Hello everyone.
For the present day, I think the best way to analyze BTC is on the weekly and monthly chart. Shorter times can present a lot of noise and can make the study unfeasible and cause losses.
The price of bitcoin is well drawn on the weekly chart and I really believe in the idea that I am presenting now, my trades are based solely on that idea. Input of volume, retraction and extension of fibonacci and Elliot waves, exactly as presented in the molds above.
I think it is extremely risky to go leveraged both in long and in short, because the big whales manipulate the market a lot and a sale or purchase the heavy market can burn your bankroll. This moment is to be lasting in the market, so every precaution must be taken in a delicate moment like this.
Remember that you and you alone are responsible for your gains and losses. This study is neither a sign nor a financial guideline, so please consider the risks inherent in the business and do not leverage or trade in the futures at this delicate time.
It doesn't matter if you earn 1% or 100%, good profit is profit in your pocket, little or much. It is bad to lose everything (I learned this very bitterly and I do not wish it on anyone).
Success to all!!
For the present day, I think the best way to analyze BTC is on the weekly and monthly chart. Shorter times can present a lot of noise and can make the study unfeasible and cause losses.
The price of bitcoin is well drawn on the weekly chart and I really believe in the idea that I am presenting now, my trades are based solely on that idea. Input of volume, retraction and extension of fibonacci and Elliot waves, exactly as presented in the molds above.
I think it is extremely risky to go leveraged both in long and in short, because the big whales manipulate the market a lot and a sale or purchase the heavy market can burn your bankroll. This moment is to be lasting in the market, so every precaution must be taken in a delicate moment like this.
Remember that you and you alone are responsible for your gains and losses. This study is neither a sign nor a financial guideline, so please consider the risks inherent in the business and do not leverage or trade in the futures at this delicate time.
It doesn't matter if you earn 1% or 100%, good profit is profit in your pocket, little or much. It is bad to lose everything (I learned this very bitterly and I do not wish it on anyone).
Success to all!!