Well, as a recovering permabear, i have to say, my worst fears, have not come to pass, and i'm the first to be happy to be proven wrong. However, we haven't broken the descending channel we've been stuck in since June 1st. Trading in range, which now would be between 9300-8500 . Getting a daily close above 9400 would be the breakthrough the Bulls are waiting for, breaking below 8500 would be the ticket to the Sevenville train, in which my good friend Sy Gerder is waiting for the rest of us . As a neutral, i think that for the time being, we'll just be stuck in here, so HODL, relax, keep your SL close by if you have to, BTC will keep being boring. But we can still hang out, and make happy banter.
Phi-Deltalytics
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@AJFG, After another week of side way actions, the bulls are really getting weaker. Not even sure whether a close above 9.4k would be enough to push us pass 10k. A deeper retracement is looking more possible for the short-term.
AJFG
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@Phi-Deltalytics, Agree. Don't know if you heard about Dave The Wave's tweets from June, he called a bottom around 6.5 in the summertime, and a big thrust up by September. I like to describe BTC atm , as an old lady, falling off the stairs in slomo. We need to correct, to move higher, in the Fall. Love your work . Especially with Oscillators.
Phi-Deltalytics
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@AJFG, Thanks man. Yeah, even if we break 10k and move to 12k, the big structure will need a correction around summertime.
AJFG
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@Phi-Deltalytics, So, 'im a complete newb, here, but i'm seeing us going through something similar to 2019. Capitulation in Dec2018, huge rally, topping out in June 2019, LH's and LL's all the way until October, blasting off again. So, another capitulation in March 2020 ( actually, a Liquidity event, but anyways ), huge rally, topping off again in June ( that bart we had ) , LH's and LL's throughout the Summer, blasting off again in September. I can't stand diagonals, but if you draw two lines, from the ATH, and the Dec 2018 capitulation, you see that they cross early 2021. BTC usually fills 70/80% of it's patterns, so i'm calling it September, October at the most. Paypal and DeFi as the fuel for new adopters and the new ICO mania. Sorry about the sheet, lol.
RocketBomb
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@AJFG, I love and appreciate You for your flexibility of mind! It's great, that You can put everything in its place and at the same time support me, even if my opinion is different from yours!🧡🧡🧡
I also try to follow such principles in life. Therefore, it's a special joy for me to meet you here!🙏🏻🙏🏻🙏🏻
AJFG
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@RocketBomb, Yeah..."slippers". That's how i feel around you. We all want the same thing. putting all of our pov's together, we can get a broader view, than just closing down, close minded. A wise man learns from the mistakes of others, right ? PS: your english is getting better by the day. If i slip, you're getting better than me any day ,now ! 😃
Lawrencecarlyle1wp
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@RocketBomb, hi can you please assist me this is my first time trading I started with the minimum of $300 But I've deposited though this manager mane Robin I can see my live profit... and everything but I'm starting to think it's a scam... cause my trading stopped now and he says if I want to make a successful withdrawal i must pay the commission fee unto the company I'm so pist cause I can't receive my profit and that was my last money I deposited. Cause I was under the consideration that the company takes the commission out of my profit but now his telling me that I must pay $450 commission just to get my own profit he did not inform me of this in the beginning now I'm in debts and I'm struggling... please can you assist me please..
RocketBomb
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@Lawrencecarlyle1wp, Judging by what you told, I concluded that You fell into the hands of scammers.
I'm sorry. But how can I help you?
Lawrencecarlyle1wp
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@RocketBomb, I just want to learn how to trade for myself I'm so damn angry... I just want to be able to give my family a better life that's all.. I took my last $300 to that management guy to invest my money for me... but since it's a scam I just want to be successful in this like everyone else im not rich but I'm willing