BTC made a beautiful bounce and is now headed up towards $13k. Watch out for critical levels on the chart. Remember, we still don't know if this is the end but for now, why not ride it up to $13k? If it starts falling from there, we sell again and buy later. Rinse and repeat. This kind of stuff is a daytrader's dream. Who wants to hold when you can ride it up and down?
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Trade not active yet. Waiting for a clear signal.
Trade active:
I'm in. Let's do this.
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Like Matthew Mccounaghey says, "Nobody knows if the stock is gonna go up, down or in f*cking circles." It all comes down to ODDs and RISK/REWARD. Ask yourself this:
1. What are the odds of it going up compared to it going down?
2. Is the risk/reward to my appetite?
If those answers make you want to open a trade, go for it.
1. What are the odds of it going up compared to it going down?
2. Is the risk/reward to my appetite?
If those answers make you want to open a trade, go for it.
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All in. SL @ $8200. TP @ $10,700.
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We're definitely in the clear. Time to open more trades.
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This is a perfect uptrend. Higher highs, higher lows. Get in! Don't miss this.
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Above reference is to 15 min chart. Please do your own research and due diligence, this is not investment advice. ( But you know what I mean ;) )