Warrior!
Prepare your weapons. This week end or start of next week we shall likely see a large bounce, Bitcoin is getting closer to the 9000-9500 area which is pretty strong.
We can see Bitcoin is possibly forming a bullish pennant, and the 1HR RSI is getting pretty low which usually signals a significant bounce is imminent.
We also just had chinese new year which is now over and always is followed by some buying.
All of this makes a rise in price very likely.
The goal is to look at candles and various indicators to try and buy at the lowest price, so the loss is minimal shall a bounce not occur.
If we lose that support area we could accelerate downwards so watch out.
Buy area = 9000-9500
Target = evaluate as we go, keep on eye on the chart see if the resistance get broken through. The 12000-13000 area is realistic.
We will also probably see an inverted H&S which will give us a target.
Stop loss = stop losses are for pussies. (Sub 9000 I guess but just to buy back in 8000-8900 area)
Prepare your weapons. This week end or start of next week we shall likely see a large bounce, Bitcoin is getting closer to the 9000-9500 area which is pretty strong.
We can see Bitcoin is possibly forming a bullish pennant, and the 1HR RSI is getting pretty low which usually signals a significant bounce is imminent.
We also just had chinese new year which is now over and always is followed by some buying.
All of this makes a rise in price very likely.
The goal is to look at candles and various indicators to try and buy at the lowest price, so the loss is minimal shall a bounce not occur.
If we lose that support area we could accelerate downwards so watch out.
Buy area = 9000-9500
Target = evaluate as we go, keep on eye on the chart see if the resistance get broken through. The 12000-13000 area is realistic.
We will also probably see an inverted H&S which will give us a target.
Stop loss = stop losses are for pussies. (Sub 9000 I guess but just to buy back in 8000-8900 area)
Trade active
9515 order filled.Note
Bought some more sub 9400 with what I had on Poloniex and sent that to Bitmex, GETTING READY TO SHORT *100 LEVERAGE AAAAAAAAAAHHH!Awesome.
Let's go all the way down to 9200 and then bounce here.
Every one is scared we keep dropping but they're not true spartans.
Note
Dirty bastards:twitter.com/CryptoCred/status/967437292783665154
Lmao this one is so funny:
pbs.twimg.com/media/DWpIjYMX0AAIsKq.jpg:large
Note
Target 9800-9900 then consolidate...Fall probability maybe 5-10%Note
When this clow fiesta complete joke gets regulated maybe single orders of 2k Bitcoins will be restricted.Note
Each time I go to crypto chats, discords, in particular voice chat, and see it's still dead since 6k, when it was crowded in december and january, I remember "Oh ye the noobs capitulated that dump with high volume was the capitulation and now we recovered".The chats look like ghost towns, every one's gone. But no fear, it shall be booming again, when Bitcoin gets to 50k maybe, or 100k...
It's really shocking how active all these chats were and now ... nothing...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.