So this is my predication for the next couple days. I don't think we will break resistance that quickly, but I think the bears are losing. We WILL break though to $14k before the end of the month or during the first half of February.
Expect to be sitting in my pink zone for awhile before we build enough support to push through to $16,500. That is the next big...
So it seems my original uptrend is still holding. Wish I had trusted my gut :P
We should start breaking though the resistance before my green dotted buy line. If we don't expect a sideways trend until we do.
Added a marker for my order placement to help me better track it while I'm distracted on my main monitor watching Fairy Tail with my girlfriend~ <3
I can't really figure out how to add a dotted price line without actually connecting my exchange accounts, which I have not done yet. Any ideas? I'd like to not have to use a green arrow. :P
Gonna track this close...
So I made my first trade after learning TA finally. Got in at $11,691.17, only $50 USD investment, might buy in more along the way.
We are looking fine but we are losing momentum on the bounces along the trend line, the gap is getting smaller, but I'm confident we will see the yellow!
(Remember to NEVER investment more than you can afford to lose and never...
I know I was bashing it, but it was all in good fun, love yuh Charlie! <3
Anyways, seems to be a solid recovery here, nice bounces along the trend lines. I plotted the thicker ones in 6 hour and the thin one in 30 min.
Is there some technique or meaning behind how I got this result?
Alright I got this one setup better, set it to 6 hours instead of 4 to be more in line with the GDAX charts. Course I'll adjust as needed from now on, but I'll stick to GDAX conventions.
So yea yellow is my watch point, will be a busy time, hopefully I wont be asleep or at work when it hits..
I'm quite sure we will break right pass it and continue the bull trend...
Started my BTC graph over because I wanted to use Coinbase.
Well we did it, looks like it could be a strong recovery, I think there's a good chance we bypass the first entry point and head right on up. We'll see :D
Or am I missing a much bigger picture here? I'm sure I am. Anyone care to explain? xP
Wasn't able to actually trade any.. I had auto scale off for like the past 2 hours and had no idea what was wrong with my glitchy af charts.
All is well now, I can continue my journey with new knowledge in hand x3
The bears are making progress hacking away at the support, if we continue seeing dips in this area today I may commit to a trade here. It's entirely possible we could see the per surge lows again but there should be a quick recovery from that point.
Goodluck all and always remember to get educated and practice as much as you can! <3
How long in limbo will we last? If support doesn't hold we are going to see lows of $8,500 again, possibility all the way down to $7,800. We might be sitting here for the rest of the month before we see a good breakout, until then I expect to see lows of $9,000 and highs of $12,000.
Still very much learning this stuff! Much love all <3
Charlie got cold feet, his tech is old, crypto is evolving much faster, it's time to let go, he saw that, sold his shares earlier and now the fall from the top 5 happens. Litecoin wont survive this dip.