If you did not FOMO you are in great shape. Isn't it a great feeling when you let the trade come to you? We waited patiently until BTC came down to our buy point precisely (which was set a few weeks back.) You are now buying cheap and safe from those that bought as we were going up (due to bad advice), and from those that set old style trailing stop-losses. If you...
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There is a two-way possibility.
Right now, BTC price goes up just because Market Maker pushing it up. Fomo will start again when we make a new ATH breaching 10500 and higher.
We have already met the mini correction structure, and we can go up.
#BTCUSD Elliott wave Update:
Bitcoin Current price is $9850.
#BTC finally Hit our First Support A $9480 Correction Wave.
Now we can expect some upward move after Down leg.
If #bitcoin hit above $10600 then This pattern fail and I can expect new high of 2020.
Please stay tuned for latest updates and also follow me.
Once again, we bounced off of the lower edge of the ascending channel. If you thought we were dropping down below, you probably sold and got wrekt. All because you didn't follow my ROADMAP. Don't wrek your investment vehicle!!! Use the Roadmap and stay on course!!! If you like what I do, phone a friend, blast it on social media, tell your friends, family &...
Just sharing some thoughts. We could be now in a 3rd of a 3-way Ascending Parallel Channel. Have to wait and see if the supports and resistances work accordingly before attempting to consider any trades.
I am back with the new post. I noticed that bitcoin headed towards 8300 before the next mighty pump.
You can see in the main chart that there was a perfect symmetry that needed a correction. Also in the below weekly chart you can notice that bearish candles are going to have more magnitude and can follow one more red candle bigger than previous...
No question that there are solid good times ahead. Let's explore the charts and in different timeframes to find safe entry points, let's keep it short and informative.
WHATS BTC DOING NOW
We are currently going uphill with minor corrections along the way. We started loading up a few months back and got out once we hit resistance. We are looking to jump back in...
In the previous post, we talked about how closing 3 candles above resistance constitutes a confirmation that we are now above resistance. Do we want to jump in now? You could with a good stop-loss, but if you want to jump in using a much safer strategy let's go in on the pullback as long as the pullback stays above support. Why be so conservative with our entries?...
The way I see it every trade should be a straight-up business transaction devoid of emotion. If you want to build wealth you only take low-risk high reward bets. Look at every choice you make and take that approach. Make a bet only when you know the odds are in your favor. Trading is no different, approach it as a business, learn how to value capital, think of...
BTCUSD Technical Analysis Chart:
#bitcoin now Trading at $9290. ( when I write this post.)
what Say Chart:
According to chart BTCUSD now looking fully bullish mode.
And at now we are at Resistance Level at $9555.
and this is very Big resistance.
and strong Trendline resistance also.
if We hold price above $9555 and also any weekly candle close above $9555 then...