Day Trader’s Weekend Aftermarket Lounge 22-24 Nov 2019, page-35

  1. 3,625 Posts.
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    BTC USD bitcoin . It is not too oversold on the weekly chart yet. Could use a bit more- within the weekly timeframe. (Being myself not in bitcoin, I don't mind it going down) I think the more it plunges here the better, as oversold territory is critical for a new sustained rise . And afterwards we want to see buying while the price is still low . Bitcoin charts are among the hardest to read - maybe because of the volatility. The bigger time frames are a bit easier to read on Bitcoin I find.

    I hold DCC , but last I checked , I felt confident with the chart . Better check it again.
    Last edited by Lambrae: 22/11/19
 
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