The price of BTC has shown a lot of weakness after a week long fud storm. The ema ribbon is in a complete downtrend as the moving averages begin to diverge and expand. Moving forward, the lower 30k level has shown great support in buy volume which will limit the extensive sell pressure. The normalized ATR and %R momentum indicator have also shown the same reading....
You can now buy almost 2000 sats (satoshis), the smallest denomination of $BTC for 1$. That's a hell of a deal, and if you ask me a lot safer than buying meme coins like $DOGE or $SHIB. 🤔 We dropped down about 20% from the high back in April and are now at a previous support level that has been tested once before, so potential bounce and upside is there. What's...
Hello Everyone, I wanted to make a post about my current opinions of Bitcoin. Although I am a bull, I do believe bitcoin is overdue for at least one red month or two and we are starting to see signs of market exhaustion. With what seems as if every large financial institution and tech company is investing in bitcoin, why do I think this? Well, the market is...
After due diligence, I really like this company and it' future expansion plans and current execution. My PT is 45-47 so there is a lot of potential with this one. Hoping for more short term weakness to build a position (I am not expecting all my buy limits to get it, but if they do, even better. After position has been built, I'll let them roll until PT is...
In this post, I want to go over a strategy that beginners can implement with any asset or commodity that have solid fundamentals. Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Explanation - A...
take that entry if we see another <.03 DCA your entries moving down or risk missing another .037+ run.
This stock is amazing, is been going for breakout after breakout. I entered NYSE:SQ on November 4th and I thought that I entered very very late, look at it now. I have a very high expectative on this one not only because its price movement, also because is a favorite for Ark Invest. They are holding NYSE:SQ on AMEX:ARKF and AMEX:ARKK with 10% and 4%...
Missed the support touch and MACD buy signal but still bought some more DOGE. Will load up more DOGE on the 4HR chart MACD buy signal.
I really like AMEX:CGW , little volatility, strong uptrend and now there are futures for the price of water. I have a position since August and I'm not thinking of selling any time soon. Looking at the good buying volume and that its near a breakout just above de 20 day MA, I think I'll buy again to have a good Dollar-Cost Average. I always try to do this with...
Personal outlook - Not investment advice, serves as a note to keep track. This is focused on optimizing the process of dollar cost averaging into Bitcoin. The initial buy in (~15%) to be placed at the 50 week moving average expected in November. The second buy (~20%) to be placed at the long time support around 5900 which may coincide with the 200 week moving...
CVC (Civic) is a hidden gem with a dark side. With a market cap of only 20.12 M, this coin has quite a good history of scalping, as well as being stuck in a sideways rutt for months. Its an interesting coin to trade simply because of its unique behavior, however, one must understand the risks involved. This coin has a low market cap, so additional care must be...
Ethbtc just completed 5 distinctive waves and is now printing a weakening pattern of wicky doji bars which suggests impending reversal south. I am extremely interested in this chart because my main long term trading plan is to shift my 1x btc and eth holdings into 3x leveraged ethbull tokens. I don't know what pattern this correction will be so I am assuming it...
This recent impulse lasted 7 weeks on eth. It also hit the 16 week donchian channel high from a previous chart I posted which indicates this is a long term buying signal. I strongly expect the recent impulse to reverse a bit since the final leg is an extended 5th wave and those are almost never stable. They do retrace. Since we're getting into a phase where...
I am dollar cost averaging on various alts and btc now that the long term handle of the giant bullish cup and handle has printed a bottom. I am scaling in with targets that are at least double the current prices so that I can have a 1 RRR without using a stop. I am not going to try to time things very carefully but will deliberately just buy at consistent...
Patience is a virtue, XRP hodlers understand that statement. XRP has been in a massive downtrend since January of 2018 and no amount of news or announcements has been able to break it out of the downtrend. BUT, it has been in a slight uptrend since mid August 2018! XRP is strong, fundamentally speaking, and I believe it will continue to be a Top 3 blue chip...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
One of the simplest strategies in trading is to buy and hold. To succeed with this strategy you need to dollar cost average your position. It's not recommended to put a lump sum of money in all at once. Rather buy periodically. We all know that you are supposed to buy low and sell at a higher price. Yet somehow people lose money because they buy high and sell low....
Student of the game! Todays Menu: No EW Less TA More experience Lots of accumulation phases. BTC is on the right path! I am a buyer now dollar cost averaging my way in. I do not, in any way, think that BTC is going to go up FOR SURE. I do think that this is the calm before the storm as the most likely scenario. If it drops, I wouldn't mind because it would bring...