Some minor negative divergences on the daily charts point to some possible short-term weakness.
But the weeklies show nothing but strength. With that backdrop, its dangerous to try to be too cute and trade short against a strong uptrend.
I'll hold my longs, and possibly add in the 6,000-6,400 area if it gets there and technicals give the green light.
D4rkEnergY is back. And he will once again spread love and wisdom to his beloved Crypto-Family... Enjoy!
Let's first take a look at the Global Crypto Currency Market. The last 14 days we have been moving sideways, but we will very soon get higher. I will get back to that later. The Global Market Capitalization is around 460 Bl USD today (with an All...
BCH is about to make its most important decision soon (it can take between 3 to 10 days) and we have to be ready!
As you can see, there’re two scenarios, both for the long term, so what we are looking for?
BCH must close a daily candle above or below the previous price (look at the arrows) and then, we can decide where it will go.
The price bounces from 853.00 support level and bounces from the support zone formed by SMA. RSI confirmed price reversal from the support level. The price diverges with RSI. The market is going to move high.
Your Patience Has Paid Off. Let's Have Fun
Let's Make It Rain Satoshis :)
Tips that help me stay sane during stressful trades:
1. Stagger ALL Buys and Sells
2. Cut losses if you need to, but don't jump back in when you do
3.Don't EVER buy Higher than you sold
4. USE THE BUY AND SELL INDICATORS
5. Hold your position firm. You are gambling on this one,...
This is a test of an index view of the top 10 crypto currencies traded on 14.11.2017. They are weighted so that each coin is bought for ~100$ each. The main point of this graph is to test out index graph on Tradingview and to see how much (or little) those 1000$ becomes in a month, quarter, year etc.
The 10 crypto currencies and amounts...