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RE: Daily Candles: Bitcoin buy points

in #bitcoin • 7 years ago

100MA worked actually very well as a support, since all daily candles CLOSED above. Anyway very good post. Shorting can be profitable, but one of the most important rule in trading is that you do not go against the trend.

7 years ago in #bitcoin by
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     7 years ago 

    yea I'd agree with that, and in the long term I still see us as in a bull trend, you agree?

    I'd probably want to see us belong my bottom trend line and the 50D MA below the 100D MA before I start shorting, and even then I think I'd be more likely just to sit out

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