Caution Ahead in the Crypto Space!
We are approaching dangerous territory. Here's what I'm watching.
The market is scaring many and many more have already stopped out. As we approach this weekend, it is unclear who will win this final battle (and I do consider it a temporary final for this short-term correction) between the bulls and the bears. We have signals and indicators that pull in both directions and traders are absolutely beside themselves, unclear as to how they should move regarding their positions. Should you sell? Should you hold? Should you buy more? Questions, questions, questions.
I can assure you that the decisions that lie ahead may be hard, but for me they are quite clear. There is simply only this ONE thing I am looking at to help me make my decision and this is it…
Keep reading with a 7-day free trial
Subscribe to Stewdamus' Chart Analysis & Trade Alerts to keep reading this post and get 7 days of free access to the full post archives.