The climb ain't over
It hits the 618 FIB level nicely and retraced. If it goes further south towards the lower channel line and rebounds from there, it would offer the late buyers another good opportunity to buy.
Remember, it is volatile , so either have a bigger stop loss or reduce your position size accordingly. Manage your risk wisely, do not follow other authors just because they are right. They are right because they know what they are doing and it is crucial that one does not follow blindly, chase the high price and get caught.
Remember, no matter how much you read about how much people make $ in this cryptocurrency, do not get carried away. You have been warned !
Remember, it is volatile , so either have a bigger stop loss or reduce your position size accordingly. Manage your risk wisely, do not follow other authors just because they are right. They are right because they know what they are doing and it is crucial that one does not follow blindly, chase the high price and get caught.
Remember, no matter how much you read about how much people make $ in this cryptocurrency, do not get carried away. You have been warned !
Note
nice, going as planned. thank you mr marketNote
zerohedge.com/news/2017-12-30/china-launches-new-capital-controls-puts-15000-annual-cap-overseas-atm-withdrawalsCan China come to the rescue ? What triggers would it be for BTCUSD in 2018 to see its glorious day again ?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.