Btc update

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(Edited)

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We have seen nice movement from btc since few days now and some coin have actually gather some moments back, but as a trader looking this btc chart simply implies one thing which is bearish signal.

This is a nice breakout for those that which to short btc, we do have this type of signal all the time but before taking such trade you must get your entry level right which must be after the breakout and most importantly your stop loss.

Remember no matter how good signal or perfect your entry maybe money management is the most important aspect of trading and you must learn and know how to manage your money in every trade you want to jump in.

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This is another sol setup, get your entry level right and also your stoploss.

Remember is not a financial advise and do your own research.


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4 comments
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So we are to expect a bear market soon? How soon would you say, based on your analysis?


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As you can now based on presents market if you took the trade you have make decent profit


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As you can now based on presents market if you took the trade you have make decent profit


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Honestly? I expect BTC not to raise above 40k nor drop below 30k for quite a while. I think patterns are going to change.


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