Bitcoin BTC - Jan 31 Technical Analysis Afternoon Update - Mixed Signals

in #bitcoin7 years ago

Bitcoin Giving Mixed Signals. Let's Take a look at both Bear and Bull Scenarios

The daily RSI reaches a critical support range that must hold, otherwise we may face a $9,300 scenario.

Here is my bull scenario.

Here is my bearish scenario.


Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Please consider these videos:

Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Tutorial Part 15 Automatic Stop Sell/Buy Executions

Twitter - https://twitter.com/PhilakoneCrypto
Youtube - https://www.youtube.com/user/philakone1

If you enjoyed this video, please like, subscribe, follow, share, upvote, or donate to Luna!

Luna's personal bitfinex account:

BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
Bitcoin Cash: 1AY2FPANCe5URB71Nvy6tkCgoTS8iHgmZD

The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.

DISCLAIMER:

Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.

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Thanks for the update on your view.

@philakonecrypto can you please answer to my comment and provide a brief background of yourself so that I can add you tomorrow? My comment

Hello and thank you kindly for considering me. I've replied to your comment and please feel free to contact me anytime for further questions. Looking forward to improving the community.

Is Luna drinking beer?!.. :)

She prefers vodka!

I dig how you have take the emotion out of trading a bear market but keep it serious at the same time. Thank Philakone!

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.youtube.com/channel/UCeu9yMweVfTCftF9gvnuGeA

finally i recovered my steemit account and now i can stalk (and upvote) you even more, not just twitter and yt ;D

thanks for your precious time!

I'd like to buy you a beer but you say that you trade for 16 hours each day and don't go out with your mates.... ;-)

where do you go to short bitcoin?
Thanks philakone!

Thanks mate. I've donated to your LTC Lunar/beer fund. Please go out with your mates and drink it!!! 16 hours is too long every day..... ;-)

Thanks for your time and your interest in safe trading for your readers! As for me, the information here is very clear and i'm going to try it. By the way, if you are interested in some projects, you don't have to invest in, check this link https://safetrading.today/ and learn about my sad experience.