Hey Everyone! First things first, remember to LIKE & SHARE as always :)
Anywhere there is money involved emotions are highly charged as in my opinion there is dreams and goals associated with that. Both here and other social media platforms with trading ideas have a lot of negativity when charts are posted that people don't agree on. I am not here to give you a warm and fuzzy feeling, I am here to give you my opinions - I don't care if you agree with them, and if you don't. I welcome your ideas. Maybe I missed seeing something. I believe that is the purpose of sharing this information. To Learn!!!
It seems at least once a week at the moment, that BTC is reaching a point of decision as to which way to go. Right now it is sitting at the crossroads again, wondering on direction.
It is very possible with the lack of volume coming into the market BTC will see a dip to $6186 area. Or the pink long term support will hold, and BTC will continue to make HIGHER LOWS and HIGHER HIGHS heading towards Christmas. Either way, the Christmas target of $7377 still stands for now.
Factors that need to be taken into consideration for BTC to hold this region is that we are currently trading in the high volume nodes of the Visible Range Volume Profile, and unless we drop way below the $6200 range the region will bounce (we are only in this range if we break the long term trend line in Pink)
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION (minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
P-P-S huge thank you to a few people that have opened my eyes and perspective this week and have helped me on my personal journey to healing a broken heart! Huge thank you to Alan Masters I was asking myself the wrong questions. <3 If you get the opportunity stop by his page and share some love! tradingview.com/u/alanmasters/ And the other person, I just want him to be happy and conquer his demons and live the best life he possibly can! If you ever feel alone, reach out to someone, there is some amazing people in this space with BIG hearts, more than willing to help! <3
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