I am short in the immediate future, but long after the MACD tags my trend line one more time on the daily BTC chart.
This video is my best guesstimate, it is not based on fact. Do not buy or sell based on what I am sharing, that is your sole responsibility. This is for entertainment purposes only.
Very Nice but just like the glitch in the trendline in the middle of 2015 compared to 2018 there is a glitch in the SMA. We have past the golden cross mark. Looking backwards to 2015 and it's trend, we have not had the golden cross, which is why it went backwards. What this means we have fast forwarded to an uptrend. BTC is on a bullish run.
keifer
⋅
@keifer, However it could retrace as it did in 2015's golden cross. You could be right I suppose but I suspect we are headed to higher highs given the pattern of the cup and handle formation created on the 2 week chart.
VS29DragonFire
⋅
@keifer, I'll keep an eye on that cup and handle, I didn't notice it before. Thanks!
VS29DragonFire
⋅
@keifer, I am not sure of what glitch you are talking about. I don't mind being wrong if it goes up when I think it goes down. :) Stop loss/buy order feature is a traders best friend!
keifer
⋅
@VS29DragonFire, Don't mind me, I had a few beers. Your Video was awesome and good TA. I hold to the C&H though. Funny thing is, I talke before I shoulda listened. Sorry bud!
keifer
⋅
@VS29DragonFire, Drinking cuz my fav person is dying today. ;) This is just a distraction right now.