Bitcoin (BTC) lost support at $11.4k and fell into its long-term trend channel (Figure 1), but has yet to breakout of it's downward trend.
What to expect?
Bitcoin's RSI is low and the MACD is pointing down, but has yet to signal a trend reversal. I expect the price to continue navigating through the long-term channel and continue to follow the downtrend until it reaches the support of the long-term channel.
Recommended Guidelines to Follow:
Wait for the Break Out
Open your position by following the trend
Set your target limits
** Always set your stop losses when long
I wish you MASSIVE profits on all your trades,
CryptoTA
Follow my blog --> steemit.com/@jmazo
What to expect?
Bitcoin's RSI is low and the MACD is pointing down, but has yet to signal a trend reversal. I expect the price to continue navigating through the long-term channel and continue to follow the downtrend until it reaches the support of the long-term channel.
Recommended Guidelines to Follow:
Wait for the Break Out
Open your position by following the trend
Set your target limits
** Always set your stop losses when long
I wish you MASSIVE profits on all your trades,
CryptoTA
Follow my blog --> steemit.com/@jmazo
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。