BTCUSD Let's get some perspective at the beginning of this week
In this video, I'll take a look at the different time frames from the weekly to the 1h charts to review and understand the possibilities that are ahead of us.
When you read my charts in the 4h and 1h, you need to understand where it comes from and also that alternatives are totally accounted for. In other words, if my charts show 5,920 as a support for now and that in few weeks, bitcoin breaks lower, first I would not be surprised, second, my capital will not be hurt and the charts will be adjusted.
Again, I repeat that I see the chart analyst to the trader as the co-pilot to the pilot in WRC. The co-pilot studies the terrain and proposes his best option, and the pilot drives but if circumstances changes like rain, mechanical anomaly, the pilot adjusts his driving and consult the co-pilot for alternatives that are already known.
Trade safe, take care
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 29/04/2018-05/05/2018, I propose BCHUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
When you read my charts in the 4h and 1h, you need to understand where it comes from and also that alternatives are totally accounted for. In other words, if my charts show 5,920 as a support for now and that in few weeks, bitcoin breaks lower, first I would not be surprised, second, my capital will not be hurt and the charts will be adjusted.
Again, I repeat that I see the chart analyst to the trader as the co-pilot to the pilot in WRC. The co-pilot studies the terrain and proposes his best option, and the pilot drives but if circumstances changes like rain, mechanical anomaly, the pilot adjusts his driving and consult the co-pilot for alternatives that are already known.
Trade safe, take care
Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 29/04/2018-05/05/2018, I propose BCHUSD
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
