The last few days have given traders a perfect opportunity to test their self-discipline. Trading is not all about executing, it is the preparation before and after you come off the charts!
Often times, we think people are poor because of their mindset or lack of hardwork.
When in fact, one major reason people are poor is because they don't have access.
Access to opportunities, funds, information etc.
Access is important.
#Ethereum struggling to break the 38.2 fib. I can see us pullback to retest $2555 as support once more before we continue our bullish drive towards the $2900 resistance
#Bitcoin and #Ethereum seem to have found support at the bottom of ascending channels
You could pessimistically call them bear flags
My longs got rekt last night. Awaiting confirmation for re-entry.
I don’t think it’s a coincidence that @elonmusk tweeted just as we got confirmation of the bullish breakout
He’s a smart man, he lost a lot of people money last night on purpose and chose a time when the most amount of people would be affected
Think we’re all looking at the same thing with #Bitcoin. Should we break bullishly from the pennant and turn it to support then my TP for longs is $52,000
Tempted to go heavy long right now but I’m sitting on my hands until the hourly candle closes. $6k in 40mins is huge. It may continue onwards or it may pullback first, the latter of which I want to make sure I miss
Capital preservation is key
#Bitcoin