Adam_Polinak

BTCUSD: Looks like a Bull Flag 1h

Adam_Polinak Uppdaterad   
COINBASE:BTCUSD   Bitcoin
^
Kommentera:
Looks like its set up to go for resistance around 11.2K... not sure if I will sell then and try to buy back in a bit lower after a small correction or just continue to HODL. This is because at that point RSIs may be signaling overbought on the lower time frames

Kommentera:
Should have checked RSI before I posted .. it may still play out but I am neutral for the immediate term. see bigger trendline down on RSI than the flag

Kommentera:
My idea (although not trading advice and its risky to get shaken out) but it is to sell at 11.2K and buy back in at 10.5K. May end up being a paper trade since I am so bullish in the mid to long term

Kommentera:
zold

Kommentera:
I want more SATs!
Kommentera:
Now I just sold a quarter of my position that I trade with occassionally but will never touch 3/4 of my position for the foreseeable future
Kommentera:
Still fairly confident here about a small correction. 4h RSI trendline vs price below

Kommentera:
Looking for it to form the handle soon of the cup as it breaks out of the ascending channel (bearish when it breaks)

Kommentera:
zoomed out cup and handle

Kommentera:
back in here guys selling makes me realize how bullish I am ! neutral here could go up or down
Kommentera:
Well thats what happens when you stare at charts for hours you end up trading too often. Back to HODLING this bull run and not selling until I believe a 30% or more correction is coming. I believe comparable money will come from HODLING compared to day trading over the next 1-2 years. I know some people must day trade to pay bills etc, I am lucky enough to be able to HODL without needing income from it on a daily basis
Kommentera:
now time to enjoy saturday see you guys tonight or tomorrow morning with another update
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.