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bioharz
Dec 5, 2017 6:32 PM

BTC - NO trading zone / Tom DeMark Indicator 

Bitcoin / U.S. dollarBitstamp

Description

Yellow lines: We are in a NO TRADING zone.
Wait until the market takes a decision.

Af we break the break the yellow line with a full daily candle or 12000USD, we should have 7 days of upside...
Daily:



Be aware, weekly and monthly looks still scary!
Weekly:


Monthly:


Don't forget, HODL 90% of you'r BTC in a cold storage, trade only 10% for fun. If you are unsure, just HODL BTC and buy the dip. Shorting and betting against BTC is hard game... Don't panic sell.. If you missed your sell opportunity, you have to wait. Don't sell at loss... BTC is might been in a bubble, but BTC it self is not a bubble. BTC, Blockchain and cryptos will have a huge impact...

BDW: Don't arouse envy. Tell NOBODY how much crypto you have! Doesn't matter if you only have 0.01BTC or 100BTC... Keep your head (;
Comments
Tshaw1969
Sound advice. As of now resistance broken, not retested. Next few days should be interesting. Im waiting for another Long entry point- that may not come anytime soon!
vaskojovanov
Well said.
bioharz
@vaskojovanov, thanks!
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