Hi Everyone! Wishing you all a Merry Christmas and a Happy New Year. The market correction finally hit and I hope you all got in cheap :) Most of the team was able to position themselves well and earned healthy %'s (: I sent this chart off to the team a bout an hour ago. So at the time BTC was in the $14,000's.
Keeping it short this time:
Inverse Head and Shoulders are forming which normally translates into a bullish run northward. RSI has tipped in the oversold on all charts. We can anticipate some growth movement northward.
Market recovery towards $15-17k a sell off...back down to 14-15k and a reposition and consolidation towards new ATH of $20-25k
Great time to set up long-term positions now. Or day/swing trade.
Risk to head downwards still exists so you can position purchase orders at $12-13k.
Wishing you all well and hope you make $$$.
Keeping it short this time:
Inverse Head and Shoulders are forming which normally translates into a bullish run northward. RSI has tipped in the oversold on all charts. We can anticipate some growth movement northward.
Market recovery towards $15-17k a sell off...back down to 14-15k and a reposition and consolidation towards new ATH of $20-25k
Great time to set up long-term positions now. Or day/swing trade.
Risk to head downwards still exists so you can position purchase orders at $12-13k.
Wishing you all well and hope you make $$$.
Comment:
Here ya go :) Selling at $16800 buying the retrace and moving upwards from there.
Comment:
Hi Guys,
@zeelorenc Corrected me yesterday in regards to my inverted HnS and i already mentioned that I thought i was wrong and I do see a HnS. (see comments below).
I got out yesterday before my christmas party and will be setting myeyes on lower buy in ranges.
@zeelorenc Corrected me yesterday in regards to my inverted HnS and i already mentioned that I thought i was wrong and I do see a HnS. (see comments below).
I got out yesterday before my christmas party and will be setting myeyes on lower buy in ranges.
Comment:
Following it perfectly!
(COINBASE/GDAX PRICING)
$14,500-13,700 key area to accumulate. We can anticipate another 18% gain soon. The charts will align with LTC as well. Post incoming soon.