My second 2020 prediction for Bitcoin, is that we have to hold above the 10,000 mark in order for the next bull run to ensue. If we drop below 10k and stay there, then it's very likely we're in a larger "moon and 3 cats" fractal, that will result in a multi-year bear market for Bitcoin.
Very pivotal point for BTCUSD!
If you want to know more about "Moon and 3...
In the 4H TF, BTC/USD is taking a rest, the movement is slowing down. But the trend is going up.
You could see here there is an Ascending Triangle Forming, and this is a good sign for the Bull.
You could buy anywhere near the upper-level of the red zone I mention in several of my analysis and set an SL below the lower-level of the red zone.
The bull is resting,...
I just came across an idea that growth of NWC coin is just the beginning of parabolic cycle.
Few things indicates that:
1. NWC is making HH, HL which indicates healthy uptrend
2. Parabolic curve touched and price skyrockets when touched it.
3. Integration news and partnerships were all true. Also team promised few more for next week
So buying a rumor...
a couple of things going on
about to test long term downtrend trendline - If broken we will moon
possible IHNS forming - too early to call
a possible triangle formed about to breakout
so accumulating with wide entry range & gonna hold it for a while
After researching on some of the older XRP charts that no longer are available on tradingview i drew the 2013 peak based on backwards day calculation and connected it to the peak of 2017 with the fibonacci channel tool.
Many of the fib lines aligned perfectly with the trend. And therefore i see XRP going sideways until the end of 2020 and the 4 year cycle...
I'm just going on instinct.
I haven't had a red month in 2020.
I even am winning on my wheat short when I have no idea what I'm doing.
Why be careful? I have limited risk and I'm not using stupid size I'm not an idiot, but since I keep winning, might as well go machine gun and buy or sell anything I fancy.
Some people will talk about "significant levels" "oh no...
2020 is the year of speculation and as a sensible investor, I've sat out almost all of it but have also missed a tremendous upside in many companies.
Not using indicators on this one.
Just using robinhooder confidence, youtube algorithm and EV rush as my indicators. Completely against my investment but this is a YOLO trade.
TP1 : $34.5
SL : $24.4
updated chart for -
we broke out of ascending triangle, on the log chart as well we broke from the triangle on weekly, I checked a few charts on other ALts they look bearish not the sure cause of BTC dump or PUMp incoming, whatever it is if Link comes down to buy range will enter a good...
Buy more, Accumulate, Tell people you love, Get wealthy #BITCOIN
It's actully crazy if you step back and think about it... Bitcoin has been through 3 major cycles and has started the 4th.
Microsoft is on the bottom & Bitcoin is on the top.
As you can see the cycles are very...
Everyone is shorting tesla when we just started a parabolic run!
Human psychology 101 fight the trend... this is clearly bullish and everyone is bearish
New paradigm is incoming!
The first sell-off just happened
Not much more to say here other than I am loading more USD from my bank to buy more Tesla :)