Hey guys, this is Andy who is sick of following the market 24/7 with the small view such as chart patterns which has been changing all the time.
This post will be my diary of new strategy.
I will focus on MA, Volume, Stochastic, RSI, and Elliot waves.
I am pretty sure (maybe 100%) that BTC will go down one more time. I am not the god, so I can't tell which one...
Here is Andy again to show you the big picture of BTC.
What if you guys see BTC as a big picture?
There are two possibilities, but before mentioning about it, I want to talk about "DOW Theory"
- As we can see, the low points have gotten higher and higher (3000 ...5000...6000.... and ? )
Last year, BTC skyrocketed too much, so this price down of...
What up guys.
I am gonna post a simple chart again about BTC.
As you can see, BTC got out from the long term bullish trend channel, which has supported BTC from 6,000.
Also, when BTC is in a bullish market, it usually get supported by 0.382 retracement line when price gets down.
Well, I am not saying to you that you should sell it or buy it - but it is...
What up guys!
I just want to post a simple chart, which everyone can see (or maybe not)
You can clealy see that ETC/BTC chart just went out from ascending trend channel.
No wonder you know the impact and power of the ascending trend channel.
I am not gonna say about buying or not, it is all your decision.
But, be careful to buy it if you are about to buy...