Hope you have all been trading BTC , it is not quite time yet to preorder your LAMBO, but the profits have been amazing lately... And earlier today I got a text from my son...
"HOPE OUR MONEY'S IN BITCOIN LOL"
That to me says it all... mainstream media have also started reporting ON EVERY NEWS BREAK TODAY!!!
This is where things start to get wild though, we have in the not so distant future talk about Crypto becoming a regulated market... and it is a much needed overhaul to stamp out illegal activity and give crypto a cleaner image.... Although as a TRADER, I love the crypto right now has to offer...and I won't deny the profits, I am already planning my next holiday!
Well this I have made easy for you today... Green wave up... Red wave down.
I believe it is critical to hold $11,400-11,800 to remain super . My target is arounf the $30,000 mark for the NEXT HIGH as shown on my chart from 22nd JUNE 2019 (Before other traders showed similar) Also like I mentioned in the previous chart - sell the targets and long above resisance so as to not get caught if a quick drop occurred as it did again today.
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
BTC so far is holding this region, Next support if this current area breaks down is $10,800
which is the perfect retrace for a 3rd wave
FULL DISCLOSURE I TOOK A 2.89% LOSS ON THIS TRADE
We got dump just in time as predicted to support area mentioned
After my last update about btc hit 13400 i told you guys to not get excited especially after we got 1 hr bearish div supported by 1 day and 2 days bearish div
So in few hrs btc hit max fomo at 13900 and dumped hard to 10400 area as i said in some previous ideas that I am expecting rally pause and retrace for a bout a week range to calm down to area between 11200/11400 to 10400/10600 and it should not get broken with daily close for trend continuation and we hit it EXACTLY faster than anyone expected
So let me share my current view which is i see 10400/10600 is very strong and we should reverse from here as its my main condition to resume rally towards previous ATH forming strong wave 3 since from 7800 area
We got a MASSIVE hidden bullish div on 1 hr chart supporting my view and btc should consolidate for a bout a week in this range forming higher lows till it breakout
Warning if 10k broken expect blood and the end of this bull run
Hope this helps