Long

I See Upside til 10K BTC then a 50% Chance of Pullback to 50 MA

I drew a few things to look for in this chart. Do not overthink this market, that is how you will lose money. Keep an eye on RSI and Stoch RSI which i have here for you. I have the 50 day MA and drew 2 lines of support. I see BTC going to at least 10k before any chance of significant pullback. It could blast through 10k, then I would look at 13k and 18k as next resistance. If we do start pulling back around 10k, expect it to bounce off of one of the two lines I drew, then the 50 day MA here. If it goes through that, I would sell, and wait for the market to bottom and capitulate for a week or so, probably around 7.5-8k level. I do believe we are in a 2 year bull cycle, so just hang on and HODL if you don't want to get caught with your pants down trading. It will likely not be worth it, unless you trade full-time and know what you are doing. Right now my favorite alts are ETH, LISK, BAT, RDD, and PPT... PPT in particular looks prime for a 3-5x move anyday. Anyways, enjoy the ride fellas. The view of earth from the Moon is glorious. :-)

Donations:
BTC : 18LQbEMKRp7UkqT1mWCJs81BEoispm3SEP
ETH: 0x1F43C5282450e68A9e76584e36D8b94eD1EB929d
LTC : LSv4dUP8559kFmjNnmttep2X7qnC2ZtMQW
RDD: RaWzTUydbZFATK5UPAQ35GTewvnW3PeRSD
LSK: 14651053185914359998L
XRP: rH5DcvFi6TrScTPUhnTygMRdrVukuTqaeR Tagline: 0
PPT: 0x1F43C5282450e68A9e76584e36D8b94eD1EB929d
BNB: bnb1n3kf3alf3uughuc4u5fgmauhfen3lprs9lrc8p
Paypal: nicksnydz61gmail.com

NickSnydz

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