Watchlist Update 28 | BTC, ARDR, BNB | BTC short term bear flag
Good evening everyone, in this video I talk about BTC, BNB, and ARDR.
BTC is in a bearish zone right now, I would be expecting a break of this bear flag to the downside and a break of 8000 would not have much resistance to stop panic dump, which would be a killer buying opportunity. Even in today’s market, with the system I use there are reasons to stay glued to the screen! If BTC continues to consolidate and breaks up to form a higher low, we may start to see bulls return to reverse BTC again.
BNB-BTC Binance | This one caught my eye because it was soaring today in good news about Binance Chain. As of this writing I’d say entering would be a bit risky but your stop loss is clearly at the top of all those bull fractals. I expect a 50% retracement, but it’s all in the charts.
ARDR-BTC Bittrex | This one was up 10% today, I highlighted it specifically because I’ve found that setting alerts on the trendiness drawn at the end of the bull fractals for entry points has been a great strategy so far. It’s not in a zone where a break in either direction of the fractals most recently manifested would be a good strategy.
That’s all for today. Roti out!
—
This has been for educational purposes only and is not intended as financial advice.
BTC is in a bearish zone right now, I would be expecting a break of this bear flag to the downside and a break of 8000 would not have much resistance to stop panic dump, which would be a killer buying opportunity. Even in today’s market, with the system I use there are reasons to stay glued to the screen! If BTC continues to consolidate and breaks up to form a higher low, we may start to see bulls return to reverse BTC again.
BNB-BTC Binance | This one caught my eye because it was soaring today in good news about Binance Chain. As of this writing I’d say entering would be a bit risky but your stop loss is clearly at the top of all those bull fractals. I expect a 50% retracement, but it’s all in the charts.
ARDR-BTC Bittrex | This one was up 10% today, I highlighted it specifically because I’ve found that setting alerts on the trendiness drawn at the end of the bull fractals for entry points has been a great strategy so far. It’s not in a zone where a break in either direction of the fractals most recently manifested would be a good strategy.
That’s all for today. Roti out!
—
This has been for educational purposes only and is not intended as financial advice.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.