Trading

Bitcoin - whales are accumulating!

Hello, everyone!

Yesterday was unsuccessful long signal with the Demand Zone 1. It was broken down. Now I am sure that we have to see true divergence for the trade confirmation. The lesson is accomplished!

What is next? The price tested Demand Zone 2. Just Demand Zone test signal for me is not enough to execute trade anymore, but if we take a look at the Pifagor MFI, whales bought a lot of Bitcoins in this dip. We can see the green strong long signal, anytime this signal leads to price bounce or the trend reverse from the downtrend to the uptrend. I want to try again to buy Bitcoin now with the stop-loss below the Demand Zone 2 ($46300). Newbies usually give up, but professional traders just try again with their trading strategy. remember about it!

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