BTC - It's hard to ignore the downside potential

26 thg 11, 2019

We've got a nice oversold bounce playing out now that the 'lil-pump' from $ 7- 10K has been completely faded (and-then-some).

Bulls are looking to hold a higher low anywhere above ~$6500 and then break ~$7400 to start changing some trends on the 1-24 hour timeframes (from bear to bull).
My concern (for bulls) is we have so much space between the monthly lows (~3400s) and here... why not continue bleeding down?

I like pain. Holding knives blade-first..etc..

So I've scheduled a buy program via my trading app. Currently up to 4 positions can be added daily while the 15min RSI is below 50. Mental stops below $6500. I'll be interested to see if bulls can stop the bleeding.

27 thg 11, 2019

Ghi chú

Got some trend changes going here in favor of bulls. We have progress. Buy program still active.