17d • General discussion
I’m going to sell Bitcoin @ 78505
I’m going to enter bitcoin to SELL at 78505 THIS IS NOT A SIGNAL TRADE CALL THIS IS JUST SHOWING YOU MY LIVE ACTION.
Please, please please do not copy me blindly I am trading small on bitcoin because it’s aggressive and it’s bound to move fast because of the latest news with the reopening of the strait of Hormuz.
Now this news whilst good and positive we have to be careful not to knee-jerk react and take it as it comes but not get carried away but my reasoning for selling is if you look at the weekly chart on the moving average which is the 20 moving average I’m suspecting that will hit resistance then pull back. I don’t think I will be in this trade for too long. I shall indeed keep you updated if indeed I do sell I’m just waiting and keep you updated when I exit whether that’s for a profit or a loss.
Please keep an eye on the comments and I will comment below in real time today
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I’m going to sell Bitcoin @ 78505
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