Sometimes it takes about a trillion dollars to believe in something.
Reversal-sideways or moon booster launch sequence incoming.
I'm bullish on btc esp w how bearish the DXY is looking.
for me, if it stays above the fat blue line we are peachy keen. dont ask me why, for i know nothing
above the less thick blue line keeps the "new ATH, the summer of 2019: bitcoin broke the internet" hope alive
I know I'm not the first person to point out this relationship but I think it warrants another mention following the price action that we've been seeing. Following our breakdown from 8500 USD, we entered a downtrend. 7500 USD acted strong support and we went on to bounce off it ~3 times. Now, I think the fourth bounce would have been fatal for the bulls as it...
After about 6 months in the doldrums, the bulls have recently broken critical long term resistance and can look forward to the greener pastures on the horizon. There's a rising wedge to navigate in the short term and there's a good chance we'll need to test the support at 5,755USD. However, looking beyond that, I think we're going to see some medium to long term...
Two bets in mind right now. I want to do a quick short (long on the inverse chart) from here to at least 5.5k, maybe lower if I'm lucky.
Then I think the real trade is from the upper 6k, lower 7k region to the lower 4k.
Using the inverse chart to help with bias
Forget about RSI and MACD and Bollinger Bands. What is the product? What does it symbolize?
Bitcoin will continue to grow, look at the steady sustainable growth when delete November 2017 bullrun from the equation.
If you are not buying at these prices I feel there will be a lot of regret in the future. We may go back to 5k-5400 range in the coming weeks but the...
Voids above market; Daily chart nearing an area of support. Need to see a breakdown in market structure before I enter a trade and expect void to get filled.
We've blown out Friday's low and there is a little void to fill below market. Risky trade I'd say so I'm not sure I'm taking this one but just giving an idea of what i look for.
Void below maket. Friday blew out some major highs and filled a void on the daily chart which leaves me thinking this pair is headed straight down. I really like this set up if it were on a Tuesday so have a smaller size on it today
This pair looks ready to topple on the daily chart to me. Inefficiencies above market on the 15min chart represent a good area to fill in and get a better price with a tighter stop.
Hi biggest FUDDER here.
I feel this is going to take a long time...
People are persuaded they'll become millionaires, so they're just going to never let go till this thing hits the ground.
There's no reason for anyone to buy right now.
Comparing the 2 bear markets they have the same main steps, I'm certaintly not calling to start a trade based on this, just...
