How to be prepared in case of manipulation movement? Tips!!!
In this mini-class, I want to discuss the H4 and H1 and Daily timeframe on the BItcoin price using the BItcoin as example of the manipulation. That is simulated and experimental what will be happing in case that doesn't have a bullish movement and bears take the domain again.
tradingview.com/x/DBiWewzH/
Look in the H4, we could see a formation of bearish rising wedge , but yesterday we see a simetric triangle that I still in this example
But, now looking in H1 timeframe, the price make a little correction until the $11,020 USD, but in cases that Bitcoin go to the $11,100 USD, in that exact point, we need to stay alert in case that we will have a bearish candlestick group. So, in case that was a bearish candlestick , the price action is goes to speak us that we need to sell Bitcoin if the demand is weakness!!! Because as the demadn is weakness, we could see a deep correction until the $10,638 USD, and that is a perfect target to put in short position in BItocin in case, but our position is still bullish until we not look and be cautelous in that zone that I talk.
tradingview.com/x/DBiWewzH/
Right now, lookin the Daily, we see a bull trend, but in cases that Bitcoin doesn't make support above of $11,100 USD and starting to show a bearish candlestik, is an huge alert to closed up our long positio nand then, pick up our money in profit, that we are in crypto in LTC. ETH and BTC .
So, guys, this is my class to knowing how to be prepared for in cases of manipulation movmeent, I invite below to look an example of manipulation when we are in the up-trend in the example of simetric tirnagle and later in some hours formed a bearis rising wedge .
That two examples I explain why we need to be prepared in two side in cases that
Bitcoin make in the next hours possible manipulation to identification
Well, guys, this is an tutorial to learn how to make trading in
Bitcoin and be prepared of market's manipulation
If you like it my idea, please support this idea in your analysis!!!
Tips:
1.
Always look the price action
2. Be prepared when there will be possibles formation that you not see, always mark lines formation,
support and resistance formation and more!!! Be creative
3. If in cases that we dont see a reversal of the trend, was a fake alarm and we continue with security our trend
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