Hit the bottom of multi-year triangle. Bottom of the triangle has NEVER been broken. I don't expect it will be. If ever there was a buying opportunity, IT IS NOW!!! NOW!!! NOW!!!
Target shall be $9000 or top of the triangle, whichever comes first.
Happy trading!
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This is a multi-month trade. I didn't make that clear. My trade recommendations usually swing for weeks/months.
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In this case, I expect months but it could be weeks, maybe even days?
We are already well into the the green. $1000+ profit so far.
Congrats traders!
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+15% so far.
If you were buying in on the way down as I was (dollar cost avg in), then some of you may have purchased at around $4000. That's a quick profit of $1500 per coin while you were sleeping (if you live in the US).
Congrats! You wouldn't be wrong to sell a bit here and take some profits. You're never wrong to take some profit. Never.
Trade closed: target reached
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Honestly, you know what acted as confirmation on this forecast for me? The fact that I only got 2 likes and lots of criticism. Anybody reading this, LET THIS BE A LESSON TO YOU - BUY THE FEAR. Always buy the fear.
...And now, don't be afraid to take some profits. Some of you are 50% up from my BUY call. TAKE PROFITS. You are never wrong to take some profits.
I’ll come back In a few days to see how u doing.. 3.2k bitcoin? I’m loving it.. patiences
stewdamus
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@Marc_408, you forgot to check on me? I'm 50% up on some of my buys. Selling some now to take profits.
Marc_408
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Faster than expected.. just broke 4,2 support.. 3k here we gooooo.. u made a rookie mistake buying in a bear market.. only dumb money putting money in stocks/crypto rn
stewdamus
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@Marc_408, not a rookie mistake. Still buying. 10 chunks of buy in. Buying all the way down. Dollar cost average in.
Marc_408
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Ur insane. No way market goes up after this crash.. 3k incoming
stewdamus
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@Marc_408, inside the triangle still a bull market. I buy up the fear. Love it!