BTCUSD Daily Analysis

in bitcoin •  6 years ago  (edited)

Screen Shot 2018-10-18 at 8.05.26 PM.pngToday's daily close was a bit more interesting with a red candle. Broke the inside bar pattern as there was a slight amount of volatility. Still in the trading range though. So, there's really nothing to do here aside from wait it out IMO.

Unless you are looking to short term scalp, I'd be looking for a quick long here. But, for my style, I'll wait until a breakout of this range occurs. To me, that's a strong trend signal.

Its easy to get carried away trying to margin trade this chop on high leverage in such a boring market. Stay away. Play the easy moves in alts and just take a step back from the charts. The bull market is ALOT easier to trade.



Posted from my blog with SteemPress : https://cryptoistheanswer.xopus.io/?p=50

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@btcistheanswer, you are interesting to read!