Buying BTC for newbies - long term until April 22nd

If you are new here you might not have seen some great charts by alamasters or LewisGlasgow. Based on what I learnt from these two and my own double pitchfork overlay I decided to go with long trade idea for BTC             that I will be updating whenever something interesting happens. I'm starting to track from 12th November 2017 until 22 April 2018. The only money I am betting on this is my worthless fiat. Just trying to get rid of it at the right moment ;)
Forgive the USDT - I trade on polo hence the tether. I do this just for the purpose of tracking BTC             to USD. I don't normally cash out in USD, but other currencies, however at this point of time USD is a good indicator of relation of BTC             to other fiat currencies worldwide.

At this point of time the end of the month looks like a great time for shopping!
Comment: DeMarker is showing BTC is right in the middle between underbought and oversold. Yesterday's candle closed high, however with a long wick, so there might be some downward action today.

Updated chart showing start of this trading week:
Comment: Here's the actual chart:
In the early hours of Tuesday we're saying a tendency to drop below 11k. According to pitchforks from the original chart there is still a chance we will go sideways and we might not re-visit buy-in range of 8-10k. However, when I tried another pitchfork anchored in the beginning of the bull run from November I saw we are continuing downtrend. DeMarker and MACD don't look optimistic as well.
The chart looks like it is going as I predicted. Today, Wednesday, seems like a great time for buying more BTC. Please mind that both: Demarker and MACD are pointing downwards, so we should expect further price reductions. Updated chart is pointing towards ~7600USD, but I would open my positions between 8-9k as we might not get a chance to hit under 8k
Comment: Looks like BTC is finding support around 7k finnally, it was a wild ride, but I think we hit the bottom. I guess it's time to get some fiat ready :)
Comment: It was a great day for shopping indeed and we are still in the buy-in zone. Looks like next resistance/support is around 9300 USD.
Tested 11k and out of the bullish deep crab into completion of a head and shoulders pattern. Expect drops to ~9100USD, then back to 11k to look for support.

" This is healthy, trust me "
DeMarker is showing BTC is right in the middle between underbought and oversold. Yesterday's candle closed high, however with a long wick, so there might be some downward action today.
How do you spot gartleys? Do you have a program or do you just see them enough?

I haven't learned much about gartkeys, cyphers, and the more complex patterns. My current bias tells me they are not consistent enough...but I'm willing to learn
jpnotmorgan whoisthelorax
@whoisthelorax, I did a lot of research, actually, still learning all the time. It's worthwhile to invest time in learning about patterns, however they only show trend - still can't predict the future with precision.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out