BTC in Bullish Channel

Congrats if you followed my last trade idea, both of my BTC and ETH trades are going exactly what I expected.

Let's take a look at what is BTC doing right now. Clearly, it has been trading in a tide bull channel for more than 2 weeks. It is a very bullish sign to me --
1. break upper channel could accelerate the price appreciation
2. break down the channel could result in consolidation or retracement.

So far the probability favors the bull

I will keep holding my long-term investment and swing trading until I see the bearish sign.

評論:

Dont tell me you did not buy the dip....

評論:

For investor, nothing to worry about.
For trader, based on your time frame, you can wait until the reversal signal or if break the key support, you can short.