Cautious BTCUSD - Watching for a pullback
On 1hour chart, Head and Shoulders pattern negated (false signal) however, 1hour stochastic RSI extended, MACD showing little bullish momentum.
TRADE: Set loose stop loss, walking up with BTC
Alternative Trade: Begin scaling into alternative crypto currencies
Follow at your own risk, Not a financial adviser, understand the risks associated with trading and investing. Manage your own Risk - in other words you could lose it all and I could give a fuck.
I guess BTC will go down from now one. It has hit its maturity stage
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
well no in trading, nothing goes straight up or straight down, there will always be profit takers. BTC is also subjected to fluctuations in the USD. Pull back could be small or steep before next leg, but near term for the chart to stay healthy a pullback and consolidation is required. Thanks for your comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
bitcoin is still in the infant state if you wanna compare it to mature or not.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Highly recommend you to check upon Sia Cryptocurrency. Basically, the company is creating a huge platform for decentralized private storage clouds. Definitely worth of spending some time on research about it. Constantly growing... http://sia.tech/ Keep it up! Thanks for your post.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I trade charts only, only fundamental understanding of a crypto i see is, what does it do -- this allows me to determine if it is a pump and dump or not
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit