UnknownUnicorn6209745

Bitcoin will be Back to 10.5K soon without even closing March

Long
BITSTAMP:BTCUSD   Bitcoin
Hi all,
I am back with new post. I found some very interesting pattern that I believe will result in the mighty pump. Note that this month has been very tricky so far even for the experienced traders due to uncertainty over the trend. There were no clear signs of the trend unlike last month or earlier and has been tiny edged for both Bulls and Bears which resulted in good fight over last few days. Now I see there are some very good news coming in and people entering the market which boost the sentiments of BITCOIN Bulls. I observed that weekly is gaining momentum for Bulls and on daily the symmetrical structures of the candles indicating a bullish pattern. I will keep updating this chart as time passes and request you to follow this idea and me for the new updates, also hit like so that I gain some reputation which can help me reach more people.

Best regards and peace,
Budha
Comment:
Weekly :
Weekly Started Bullish and ending with the correction which could lead a good pump on the next week.

Daily :
Daily have had huge support here for quite a long long but also be prepared to see 8400s if possible one more time.

Suggestion: I will just suggest but you should take complete responsibility on your trade. So I will say we may or may not see 8400s from here but I highly oppose shorting and be open with longs and have patience. Also don't panic on tiny dips and don't try to trade 100-200$ moves here as they can lead to liquidation/huge loss by the time we realize. Also make a habit of taking the tiny loses than waiting with hope, for hope is good only when we align it with reality
Comment:
We hit 8400 and as updated above there is no need to panic at all, This is expected and I strongly suggest not to short on these tiny dips with panic or fomo sells. Now price may calm down before gradual growth. If it dips here then it is a worry but from my experience I can assure it wont.

Peace,
Budha
Comment:
Daily:
Honestly its not a tiny dip as I estimated 8400s possible but due to panic we have 300+$ dip which made dip quite healthy
weekly:
All of a sudden weekly tuned red which left us 50-50 situation to wait for the next day.

However I am still biassed to be a bull for the following reasons :
1) Dip came on last day of the week to make the candle red which can even become very tiny green by end of the day
2) Dip is a result if panic sellers on the bullish trend and my risk is as stated below:
3) We should wait at least next 2 days before panic sell.

As long as price doesn't dip below 7900 I am very confident price wont dip hard and it will result in 10.5k.
10500 - 8700 = 1800 while
8700 - 7900 = 800.
(Loading dips here is more profitable)

Price > 7900 = LONG and don't panic.

Peace,
Budha
Trade closed: stop reached:
I am sorry for this post as it had turned completely against me and I need to work where it has gone wrong and how pattern got invalidated and prepare for the next trade. I lost some and I accept the loss for it is okay to lose some money sometimes but not accepting the loss and waiting can be more disastrous.
Comment:
Note : I am still biassed towards "long" and expecting 10.5 end of the month but I couldn't keep this idea alive after almost 800$ dip post my ideas as some of my followers are tiny scalpers and being panicked and losing
Comment:
Hi all,
I apologize for the wrong timing but for trend traders these kind of dips doesn't really matter as we mostly wait longer with patience however such dips are no way good for a tiny scalpers and I completely understand that most of you like to trade such moves due to high volatility. After this drastic failure I spent a lot of time and analyzed so many possibilities to save my reputation and I come up with this new post to keep up my credibility. I will carefully analyze the new situations and articulate my thoughts here:
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