BTC found bottom? Temporarily yes. Ultimately no. Feb. 10 update
This is my new account. Old account was: yqmhay. You can check my previous post by searching that username.
Remember, we are still in a bearish market. The BTC bubble is still blowing off. We are still in a capitulation phase. BTC can go further downward any minute.
Check my previous post <BTC bottom? Temporarily yes. Ultimately no.> and now all my sell targets have been reached.
I also called to long BTC BEFORE Feb. 10 in my previous posts, and posted the potential three-drive pattern two days ago. My short-term predictions are not as accurate as the long-term ones because of the volatile nature of this market. I never expect to make big money by trading short-term. 3-5% in two or three days are good enough for me. Of course you could make much more money than this if you are willing to take higher risk. I will keeping post some safe low-reward targets and some risky high-reward ones. Make your own decision.
What's next?
BTC has strong support under 7k. I expect that it will have another weaker bounce back when it hits around 6k8. You can buy within range 6k5-7k. And then sell when it bounces back to around 7800. I expect these will happen within the next four days.
However, there's another possibility that BTC will jump directly to the lower support level 5500. The chance is small though.
Therefore, three buy targets:
Buy target 1: 6800
Buy target 2: 5500
Buy target 3: 3600 (target for the next weekend)
******I trade basing on my own analysis. I usually gain but sometimes I do lose. So please make your own judgement.******
******This is NOT pure TA. I also use information that I cannot show you on the chart and the fact that our market is manipulated as f**k. *******
If you have made some money following my signals and you feel happy, you may tip whatever amount of Nano to support me publishing more ideas. Thanks!
Nano (XRB): xrb_1ee1mxnsss6fsb6iaes8c7hy7ox9qc9ieye1acxbo69wd3wkbsb7y8dd6xth
Cryptocurrency is created to be used. Don't simply be a trader. Use it. Or we will have no future.
Callmepope
Remember, we are still in a bearish market. The BTC bubble is still blowing off. We are still in a capitulation phase. BTC can go further downward any minute.
Check my previous post <BTC bottom? Temporarily yes. Ultimately no.> and now all my sell targets have been reached.
I also called to long BTC BEFORE Feb. 10 in my previous posts, and posted the potential three-drive pattern two days ago. My short-term predictions are not as accurate as the long-term ones because of the volatile nature of this market. I never expect to make big money by trading short-term. 3-5% in two or three days are good enough for me. Of course you could make much more money than this if you are willing to take higher risk. I will keeping post some safe low-reward targets and some risky high-reward ones. Make your own decision.
What's next?
BTC has strong support under 7k. I expect that it will have another weaker bounce back when it hits around 6k8. You can buy within range 6k5-7k. And then sell when it bounces back to around 7800. I expect these will happen within the next four days.
However, there's another possibility that BTC will jump directly to the lower support level 5500. The chance is small though.
Therefore, three buy targets:
Buy target 1: 6800
Buy target 2: 5500
Buy target 3: 3600 (target for the next weekend)
******I trade basing on my own analysis. I usually gain but sometimes I do lose. So please make your own judgement.******
******This is NOT pure TA. I also use information that I cannot show you on the chart and the fact that our market is manipulated as f**k. *******
If you have made some money following my signals and you feel happy, you may tip whatever amount of Nano to support me publishing more ideas. Thanks!
Nano (XRB): xrb_1ee1mxnsss6fsb6iaes8c7hy7ox9qc9ieye1acxbo69wd3wkbsb7y8dd6xth
Cryptocurrency is created to be used. Don't simply be a trader. Use it. Or we will have no future.
Callmepope
We don't trade patterns. We draw them.
