nonoiz

Change my mind! The time is now to reassess the situation.

Long
BITSTAMP:BTCUSD   Bitcoin

The bulls have made themselves known again, for now. They are trying to establish a base above the 21wema and the time has come to plan. You probably know timing is everything. But always remember. Plan your trade. Trade your plan.

This chart lays out the bullish scenario for bitcoin over the next few years. Starting from a simple swing trade (the first & smallest column) to a longer term, moon shot trade. The columns are also derived from fibonacci sequences on both axes. And maybe a dash of meme power.

Of course, this is the scenario for the bulls and is relevant until 16,000 is lost. No one knows what the future will bring. That's why planning is so important. To know what you will do ahead of time in either scenario so you have a better chance of making a non emotional decision. But what if this is wrong?! Your an idiot! Well first, you shouldn't copy other peoples trades. Make your own decisions with due diligence (DD) that you are comfortable with. For me, its easy! Risk off as 12,000 becomes the next area of contention. And then reassess after some time. Opportunity is infinite, capital is finite.


But until then, this is the way.

Happy Trading!

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Doge : DNxGDCi9L3EWvPtck9d9aXsbgS19s8kcvA
BTC : bc1q6qtes6m2hqtcs5zpr8gyxshtgnfqas6enwuxhv
ETH : 0x3dc3767F1cDef1dF76be9Fb05b7ff53382BBd514
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