Bitcoin - 1/5/20 - First update of the New Year! Time to short?
Happy New Year Everyone! Last blog I was talking about how we are in the golden zone and we are about to try and make a jump. We took one more stab down, but we did go up almost $400, since my last post! I see us going up much more, but short term looking at a short position to play! First let's look long term and see where we are at.....
https://www.tradingview.com/x/QZM91XZj/
Looks bullish on the daily, let's see why I want to short on smaller time frames...
https://www.tradingview.com/x/0NKTYfjJ/
Clearly see 5 waves, let's look at my favorite indicator (RSI) and see my other reason for going short. Gonna use the hour time frame...
https://www.tradingview.com/x/WZPKC1an/
Where will I close my short and look to go long? The golden zone of course! This is not financial advice, this is my trading journal. Good luck and good day!
no
No? On the short term dip? Or a long term bounce?
short term dip
I'm in the green atm, just barely, but did break a resistance line so I am feeling good about it, but far from a "win" yet. Time will tell!
Good luck. Hope you get the W.
Man, you got that right, I was up 1.5%. To bad I didn’t close it. Stopped out. 😔
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Come on man