There goes Bitcoin. Decent Risk:Reward Trades Everywhere

in #bitcoin6 years ago

4DCE40DE-8358-4827-86D5-E9226316876B.jpeg




Hey guys,

So we’ve been talking about which way you’re playing Bitcoin:

Reveal spoiler

BTC/USD Daily

76617CF6-0357-41FB-8648-343DA5083EB1.png

Look at the way that the short term resistance level is rejecting price each time, but all the while higher time frame support is holding beautifully.

And there it goes today:

BTC/USD Hourly

55FD60D8-534E-439F-BDA1-5F744834217B.png

Just keep playing that range. There’s decent risk:reward trades everywhere you look.

Have a great weekend!

✌🏻.




@forexbrokr | Steemit Blog

Market Analyst and Forex Broker.

lion-header-blue.jpg

Twitter: @forexbrokr
Instagram: @forexbrokr

Leave a comment to chat about forex and crypto trading mentorship.

Sort:  

What's your thoughts on hodling - do you see BTC mooning sometime the next few years?

The trend might still continue, there are pretty big buy walls out there.
Cheers! ✌