Now, The market major role is Bitcoin. Bitcoin finally back to normal range after last year unreasonable price drop down to around 3100 US dollar area(Lower than cost to cover power consumption cost for mining) starting from Nov., but at that time market was in a very bearish psychology status, we have our long positions at that moment, and added our long position when our indicator and the lower high trend line showed it was a good price to enter. We view them as the long-term investment Long Positions.
Most of our other long-term long positions were taking profit out yesterday into our pocket. And we only keep those bottom price position on our hand now. (Said: Bitcoin US pair around 3200, and Ethereum US pair around 83)
Our buying power indicator(Lat indicator) and our bias are all indicating that both Bitcoin and Ethereum are all still in an uptrend status, Bitcoin a little bit too hot, but the trend is still up. Ethereum looks like a stable coin recently, maybe it is just leading advance than bitcoin while it was in the bottom range in Dec 2018 and Feb 2019.
Most of our other long-term long positions were taking profit out yesterday into our pocket. And we only keep those bottom price position on our hand now. (Said: Bitcoin US pair around 3200, and Ethereum US pair around 83)
Our buying power indicator(Lat indicator) and our bias are all indicating that both Bitcoin and Ethereum are all still in an uptrend status, Bitcoin a little bit too hot, but the trend is still up. Ethereum looks like a stable coin recently, maybe it is just leading advance than bitcoin while it was in the bottom range in Dec 2018 and Feb 2019.
Comment:
Comment:
Due to we will have a holiday next week. We could not keep all eyes to the market.
Therefore, most of our Long position have to take profit.
Cheer & Happy Trading.
And we will come back to the desk after 27th of May, 2019.
Therefore, most of our Long position have to take profit.
Cheer & Happy Trading.
And we will come back to the desk after 27th of May, 2019.
Comment:
This Spread is in a bottom area. We will keep a watchful eye on it. We plan to go Long, it is the same low price when we compare the lowest price on Dec 2018.
Cheer. Happy Trading.
This Spread is in a bottom area. We will keep a watchful eye on it. We plan to go Long, it is the same low price when we compare the lowest price on Dec 2018.
Cheer. Happy Trading.
Comment:
:)
:)
Comment:
Is it satisfied of this up wave? Maybe.
Let's observe if the up wave development continuously or take a rest for correction?
Bottom Triangle might be confirmed.
Is it satisfied of this up wave? Maybe.
Let's observe if the up wave development continuously or take a rest for correction?
Bottom Triangle might be confirmed.
Comment:
