Hope this helps.
Kind regards, Sean Vengan
Professional Cryptotrader & Trading Educator
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Damn, do i hope you are wrong...
Theres no entry trigger yet ( I take it your long - you could be right) - it has to break 2600. One thing to look at is the divergence between price going up and momentum going down(red line bottom of chart). That simple tehnique has made me great money in the past. But just wait for trigger dont just jump in.
Correct, long mostly because of mining though. I don't do a lot of intra-day trading due to the amount of time my work requires. Otherwise i would probably more active with the charts analysis as well. I like your posts though, will keep following you.
Thank you for your compliment. I too liked your blog post which I read with interest.
I am more of a swing and positional trader - thats where I find the most success. Day Trading is intense - although I do also.
I want to keep my posts/videos honest and unique - I think far too many new traders/traders are mislead by "fake traders" ( I caan see through them in 5 minutes in what they say) in this education area. I hope to give a fresh honest, realistic "hands on" approach.
Do you see support around $2200 ?
In all honesty I see BTC dropping but i am looking to see what structure it forms. I recommended going short but we are in an undefined structure so im observing. I am unclear if this is a pullback or a decline.
$2,250 isa good initial target if you went short ( at least run a trailing stop so you lock in some profit)