Watchlist Update 29 | BTC consecutive bear flags, BNB triangles
To the Steemit community: Thanks for stumbling upon my page, perhaps you're here from the Tradingview or Discord community, or maybe you found me on Twitter. Either way I'm stoked to be a part of the New Economy. This is my first article on here but it's not a proper introduction. I'll make a better one for that specific purpose in the future. I figured the best thing a new community member could do is to dive right in and add value, so I'm publishing my Tradingview ideas over here on Steemit as well :D
I am sure I'm not the only one to try this, but how do we go about embedding videos from Tradingview over to Steemit?
The video link from today's watchlist is as follows, but I'm unsure about how to embed it directly:
https://s3.amazonaws.com/tradingview-vid/l/lBEEeyEMXKhpaDu1.mp4
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Good evening, folks! Roti speaking. Today I’m seeing multiple stair-stepping bear flags on BTC running on bad news from Google . No more crypto ads? C’mon Big Brother, can’t you play nice? And during tax season, too. Rubbing salt in our wounds.
Anyway, watch out for the bear flags. BTC is looking oversold but also weak, it may fall towards the low 6000s before getting a good bounce. This is why I’m mainly playing BTC -9.66% , it is more predictable than most of the alts and I’m not here to gamble.
As I’ve laid out in the video, BNB-BTC may be a good bull play, but as always with this system, keep your stops tight! What was almost a bull flag ascending triangle became a symmetrical triangle, and it's testing a bearish breakdown. entry points are discussed in the video. If you’re just entering a trade, just place your stop in an area where you see plenty of bear fractals bouncing to form a resistance area (support prior to a breakdown, and vice versa).
That’s all for today, I’ve got a lot on my plate nowadays. Roti out.
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This has been for educational purposes only and is not intended as financial advice.