Hi Everyone! Wishing you all a Merry Christmas and a Happy New Year. The market correction finally hit and I hope you all got in cheap :) Most of the team was able to position themselves well and earned healthy %'s (: I sent this chart off to the team a bout an hour ago. So at the time BTC was in the $14,000's.
Keeping it short this time:
Inverse Head and Shoulders are forming which normally translates into a bullish run northward. RSI has tipped in the oversold on all charts. We can anticipate some growth movement northward.
Market recovery towards $15-17k a sell off...back down to 14-15k and a reposition and consolidation towards new ATH of $20-25k
Great time to set up long-term positions now. Or day/swing trade.
Risk to head downwards still exists so you can position purchase orders at $12-13k.
Wishing you all well and hope you make $$$.
Keeping it short this time:
Inverse Head and Shoulders are forming which normally translates into a bullish run northward. RSI has tipped in the oversold on all charts. We can anticipate some growth movement northward.
Market recovery towards $15-17k a sell off...back down to 14-15k and a reposition and consolidation towards new ATH of $20-25k
Great time to set up long-term positions now. Or day/swing trade.
Risk to head downwards still exists so you can position purchase orders at $12-13k.
Wishing you all well and hope you make $$$.
Note
Here ya go :) Selling at $16800 buying the retrace and moving upwards from there. <deleted>
Note
Hi Guys, zeelorenc Corrected me yesterday in regards to my inverted HnS and i already mentioned that I thought i was wrong and I do see a HnS. (see comments below).
I got out yesterday before my christmas party and will be setting myeyes on lower buy in ranges.
Note
Following it perfectly!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.