BTC is driving me nuts

23 Sep 2018

BTC has been in the triangle since February and now it's getting tight, which is driving me crazy. there is no clear direction for it right now and this is why beginners shouldn't trade in a tight trading range. we broke out of bear flag so a retest of upper line of triangle is likely, so we're headed to 7200 to 7000$ right now. at the same time I expect ETH to hit it's 50 ema around 280$. i would personally trade on ETH because its more volatile nature and it's bigger profits. Breakout of the triangle will give us better price action of the future, but it's more probable that we go down, direction doesn't matter, either way there is money. on the other hand as you already know there was a big move on XRP that lead to a new uptrend. sometimes one crypto becomes leader, and the other follow it so I wouldn't surprise if i wake up and see a big fucking green candle breaking above this boring triangle, that's why im long now but ill highen up my stop loss with every tick going up so not to exit with loss,I've paid a big price to learn not to be greedy. Good luck trading! ;)