BTC Update - MACD, Stochastic RSI, Alligator points bullish!!
Before reading, get rid of your moonboy mentality and no emotions for dips/corrections!
To know where altcoins are going, we need to follow Bitcoin next move!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
Bearish Scenario: If we have a weekly close below 37k, and a monthly close under 30k, prepare for another bear market! But indicators are pointing a strong reversal to Bullish!!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts:
1. MACD - When Blue line cross over orange line, it indicates a trend reversal. In October 2020, it crossed bullish and did a 5x!!! We just crossed again! Target: 100k+
2. Stochastic RSI - Huge Bullish Momentum!
3. Alligator - When the Lips (Green line) is on top of the Teeth (Red Line) and Jaw (Blue Line), it indicates a bullish trend!
4. 21 EMA - Blue Line indicates the 21 Weekly EMA Above it is Bullish!
The Alligator indicator: Uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average ( SMA ), adding additional smoothed averages that slow down indicator turns.
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
To know where altcoins are going, we need to follow Bitcoin next move!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
Bearish Scenario: If we have a weekly close below 37k, and a monthly close under 30k, prepare for another bear market! But indicators are pointing a strong reversal to Bullish!!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts:
1. MACD - When Blue line cross over orange line, it indicates a trend reversal. In October 2020, it crossed bullish and did a 5x!!! We just crossed again! Target: 100k+
2. Stochastic RSI - Huge Bullish Momentum!
3. Alligator - When the Lips (Green line) is on top of the Teeth (Red Line) and Jaw (Blue Line), it indicates a bullish trend!
4. 21 EMA - Blue Line indicates the 21 Weekly EMA Above it is Bullish!
The Alligator indicator: Uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a simple moving average ( SMA ), adding additional smoothed averages that slow down indicator turns.
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."