RocketBomb
Long

Gain strength before going up?😉

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi, guys!🧡🧡🧡

Good view👇🏻


I'm glad to welcome you on my page!🤗

Everyone has already gotten tired of the dock movements of Bitcoin prices ...😬Me too, friends! But I hold a position and wait for growth.💪🏻

On the chart, you can notice some zone of gaining strength before strong up movements.☝🏻

And it’s very important to pay attention to dynamic line, which was resistance, but this chart shows, that perhaps it has already become support.🙏🏻

I also admit the option, that we will stretch to the side for some time, and then there will be a sharp pump when everyone will lose hope for this.😉

What do you think?🧐

✍🏻Share Your vision in the comments💋


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Comments

it's gaining hight to drop harder🤣 still thinking if it's wave 4 of complex correction or not? still there are some things that don't match for short but definitely it's not a long according to my swing strategy. However I see big sell orders stacked from 9290-9450 on Binance... let's see if BTC can pass!

So far I'm rather on a bear side until btc cross white trendline:


Good luck!
+3 Reply
RocketBomb krystiann99
@krystiann99,
Thank you for sharing your opinion.💪🏻

The same to You, dear💋
+4 Reply
RocketBomb krystiann99
If the price breaks your resistance line, will you be ready to buy? @krystiann99,
Reply
krystiann99 RocketBomb
@RocketBomb, only if the strategy tell me to do so :) looking for the price and oscillators reaction at 9300-9450 zone. I would like to see stronger momentum switch and more of bearish volume in order to short. To go long it needs even more factors to change so it should take some more time to reverse... it would be soo boring arghh
Reply
RocketBomb krystiann99
@krystiann99,
I ask about your strategy😉

Are there any ideal options for buying in Crypto? (especially in such areas?)
Reply
krystiann99 RocketBomb
@RocketBomb, Yes! when you scroll your chart to the left🤣 but it's to late. However I love monthly pivot points and this month is 9450 (that is why I'm talking about this level again and again... - statistically 60% of chance hitting this level without any TA) and they are simple to play. I'm always opening here, the rest are my favourite indicators to confirm direction and prevent from false signals.
Reply
RocketBomb krystiann99
@krystiann99,
Yes, that's it !!💥

Now the price is not very cheap, which would be purchased by a huge amount!🤷🏻‍♀️

As you wrote earlier, strategy is important. And we need to follow it without deviating!

Good luck 💪🏻
+3 Reply
Phi-Deltalytics krystiann99
@krystiann99, we are bearish for the short to mid term as well. But long-term fundamentals still look bullish.

+2 Reply
krystiann99 Phi-Deltalytics
@Phi-Deltalytics, cannot disagree! longterm bullish but medium term I'm seeing bitcoin to drop as your first idea with 6400$ target.
Reply
I appreciate your insight but the volume and MP are still telling me this downtrend to sideways market isn't over . The volume is really low and the MP and TPO's attached to it are at a really lower price point for the value area on the longer time frames weekly & monthly. I'm a altcoin and btc long term holder. But I haven't see real capitulation yet in BTC or the altmarket.

Still see BTC going down a lot the number I won't say because many will comment and say " thats not going to happen" etc etc. Been letting the market tell me what's going on.

Sitting on a bunch of cash and I see a final capitulation coming before we get into real accumulation phase. I do believe in about 8-12 months from now we will be in the start of a bull trend that will be mainstream in 2021 2nd quarter.

You can disagree with me and that's fine. I've been a systematic , MP trader for years and traded everything from DAX, FX , gold to crypto. Called 3k btc back in 2018 January when people thought it was going to 40k in the next 5 months from the rally in late December 2017.
I do believe the next bull run will result in some altcoins hitting 10-20x their last ATH and BTC hitting near 6 digits.
+2 Reply
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