MoonTrader
Long

BTC price right on schedule!

BITSTAMP:BTCUSD   Bitcoin / Dollar
234 2 7
This is my previous idea, showing a bull run to 60x before a small retrace. Apparently, I didn't have enough faith in my own idea because I took profit in the 590 range after seeing all the hysteria on Tradingview about another crash.

This chart was beautifully accurate, and I am still expecting more bullish moves, but I am waiting until it gets close to the full moon on Aug. 11. This is the perfect type of market for lunar cycles to play a role, and the full moon is an often bullish signal, so hold on to your hats!

In the meantime, I have buy orders above 610. If it stays relatively stable around this area until we approach the full moon, then it should be a good place to go long with tight stops in place.

Don't believe the hysteria! Stick with the plan and prepare for take off!

Donations and input always welcome:

1M5GwoSiyTEKCKY3Dp3S2CesA6hgxHKSvk

Cheers.

Note: drag the chart to the left so the red circle lines up with the bottom of the screen.

Related Ideas

The Keltner Channels will limit the move more than likely to somewhere around $620. Maybe it makes a run to $650 before price gets pulled back into the channel. The $610 entry point is probably not where I would get in at. Better to pick a point near the bottom of the channels.
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MoonTrader
2 years ago
I don't base all of my trades on Keltner channels.
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