Gilbert0967

market proves us wrong, then follow the price, short, and manage the risk. Hope someone buy the put option of coinbase,hh.

We have occur one stop loss today, as price going down, for the safety first principle, we accept the loss, as we always say, manage the risk, no matter how confidence we are, we will be wrong one day and always be prepare for that. However, after the strong sell red candle, we see another green solid buying candle immediately cover the previous one, indicating that there is still buying power exists, and since the price still above the 50%, we hold our belief of the long direction until market proves us wrong. Setting the stop at 64600, approximately 2.5% of the current price, so calculate your own risk and position amount according to your risk management level. First profit take lies on 77600, risk/reward ratio at 1:7.5. Good luck.

Two things need to happen. First continuously tiny volume to signify that the selling power if gone. Second, a group of straight, up, solid, green candles need to appear after the first signal to demonstrate the buying power can easily drive the market up. Manage the risk and good luck.

we have buying some volume comes from the bottom, so far looks good, not decline below the 50% yet, still have some selling forces. Looking for the second low volume test at bottom, good luck and manage the risk;

if it keep find buying volumn on the 50%, the periodic down might be institutional shakeout, be alert and watch the risk and good luck;

Warning sign for bitcoin, reaching the top resistance, no signal for buying volumn yet, do not long, stay alert, slightly short, management the risk, good luck.