Position QHF 17.10.2018
After a short squeeze on the "tether is scam" news, the market began to stabilize.
The current situation with BTC indicates the formation of a possible (local) triangle model, out of which both up and down is possible to exit.
The boundaries of the midterm model of a larger triangle still remain relevant, as well as the logical development of the situation with the future price increases and the breakthrough up or down.
We are skeptical about a possible catastrophic sale down to the new minimum of 5750, because for the long period each negative event draws the rising minimums ..
We agree, not everyone is able to make money now. However, if you remove all info-noise and concentrate on simple and clear models, with constant risk / reward values, you can find the way.
The current situation with BTC indicates the formation of a possible (local) triangle model, out of which both up and down is possible to exit.
The boundaries of the midterm model of a larger triangle still remain relevant, as well as the logical development of the situation with the future price increases and the breakthrough up or down.
We are skeptical about a possible catastrophic sale down to the new minimum of 5750, because for the long period each negative event draws the rising minimums ..
We agree, not everyone is able to make money now. However, if you remove all info-noise and concentrate on simple and clear models, with constant risk / reward values, you can find the way.
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