Hello everyone
Lets have a look at BTC/USD chart from bitfinnex:
Here we have 1 week candles. Looking good and very optimistic. Posible 2 ways:
12k$ price will be very important area. A lot of people's will be propably closing their long positions near that price and its the point where we had a big "fight" before like 3 times. I always trying to remember prices where the market cannot decide about the way. Points like this will show where we going and how strong btc is.
Often first 1h/2h/4h/or even a day candle after that can be a fake market move. So remember about stop loss but not to close "fighting price".
Fake moves in crypto and others instruments are very popular and getting more famous last time;)
I hope there will be one more selling week and then buyers will hit with huge power and we will atack new Ath.
Remember that a lot people's bought around 6.5-7k if market let them sell and price still will be around 8k-9k-10k. They will rebuy or again open long positions and that can give huge price grow.
More investors more fun.
To earning as a trader You be better then others traders. Enjoy that game, train and trade by trade gain experience. Dont try to think about money try just to make goods trades and treat money like a background.
Nice day!:)
