1. This (16000) is a perfect time to buy alts and set tight stoploss (ie, stoploss will be executed if btc break 16000 resistance level). 2. If we break 16000, look for price action around 20000. Two scenarios may happen: One is we have a bullish big green candle and we pass 20000 easily. In this case we hold btc. Another possibility is we meet strong resistance at 20000, we can expect 16000 to be the new support level. 3. My own suggestion: 4 hour chart is best for getting a general sense of how you should manage your portfolio for the upcoming week.
Have a great one!
評論
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My new analysis on btc.
交易進行
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I think the market corrects again! You can visit my more recent posts!
Of course, I may be wrong. But I'd rather be safe than sorry.
Nice work bro. I'm with you. At the biggest point, BTC was selling for 17.108, thats the 24h high, but, can't say that the 16k was gone break right... not yet. When i went sleep this night i was wondering if the chinese buyers won't do a force to break the 16k but not happened.
dsp1207
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Seems to be going well so far. Check 1h and buy on a big green candle with stop loss at 16'000 a good idea?
dsp1207
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Breaking 16k resistance means when BTC moves past and to... 17k? When would you consider it broken?
someone514
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@dsp1207, we need a big green candle, and should be trading comfortably above 16000. we are not there yet, might be close, though
dsp1207
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@AlexCh, when you say trading comfortably, what x h chart would you use to determine that? Stick to 4 hour?
@AlexCh, Ok cool, thanks a lot. Hope to learn some basics from following you! Cheers from ZH
bcaztx
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Do you sale all your alts? what about the alts I want to hold longterm? Should I sell these if BTC goes crazy or sell maybe like 50%?
Thanks for your help and TA!
someone514
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@bcaztx, the pump happened during my sleep so i took a loss on my alt portfolio. (mistake on my part). If you plan on keeping them for long term, you can just hodl.
bcaztx
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@AlexCh, OR sell all and capture profits and buy in again at a lower rate?