ARE We looking for a continues Downward Movement or Bounce UP???

26 feb 2020

In my previous TA about the End of the Bearish Market creating the Cup and Handle pattern to confirm the Bullish Trend, yes the C&H still in progress.

To update everyone. Here is the continuation of my Technical Analysis for 1D Chart.

First, I encourage everyone to DYOR if you want to Trade for LONG and support my Analysis. Better understand the Market Trends.

AS we can see in 2 days time the Market becomes Bearish 10000$ down to almost 9k.

but... are we expecting for a bounce @ the Strong Resistance of 9050$?
Remember Ichimoku Cloud still below the Price Action stand as Support.

If Bounce closing @ 1D chart we are expecting for a upward movement
but if not Are we looking for the CME GAP to be filled?

If we go Long best Buy Zone are 9000 - 9100 area
If we go Short best Sell Zone are 9050 - 8950 area

Remember:

1. Trade with a Plan
2. DYOR
3. Make your own Analysis
4. Do Make Capital Control Management - do not put all your capital
5. Have a Risk Control Management - set STOP LOSS during Trades minimizing your losses
6. Trade Wisely & Emotionless

SET CAPITAL MANAGEMENT @ 10-20% OF THE CAPITAL ONLY
STOP LOSS @ 30 - 50% losses

Put TRAILING STOP and adjust from time to time to secure gains.

This is my TA if you support and want to use it on Trade kindly have you own research first.

Thanks for reading.

GOD BLESS!

:D BITCOINORAGONCOACH

PS: Kindly hit LIKE if you support and agree with my idea it's a form of thanks to me, encouraging me to have more TA and do more well in the next.
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