It's looking tough for the BTC/USD pair
Hi fellas,
I was stoned last Saturday afternoon and decided not to close my long position. I thought the target was 10.2k. I was wrong and now I'm waiting to see if I better closed it or keep it open.
Right now, looking at the 4 hours chart btc is having real problems (if you're long long me). The main crypto currency is facing a damm stiff resistance at the 9.3k level. If btc gets to the 50-MA (in yellow), it could be rejected and pulled down due to the bulls' exhaustion. Still, I hope the BTC/USD pair reaches the 10-MA (in red) before this moving average crosses under the 50-MA confirming the drop.
The target is there. And maybe I'm too stoned but if it holds the 9.2-9.3k level it could inspire buyers and push-up the price. Let's burn, I mean, let's wait.
Peace. Give me peace on earth. Om.
I was stoned last Saturday afternoon and decided not to close my long position. I thought the target was 10.2k. I was wrong and now I'm waiting to see if I better closed it or keep it open.
Right now, looking at the 4 hours chart btc is having real problems (if you're long long me). The main crypto currency is facing a damm stiff resistance at the 9.3k level. If btc gets to the 50-MA (in yellow), it could be rejected and pulled down due to the bulls' exhaustion. Still, I hope the BTC/USD pair reaches the 10-MA (in red) before this moving average crosses under the 50-MA confirming the drop.
The target is there. And maybe I'm too stoned but if it holds the 9.2-9.3k level it could inspire buyers and push-up the price. Let's burn, I mean, let's wait.
Peace. Give me peace on earth. Om.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.