PaulCoady

PaulCoady

Congrats to those that took my short term buy advice on April 28 for BCN. Now please take my advice again... don't be greedy and take your profits ASAP. This will be heading south very soon. Those of you that are looking for a similar opportunity take a look at the nice low volatility bottom forming on the Electroneum (ETN) price. Wait for signs of increasing...

PaulCoady Updated 

This rally appears to have legs in the short term. Built off a good low volatility bottom with healthy volume. Long term will return back to the long term trend after the next rally.

PaulCoady

While the bulls are still in town it is time to cash in profits. This rally from a false bottom will be brought back down to the long term lower trend line. Wait for true bottoming action to occur with low volatility and steadily increasing volume near the long term lower trend line and then build stock over time.

PaulCoady

2018 is looking surprisingly like 2014. Expect to see this rally off a false bottom to return back to the long term trend line. Build stock around october when bottoming action will be occurring.

PaulCoady

Ignore the hype a bottom has not, and is not, forming with BTC -0.36% . Time to short and wait a few more months for a bottom to form.

PaulCoady

This current rally has no basis whatsoever. A low volatility bottom needs to build for a rally like this to be long lived. This is evident in the lack of volume. Price change without volume = no momentum. Time to short and wait for a rally off a low volatility bottom.

PaulCoady

If the current downtrend continues we could see a great buying opportunity as low as 3500 in the next 3 months. Go short the next 3 months and be patient. Start building stock below 5000. I am one of the few people that believe BTC is here to stay and invest for the long term.

PaulCoady

BITFINEX:BTCUSD You don't need to be Einstein to figure this out. www.tradingview.com