BTC 9500?.AGAIN AND AGAIN?
by CryptoPatterns
So if you entered on the BTC trade strategy we shared in early January you are up nearly 30% on your position.
Is that enough profit or are you still in ?when moon?? mode that has you hodling for $15,000 $20,000 and beyond.
This is why trading is as much following your plan, having clear position (and greed) management and defining your trades, as it is the asset price at any given moment.
Charts below show you where we are now ? all signs indicate that $9500 was and continues to be the ?line in the sand? and unless we see something explosive here soon, we?ll be testing this level for awhile ?unless we fall too far below it that is?.
ALTCOINS
The top 10 altcoins have been bullish since our last post overall. That?s a good sign for the crypto market. However, indicators are overbought so caution in new trades and smart position management is your highest probability to keep your hard earned profits.
BOTTOM LINE – Edge is still slightly bullish but short and intermediate term positions should watch key levels very closely and manage according to your trading plan! This is not a wildly bullish market at this time!
