the other way could prove more difficult but not impossible, I have marked the next supports here and will fully dissect this in the morning (later morning is 2am here and all my alerts went into meltdown) the parabola is not in threat of breaking in this region so there is no issues for us to move higher long term.
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.