Post
Topic
Board Trading Discussion
Re: ProEX Bitcoin price analysis , update daily in the first thread!
by
PorExchange
on 14/12/2020, 02:32:31 UTC
ProEX Bitcoin price analysis - 2020.12.13

https://upload.cc/i1/2020/12/13/DWAt5w.png

As we mentioned on the 10th, BTC has shown strong support when pull back below 17,800 (where fib 0.382 is). Right now BTC has break the previous 4hr bearish structure, and back to 19,000.

Although the 4hr candle stick is showing higher highs and higher lows, we suggest you cash out 80 % of you position when BTC reaches the previous high and wait for break through or pull back to enter your long position, or move your SL to previous low when the price is not making new highs in 4hr time frame.


https://upload.cc/i1/2020/12/13/X6taJi.jpeg


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