Yesterday I took profit a few times, then
this morning when I woke up, I directly added more into the community again.
This market lately is basically just picking up money.
If you haven’t made a profit,
you really should reflect on yourself.
At the moment, the big BTC daily timeframe moving averages are still being pushed upward.
Because the indicators are following along,
the price has momentum.
So the price will be pushed upward by the indicators.
Right now, breaking 80000 means you can target around 82000.
Even if 80000 can’t break,
on the 4-hour timeframe, under the daily moving average push,
it could form a rising-flag pattern
and then choose to move upward again.
Overall, being long is still better.
But be a bit stealthy about it.
I don’t recommend shorting.
Because of the indicator push,
it’s not so easy to fall.
At the very least, wait until the indicators start to separate farther away before considering a short.
Or if it keeps failing to break and the indicators become dull and deformed, then consider shorting $BTC
this morning when I woke up, I directly added more into the community again.
This market lately is basically just picking up money.
If you haven’t made a profit,
you really should reflect on yourself.
At the moment, the big BTC daily timeframe moving averages are still being pushed upward.
Because the indicators are following along,
the price has momentum.
So the price will be pushed upward by the indicators.
Right now, breaking 80000 means you can target around 82000.
Even if 80000 can’t break,
on the 4-hour timeframe, under the daily moving average push,
it could form a rising-flag pattern
and then choose to move upward again.
Overall, being long is still better.
But be a bit stealthy about it.
I don’t recommend shorting.
Because of the indicator push,
it’s not so easy to fall.
At the very least, wait until the indicators start to separate farther away before considering a short.
Or if it keeps failing to break and the indicators become dull and deformed, then consider shorting $BTC
