We all made profits today down and up. so we might get a bounce from here now. i would not try to short it. enjoy good luck and stay in the green. follow and like so you stay updated of this trade. and not to forget , when is stream. bless
הערה
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moved my stop a bit lower.
הערה
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its the original support.
הערה
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stopd out. btc is pushing down.
הערה
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iwe broke the support, so there is room to go lower . if we dont close above again. or btc doing normal, then we might go lower. then i will take shorts
Should we be concerned about the H&S pattern forming on 1h and 4h. PS: im a newbie. Ty for sharing your TA's.
cryptobuku
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@welcometonublin, hi if bitcoin keeps pushing all is good. tp wil be hit around 3 clock am 4.20
carmen88
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@welcometonublin, yes you should . btc is forming a bear flag that mean it will drop and btt will fallow and complete the H&S plus we are trading in a classic descending triangle we have 2 bearish pattern . Im not sure why everyone is bullish on btt it looks horrible . Hope Im wrong ,not financial advice just my opinion
cryptobuku
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@carmen88, true it's very bearish because of the influence of bitcoin. i only buy it if i see structure break to the upside. you canhave the best strategy and it might not play out. manage risk is the game. and btt and win bounced multiple times from this spot. i am only taking shorts if the biggest level break. beside that its long for me.
thanks for the feedback.
cryptobuku
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@cryptobuku, and there is a reason why people only short after the last level to break. becasue the direction is confirmed. other then that taking shorts at this level is murder.
cryptobuku
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was stoped out of win but got back in.
these are my targets