Bullish tendencies - but still a daytrading type of market!
What's up guys,
So
BTCUSD
had a nice little correction last night which gave the opportunity for those who missed the first leg to $8260 to get in at sub-$8000.
Like I said in yesterday's analysis, we could (and should) see higher prices before we get a bigger correction and resume the bear-trend.
I will not go swing-long before we break and confirm the descending trendline from december on log chart. I will however trade this bullish move up to $8.5-8.6k :)
So
BTCUSD
had a nice little correction last night which gave the opportunity for those who missed the first leg to $8260 to get in at sub-$8000. Like I said in yesterday's analysis, we could (and should) see higher prices before we get a bigger correction and resume the bear-trend.
I will not go swing-long before we break and confirm the descending trendline from december on log chart. I will however trade this bullish move up to $8.5-8.6k :)
Be tolerant with others and strict with yourself.
- Marcus Aurelius
- Marcus Aurelius