Bitcoin WAIT where do you go??!!
Goodmorning Folks,
Greetings from the lovely Netherlands.. As I am sitting with my cup of coffee in this beautiful winning mindset analyzing the bitcoin chart..
I am thinking is boring... This consolidation and support level testing.. We want action!!! We want to go up making money!!
But first things first..
This is my favorite strategy.. I often use the 4 hour chart in combination with the daily.. Because I am a trader and I buy and sell. So I want to what the shorter future may hold for me.
Sometimes I look in to the weekly to but not often..
So what does the 4 hour chart tells me??
Well consolidation candles and prices are moving sideways.. We have tested 1st support level 5 times in the latest 24 hours..
It still holds but the more often it gets tested the greater the chances of it being broken.. See it as a door to door seller.. the more often he gets a NOOOOO!! the more likely he is closer to a YES..
Daily chart
I hope that at the end of the daily close this doji candle has hold.. This may be the first sign of a reversal.. because it is after a downtrend and is called a doji at the bottom and that's a bullish 1st signal.
It all depends on the close of the day in conjunction with what will happen tomorrow..
As I am very sorry to say but there is a great chance of a very boring day!!!
So go do some nice with your wife and children..
Follow me for more to come and stay updated...
Like the content if you do like and please feel free to comment
You want me to future one chart you are following?
Possible make sure you follow me and leave the name of the asset in a comment below!
Quote of the day
Losers visualize the penalties of failure.. While winners visualize the rewards of succes.
How do you see yourself?
Greetings from the lovely Netherlands.. As I am sitting with my cup of coffee in this beautiful winning mindset analyzing the bitcoin chart..
I am thinking is boring... This consolidation and support level testing.. We want action!!! We want to go up making money!!
But first things first..
This is my favorite strategy.. I often use the 4 hour chart in combination with the daily.. Because I am a trader and I buy and sell. So I want to what the shorter future may hold for me.
Sometimes I look in to the weekly to but not often..
So what does the 4 hour chart tells me??
Well consolidation candles and prices are moving sideways.. We have tested 1st support level 5 times in the latest 24 hours..
It still holds but the more often it gets tested the greater the chances of it being broken.. See it as a door to door seller.. the more often he gets a NOOOOO!! the more likely he is closer to a YES..
Daily chart
I hope that at the end of the daily close this doji candle has hold.. This may be the first sign of a reversal.. because it is after a downtrend and is called a doji at the bottom and that's a bullish 1st signal.
It all depends on the close of the day in conjunction with what will happen tomorrow..
As I am very sorry to say but there is a great chance of a very boring day!!!
So go do some nice with your wife and children..
Follow me for more to come and stay updated...
Like the content if you do like and please feel free to comment
You want me to future one chart you are following?
Possible make sure you follow me and leave the name of the asset in a comment below!
Quote of the day
Losers visualize the penalties of failure.. While winners visualize the rewards of succes.
How do you see yourself?
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