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I'm seeing a fractal of the previous bottom trading range in mid October. I.M.O. we revisit under 1k before we moon for real.
All momentum indicators are oversold.
All momentum indicators are oversold.
Comment:
Duh yeah I meant over bought. Looks like cup & handle forming, buy target is 775-800.
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I think you meant overbought, lol. This is how I see what is going on: https://www.yours.org/content/bitcoin--btc--vs-bitcoin-cash--bch----why-the-traders--and-everyone-e-1079d2553f4a
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@astrologychick, ha yeah I was in a hurry when I wrote this post lol. I was actually the first one that bought your article. Interesting perspective. Using a portion of my holding to play your theory.
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@KingMR, Thanks! Let me know how it goes. I think use a small portion is a smart strategy. Even I have trouble trusting that intuition 100% and will only let a percentage ride. I am not trying to be a gambler, but whoa! What a ride, lol.
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