It has been a harsh couple of days for BTC hodlers.
If you're concerned that BTC is dead then rest assured. Its not. This is a great video that talks about BTC value that it brings and why its different to other coins (even ones to come).
The market cap of BTC is up from a low of $210B to about $240B ...
While I'm extremely bullish on BTC, it looks like there is an opportunity to buy some cheaper coins.
This is just my plan and I don't recommend that you blindly follow it.
First zone I will buy a little, then I'll really stock up in the "buy zone".
What do you think will happen?
Classical charting is showing us a possible breakout to the upside.
If you're brave you can go long now but I will probably wait for either one full hour candle above the horizontal line or at least 1% move above the line before I buy.
Stoploss is at horizontal line (.00001064)
Sellers seem to be happy selling for less and buyers seem to be happy to be buying for more, but in the end it seems that buyers have broken through the deadlock.
New wallet being released on 15 December.
The latest move is on good volume so looking like we might see some good long action from this pair.
I look for longer trades - days, weeks or months - so my ...
BCash in large ascending triangle formation which seems to indicate that a breakout may be pending. Support is building with people willing to pay more for BCash coins as time goes on but at the same time there is a ceiling price where more are willing to sell. If this plays out right the buyers will break through as inventory dried up.
If you’re brave then you ...
Love the fact that daily charts sometimes makes things so much clearer. The crazy volatility that BTC has experienced over the last 3 days seems so much less complicated and tells a different story when viewed on 1D as opposed to higher timeframes.
For all its gyrations BTC is just taking a breather for now by the looks of it. Will we see a major correction? ...
This is the kinda crap that gives crypto exchanges a bad name. Basically, I suspect, that everyone who had a leveraged long position on OMG would have been liquidated or maybe stopped out IF their orders were filled but I doubt an event of this magnitude will fill stop orders... Luckily I was not one of them.
What does the community think of this?
This smacks of ...
While higher highs and higher lows are in tact you can buy in buy zone to maximise positive gains.
This one's a HODL for me so no target in sight. Stoploss is at channel support or when lower high and lower lower happens.
Green shows where the price has retraced to close the GAP.
Red shows a growing GAP that needs to be filled. Never in the history of BTC has this GAP not been filled so...
If you're experiencing FOMO ("Oh no, I missed the big move"). Don't fear. The price should retrace at some point when some bad news come out or something like that. This will be your ...