DanielDanield6

Last CHANCE to SELL before BIG DROP 5000-7000$BTC

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
628 5 7
I refer to this Idea i published on 19.01.2018

We will bounce test the 10650-12000$ range (previous support becomes resent resistance)

After that be prepared for a big drop to 5k to 7k range.

This will be your last chance to sell some of your portfolio coins, im reffering to EVERY COIN, since BTC             will drop. The whole market with its altcoins will follow.

Comment: Im pretty sure we will bounce the first time from the 200Day Moving average, afterwards, in the history of BTC we broke twice the 200 EMA, 2013 and 2015.

IF the 200 MA brakes i will add ALOT of ALtcoins during 2000-4000 BTC range.

What i mean is if you set up a investment of 10.000$

Buy 20% at BTC 6500 Range
Buy 20% at BTC 4500 Range
Buy 20% at BTC 3500 Range
Buy 20% at BTC 2500 Range
Buy 20% at BTC 2000 Range

SO, why we do that=? Because no1, no1 can tell where and when the bottom will be reached. thats why we scalpe our buys.
Comment: Bitcoin barely touched 9600$, very very low buying volume.

for now, im completely out of Cryptocurrencies, as it seems the real fall begins now.

cheers
Trade active: Positioning my first buy order at round 5800$, note: i will sell as soon as btc over 8000$.
BTC will still go lower, it needs to double test the bottom before we got really confirmation of the BOTTOM, this will take TIme (up to 2 months)

The Volume, The Volume is the key factor to watch. we still need a bottoming volume! around 3000-5000$ is a good accumulation range.
1 minute ago
Comment: why i choose 5800? simple, the Simple moving average 200 days lies below.

can bounce up to 50% up from there.

Also NOTE, in 2013 correction we went down 40-50% down from the SMA 200 , MA 200!
thats how i come up with 3k-5k
Note2: -20% fib 0.236 is a perfect buy range, 2,5k to 3,5k
sry, don't get it. We already visited the 7500 range which you predicted
Reply
@tarnschaf, the 6500-7500$ Range should hold (the 200Moving Average Line) , UNTIL a major FUD comes out as a catalysator... for example if the Tether is indeed not backed by any real $ at any Bank in the World.

it really depends on the News!

If we brake the 200 EMA Support, all the Below Buy zones are active! Me personally will invest heavily in some serious Coins. ( just me) 1. Cardano ADA 2.bitcoin 3. Ethereum 4. Stratis

Reply
tarnschaf DanielDanield6
@DanielDanield6, seems legit :) and agreed, bought some stratis a couple of minutes ago :)
Reply
Thanks for sharing your idea.
I tb think we will go to 4000 $ approximately ... I do not know!
The news is still negative, they want to download it so that more people can see it as an opportunity that was lost in the past and now reappears with a very seductive price ..
Reply
LOL
+1 Reply
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