BTC / USD on the chart is the main trend of this branded cryptocurrency. Monthly schedule. Positional trading. Symmetrical triangle. The price is already trading above the secondary downtrend line (symmetrical triangle resistance).
Also, from the reversal zone, a slight pullback is possible compared to the percentage of the trend (possibly squeezing) to the mirror support level (the former resistance of the triangle) -16.66%. Maximum movement -31.21% (unlikely). If there is such a deep pullback to the main trendline, an ascending triangle will form. Maybe it's even better for the 2021 madness.
Before the world moves to "new money", "China" and the cryptocurrency brand "will come to every home." The general trend of projects is predetermined in advance. Today is 18 10 2020.
Seems like this one clear and simple chart I'll be sharing if anyone asks about BTC trading 👍, but how much noise people create short time around guesses and hype to make money from masses and me too 😬
Thank you for sharing your perspective view on charts !
SpartaBTC
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@NotAthing, ))) It's just that some people want to find something to do every day, so they change their predictions every day because of their inexperience.
Sadovoy_Trade
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👍
PolarHusk
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Looks bullish in long term view. Thanks for sharing your idea 🐻❄️😃
chinese digital yuan cannot transfer to oversea. Government controls everything, it's not real money but a token to buy what government agrees on
SpartaBTC
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@cd_kagaya, Everything will start with China. You misunderstood me. It was not for nothing that I wrote "China will come to every home" in quotation marks.
VargVemund
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Thanks again! Your trading-philosopy seems to align very much with how I SHOULD trade too. I've been apathetic lately, given it over to Invictus C10. I'm expecting a bigger pullback before continuing upwards, aiming at 12-13k. Do you think I'm too optimistic?
SpartaBTC
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@VargVemund, it is quite possible. Check out my latest trading idea for this pair and you will understand that it is possible.
Thank you for sharing your perspective view on charts !