If you are a day trader you can ignore this. If you are an investor and want to HOLD BTC this is for you.
I'm going to try and make this as simple as possible. With this method, all you need to know is one line. That's right! And to make it even more simple if it's green you buy and if it's red you sell.
Take a look at this chart. Let's...
Stacking long entries as long as this beast continues current bull trend
1st Entry: $5,000 0.20 lot
2nd Entry: $5,100 0.10 lot
3rd Entry: $5,200 0.10 lot
waiting for final entry $5350 once break is confirmed (4h confirmation ;)) 0.10 lot
total .50 lot = 5 BTC LONG ......cost = $250 =)
BTC broke through the lower falling resistance line, with quite a convincing move up.
2 options are likely right now:
-We also break through the second resistance, which will turn into support
-We will stay in between the two red resistance lines,
Based on previous cycles we're very likely to continue accumulation for at least half a year. My guess is we're...
Try to found where to buy Bitcoin for long time HODL. We have two trendlines (purple and blue). Bitcoin was overcome the first one. Blue one will beat Bitcoin to it's final low, and I suppose fast return from the bottom. I'm not trader, just try to draw it and found the approximate level to buy Bitcoin and just HODL it.
NO STOP LOSS. Buy XLM and hold at least until 3k sats unless you insist on taking profits at the first target on the chart. This is one of the best cryptocurrencies in existence and is a safe long term hold. If you want to swing it, I've outlined targets. But this is a good one to add to the long term port at this price point.
Potential growth timeline for BTC based on previous 4-year cycles:
Each cycle consists of:
- ~150 weeks of uptrend, followed by ~50 weeks of downtrend
- Uptrend decreased by 75% compared to previous uptrend
- Downtrend tends to be about ~80% from uptrend's high
- Uptrends tend to go parabolic once the 26 week MA has been reclaimed, which also seems to...
I have added most of my thoughts and analysis in the charts itself. So feel free to check it out.
Constructive criticism will be appreciated. :)
My opinion: Neutral till 3k.
Most important point: When most of the traders are bullish, market will turn bullish for a short period of time, but will be eventually bearish in the long run. vice versa is also true.
I think if you look at this chart on its own... Keep in mind this is the 1 hr chart. It looks about as neutral as neutral can be. Could go up as easy as it could go down.
At a glance I would say this is going to drop to 22 rather then go to 36. But who cares right. We have held since 200 so FUCK IT!....
NO. I'm done. I'm not loosing another dollar.
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HOW TO TRADE THIS CHART?
First like/thumbs up the chart then read below.....
We have been watching and trading WAVES in...
WOOH, My journey started in 2009 and i am at 31 December 2018. Tomorrow will be new years and I don't care who is buy or not buying to me. I am going to straight to $100,000. I repeat myself i don't follow any f***k**g TA, or What?. I always follow myself. I am own my Ways. Catch me if you catch, Stop me if you can: Bitcoin
Share me if u can. Long Live Me, Myself Bitcoin.
In my opinion, there is no point in explanation. Maybe it's time for bulls to wake up. I made my last purchases and changes to my portfolio for this year.I'm looking forward to the January movements of the market.
Happy Holidays !