Thirsty Bullish Divergence
This thirst for an upward move from a Bullish Divergence on the RSI has yet to be quenched.
Target: The upper line of this humongous Bull Flag, possibly meeting resistance at the 112K to $12,400 level.
Bitcoin may always choose to go the other way and break the lower line of the Bull Flag so always always remember to place your stops at the appropriate levels.
Do not get wrecked!
And if you missed selling your BTC position, you'll never lose money if you don't sell and just HODL.
This BTC market will always bounce back up because we still have long long way to go upwards.
Happy Trading Everyone!
Ron
Here's my long term view of where Bitcoin may potentially go.
Disclaimer: This is not trading advice. I do not give sell or buy positions. Do your own due diligence and research.
My views are only my own and are for educational and entertainment purposes only.
Target: The upper line of this humongous Bull Flag, possibly meeting resistance at the 112K to $12,400 level.
Bitcoin may always choose to go the other way and break the lower line of the Bull Flag so always always remember to place your stops at the appropriate levels.
Do not get wrecked!
And if you missed selling your BTC position, you'll never lose money if you don't sell and just HODL.
This BTC market will always bounce back up because we still have long long way to go upwards.
Happy Trading Everyone!
Ron
Here's my long term view of where Bitcoin may potentially go.
Disclaimer: This is not trading advice. I do not give sell or buy positions. Do your own due diligence and research.
My views are only my own and are for educational and entertainment purposes only.
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