Basil13
Long

BTC - Back to Basics.

POLONIEX:BTCUSDT   Bitcoin / Tether USD
187 3 2
Two Lines And an ichimoku Cloud .

There is No Need for 7984 support and resistance zones scattered across a chart with indicators covering candlesticks like silly string. Nor is there need for complex Bat patterns, Adverse Fibonacci Retracements which resemble the head of a Triceratops, or Logical Hexagons. This over complicates things and all too often you can forget the Big picture, Get lost in the noise, and before you know it the market has moved 40% Until Bullish Sentiment returns.

BTC             Goes up and down; HODL to new highs, Trade the Volatility or get into Premium Bonds

Happy Trading
Kommentar: Scale the chart down on the R/H side, Enjoy :)
Trade ist aktiv: Traffic light trading strategy on BTC. 3D Candlesticks, 3 colors, lets see what happens.

Trade geschlossen: Ziel wurde erreicht: Leg up completed on Traffic light chart. Loading Capitulation stage of market cycle here. check my latest post Fractal dump sticks - the result of bart for some targets.

Kommentar:
Do you resell @ next traffic light or do we hit a roundabout?
Antworten
Basil13 RuiPengFang
@RuiPengFang, Id be looking at taking some profit on the red line, Reloading on orange if the trend holds. the targets are still relevant to support/resistance & Fib as you can see by the figures.
+1 Antworten
Feedback Appreciated on Current Bias;
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