BTC Quick Update (August 14, 2018)
From yesterday charts...
Seems like the Bears won again yesterday though the Bulls made some runs.
Remember that I highlighted yesterday to be cautious especially when I ask if the R:R is worth it for a trade.
...Reaching the T1 but failed to rally to T2 and T3 bring it lower to 5.8K Range.
Zooming out
With confluence showing that we might go down to 5.4-5.5K Range. Though we may have some bounce on 5.7K before continue going down.
So far these are the reading we are getting base on the updated given data by BTC.
Disclaimer
Heads up: This doesn't mean na perfect lahat ng mga plays nmen but what we do is lower the risk. It means kung dati HULAanalysis lang ang gamet nateng indicators, this time around we maximized all the position we took. But again it will not give 100% profit but instead, we will gain more on knowledge to be smarter trader next time around that will give us profit in a higher percentage. Know the difference between Trading and Hodl/Investing, they do have different strategies along side.
#HealthyMinds #NotAProTrader #NotYourFinancialAdviser
Feel free to upvote and follow us Filipino bros and sisters. Let's join forces, challenge each TA and build a healthy and stronger community.
Telegram for Updates: https://t.me/joinchat/GYDm4Awz-V3eSelJ9amAFw
Leave BTC Quick Update (August 14, 2018) to:
Read more #btc posts
Best Posts From henrymac
We have not curated any of henrymac's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From henrymac
- Kucion Pump (Daily Dividends)
- Ethereum Breaking and forming Head&Shoulder Pattern
- Ethereum Move, Are we late to the Party?!!!
- Bitcoin is Crashing but we are still on PROFIT (January Part 2)
- Bitcoin is Crashing but we are still on PROFIT
- Is it Time to Sell (Exit Strategy)
- LTC Count Year Ending 2020
- Starting your Crypto World - How to start in Bitcoin?!
- December Trades 2020
- My Latest Trades November 2020
- BITCOIN Best Performance Assets the last Decade
- Cryptocurrencies DIVIDEND (Let your Digital Assets Earn)
- BTC Quick Update (Sept. 5, 2018)
- My Trading Flatforms
- Long Live Philippines (Mahalin Ulet Naten ang Bansa Naten)
- BORACAY PHILIPPINES (New Boracay is Coming)
- BTC Possible Play (Cup&Handle Formation)
- BTC Quick Update (August 14, 2018)
- 1:4:6 Rule in Trading
- Quick BTC Thoughts (August 13, 2018)