Hey guy's it's me. I've been the guy calling for 6900 for the past few days. Since I'm getting lucky I guess I'll keep going. You can see my latest entry points in the green. Got in around 6000, sold a little early around 7200 , where I THOUGHT we were making a lower peak (indicated by the red x). Of course I should have waited until the top of the channel indicated by my red lines, but I saw some scary indicators. Anyway I remained confident and I'm back in long with an entry point of 6962. Then I quickly traded it for LTC, which in my opinion is still highly undervalued and will soon reach .01 BTC. We should go back up to 7400 pretty quickly, but if we can bust through the red line, we could see very solid upwards action above 7600 before we see a small retrace back to 7500. I'm not going to attempt to swing trade this because this could be the big one. I have been sitting on the sidelines for days, pouring over charts just waiting to get my coins back. Now that I have them (plus profit) I can relax, HODL and wait for moon! I will not be left out of this run and I'm sure some other traders feel the same way. All major cryptos are looking good in my opinion but buying bitcoin will help the cause! I'm happy with the amount of coins I have so I'm entering a "no trade zone" at least until 7400, but as I said, will be reluctant to sell at this level, as this is the highest potential we've had for a big run up all year. Please click a like if you found this useful and pls leave comments below on what you think. If I receive over 10 likes I will update this post on my next major decision!
Disclaimer: I am not a professional financial advisor / this is not financial advice / do your own research and trade at your own risk
Disclaimer: I am not a professional financial advisor / this is not financial advice / do your own research and trade at your own risk
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We went lower than I expected and honestly did not expect such a panic selloff. Maybe we will go to 6k still but I'm not afaid to HODL even if we do. Divergent RSI on the 4 hour chart may take a while to play out. We could even see 3 more days of downtrend. To me, these prices are still very attractive and I see this as a great time to accumulate.
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whoops that was the 15 minute chart, not so impressive on the 4 hour chart, but the dip is losing strength.
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FINALLY we are seeing some bullish divergence on the 4 hour chart. HODL ON MY HODLERS !!!
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Well we punched the Devil in the face, I'm still HODLing ! I'd post what will happen next but this is all I drew!!! :op
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I'm expecting just a slow steady rise from here, sort of following the same short-term trend. But if it wants to rise up to 10k that's perfectly fine too!!
