As I discussed in my last post, BTC dropped below the primary target I gave and now touched the upper bottom of a recent trading box. On 1st-of JAN I had a short-term buy signal. I warned about the possible bounce and drop, and for now, the short-term buy signal is over. We have a clear sell signal now and we need to wait for a clear and longer-term buy signal. As per moment, BTC is still inside of the boundaries of the secular bull price channel and not too much to do just twiddle our hands. As per moment the way of BTC is still down and the next target is 8921 (lower edge of a recent trading box)
by sell signal do you mean its a good idea to sell, or just don't buy.
SVTPremium
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@cycler, Hi, thanks for your comment. As long as BTC is inside of its secular bull channel, sell signal is just to take profit or sit aside. In my and my reader's case our PPA is around USDBTC 2200, so just don't buy.