In 4 month (black horizontal line), we will look back and say "this was a great buying opportunity"
We are all on track, look at my old charts. Stay strong and stack sats :)
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I said "horizontal", which is obvious wrong in terms of time :) But i guess, you see the thin black vertical line anyways.
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Can´t help myself, but it feels like this one:
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Looking good so far. At around 15-20 september we should get a golden cross, this could lead the next huge move up!
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Test of 21 week EMA => should hold as support. Level around 43,600 USD (watch out on sundays daily close).
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Fibo 0.786 level at test. If we hold this @ around 57,000 USD on weekly base (close on sunday), we should see new all time highs at the end of this month or at least a retest of 65,000 USD
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INFO: Fibo level 0.786 you cannot see in this chart. Based on current ATH ~65,000 USD and the local bottom of 30,000 USD
Very functional chart indeed! I'm a big follower of fibs but completed ignored the fib extension here. Nicely done. Followed.
I'm not one for blind dip buying, but always impressed to see some buying the bottom :-)
Onwards and upwards...
Crypto-Coin-Trader
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@dragononcrypto, thx mate!
Yeah, buying the bottom back in 2018 was possible with math...
Selling the top will be very hard. Iám happy to go out at some time in a few stacks.
Will post about this in the future. But i guess it will take some time.
dragononcrypto
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@Crypto-Coin-Trader, Looking forward to it. Your accuracy for recent charts is impressive, so I'll be keeping a close eye on your future publications 👀
I'm more hit or miss. Probably only half the time I'm right, hence a lot of my charts are mere theoretical scenarios rather than positioning. But at least when I am right it's usually spot on :-) The risk reward always pays of being the important aspect. Either that, or it's simply educational material, this I prefer. With math, statistics and a complete lack of emotional involvement; everything is possible 😎
Ideally give me a shout on one of my charts when you publish your irregular content, I never check my feeds ;-)
Do you think buying now is safe or waiting for 20k?
Crypto-Coin-Trader
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@santana2331, unfortunately only two things are safe in our live. Taxes & the death.
I personally only buy, after price is dropping hard. Now we are currently up over 25% from the theoretical bottom @ 30k. I wouldn't buy at this moment.
What you can do every time is DCA in, over weeks & months. Mixed up bad & great prices!
dragononcrypto
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@Crypto-Coin-Trader, "unfortunately only two things are safe in our live. Taxes & the death."
Keep charting for us ;)
Best,