Sive Morten
Special Consultant to the FPA
- Messages
- 18,564
Hi Sive-
Thanks for the analysis.
I noticed that your focus is on when to long BTC, what about areas where to short it.
I mean do you think that there are some areas that we can focus on to go short (short term bounce) or you think it’s more likely that we continue the drop from here.
I would like to share with you this view and get your feedback
https://www.tradingview.com/x/nV7OTwdb/
Thx again
Hi Ahmed,
well, this is not quite so, because month ago, when we've talked about first bearish signs - we discussed possibility to go short.
Here I do not mention chances to go long, I just say that it is not time yet to go long , since we anticipate deeper action.
Sometimes we show good setups on intraday charts, when we see it, but this Monday there was nothing valuable. Besides, our analysis here mostly is based on daily chart and we make it once per week, so, intraday scale is too small. So, we're mostly focused on direction and precise levels, but how and when to take position, if chances will come in the middle of the week - stands upon the trader
As you can see - your analysis has worked nice. So, no problems with it.