With the closing of today's daily candle above the level of 38,300 I decided to buy 1/3 of the capital available for trading.
I am now 33% bought in bitcoin.
The price of this purchase was in region 39,100
The purchase orders mentioned above have been cancelled.
Note in the orange markings that in the medium and long term bitcoin has not closed candlesticks...
Timeframe: 1-4 wks
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue...
$APYP Is making substantial progress in getting itself situated for the upcoming catalysts the company has planned in the coming weeks. The first milestone the company has planned is Pink Current after which it is anticipated PRs will begin dropping on the upcoming $25,000,000 Reverse Merger set to take place.
In April of 2011, Bitcoin went up over 500% in one month (see for yourself on the chart)
Given all the socio economic factors + on ramps + greyscale + DeFi it's just not that crazy anymore to think we get a $50,000 bitcoin price in 2020.
99 days to go. Don't Blink.
Big dump from 3015 and now retracing that dump, it'll retest the structure, fail and drop.
Once it begins to drop, depending on market sentiment it could floor to 2800 or bounce at 2850 support.
After ~2 days consolidation from the point it hits, it will fly up to resistance and test for the third time with a breakthrough.
Shorting the bounce then longing the bottom.
Consolidating for the past 3 months, it should break up over the next few weeks.
Enter only if it closes above 0.1267, with stops at 0.1068.
A bullish bitcoin should give a little push to this penny stock, given the risk aversion in the emerging market right now.
Shopping for Bitcoins in the wall street? That's your one and only choice for now, and if you're bullish on Bitcoin this is it.
This stock have been hammered from $10 to less than $0.1 last year, and it looks to be finally bottoming here with a break to the upside.
Bitcoin ETF launch could blow this straight to the moon with all the hype, yet only retracing less...