shaxrashid

BTC - Bitcoin Forecast - SwingTrade is the new Long

COINBASE:BTCUSD   比特幣 / 美元
Well it seems that swing trades is the new long. Ive been able to catch 2 swing trades luckily but i am not going long right now
on this crypto because the sentiment has not shown any positivity yet. CBOE             had its first Futures expiry yesterday on shorts, Well that explains a lot why it was taking a nose dive and CME futures expiry is on the 26th so Yes potentially we can see a retest in the prices as long as it holds the 10,000 - 11,000 area. I have been scalping some of the cryptos like XRP
and Cardano and they have paid off well. We have to stay alert in crypto volatility as we have seen in the past and will
surely see many times again, its better to make less than to hold and pray for it to go back.
You need to jump back in on key support levels and trade the swings and get out. Yes it has the potential to go right back up
but is it really worth the risk and time? after what we have seen in the past 2 weeks. Its a 24 hour market with unlimited options to trade speculatively and technically. Personal recommendation is to do the swing trades or if u really want to hold
than you should watch the market after 2 years as its not worth watching whats happening right now.
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