Starting to think that #crypto #bitcoin #bulls have one week to turn this monthly candle #green. Otherwise things could get ugly. Never certain but as far as new money goes I gotta imagine they are waiting to see that confirmation for big entries.
Other than a small HODL bag I am in USD waiting to buy on break out above 10540. Might take some profit in the 10900 range if it struggles. However I am hoping for a straight shot to 11500 in this scenario. Honestly if we go down from here below STOP range I don't know if 10k will hold again. If that happens I will wait, reflect on my life, and most likely be...
No traditional approach here other than lining up to the trend/support/resistance lines. Just feels like a nice visual representation of the possible paths for Bitcoin. Join my telegram group for further trade talk. t.me
Talk about riding the line! What do you guys think? At this point I am going the traditional approach of waiting on the sidelines for some form of confirmation. I am not good enough yet to trade this chop. ;)
Even when I try to be a bear I think about how most bears just missed the boat and want to buy lower. Which makes me think that Bitcoin getting back to 20k is just a matter of time. Just going to continue using this volatility to learn and grow in mind and pocket until time reveals the truth ;)
I think we are seeing the distribution phase throughout August. It seems any channel I identify points to September for large market movements.. This is my first publishing and I just wanted to show a few options of what I think could happen over the coming weeks.
I have been in crypto since early 2017. My father is a traditional portfolio manager and I try to...