ביטקויןמעודכן SET YOUR STOP LOSSES BEFORE MAKING A TRADE!!!
So... as we were expecting BTC made its move and made a higher high than previous high.However it is still lower than the high where we started to correct. But it gave us an idea of what btc is likely to do.
Currently we got a big pull back from the high and the descending movement seems to be getting rejected by the 50 EMA. I believe if we jump back from the 50 EMA within the next day we will make a new high ( above 13.8k). This might even happen faster then the green trend line drawn. If this does not happen, and we break in to the previous trend line(
in red) . 200 EMA may not even hold as support and we may just fall all the way down to the red bottom trend line around 8.8k(Shown in green box).
I believe we could make a small entry at this level. However just make sure you have your stop loses in place, since we also have a sell signal on the MACD aswell.
As always just a thought not an advice.
Previous analysis:
Currently we got a big pull back from the high and the descending movement seems to be getting rejected by the 50 EMA. I believe if we jump back from the 50 EMA within the next day we will make a new high ( above 13.8k). This might even happen faster then the green trend line drawn. If this does not happen, and we break in to the previous trend line(
in red) . 200 EMA may not even hold as support and we may just fall all the way down to the red bottom trend line around 8.8k(Shown in green box).
I believe we could make a small entry at this level. However just make sure you have your stop loses in place, since we also have a sell signal on the MACD aswell.
As always just a thought not an advice.
Previous analysis:
הערה
We are testing the red trend line. We need to close under it. Lets see how it plays out. If we don't close under we might rally back up
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.