Long
STRAT
Late publish- only adding for my tracking purposes.
Same repeating alt coin pattern. Altcoin BULL price cycle starting soon
LONG
- broken downtrend
- higher lows (first sign of ending accumulation phase, and entering markup phase)
- demand zone
- historic Support and Resistance
- Elliot ZigZag Wave Complete 5 impulse, 3 correction, 5 impulse
- Fibonacci Retracement
I'll try to do better given accurate timing of active trades.
My Current Trading Plan
- 15% day/swing Trade- trade with trend- buy breakouts
- 85% investing- Buy at bottoms and HODL for multiple minor price minor, skim profits at each Elliot Wave 5- to repeat process and accumulate. Remainder of volume left for entire Major Price Cycle -or close to it- hopefully ;).
Same repeating alt coin pattern. Altcoin BULL price cycle starting soon
LONG
- broken downtrend
- higher lows (first sign of ending accumulation phase, and entering markup phase)
- demand zone
- historic Support and Resistance
- Elliot ZigZag Wave Complete 5 impulse, 3 correction, 5 impulse
- Fibonacci Retracement
I'll try to do better given accurate timing of active trades.
My Current Trading Plan
- 15% day/swing Trade- trade with trend- buy breakouts
- 85% investing- Buy at bottoms and HODL for multiple minor price minor, skim profits at each Elliot Wave 5- to repeat process and accumulate. Remainder of volume left for entire Major Price Cycle -or close to it- hopefully ;).
Trade active
For my tracking-Late publish -bought early November
Averaged in at $3.05
Trade closed: target reached
Booked profit on all mid to long term HODLI'll be cash for BTC Futures.
I am not sure what will happen as lots of hype in both directions. What I do notice thou, is the public is rushing in to buying BTC as fast as possible during an emotional Elliot Wave 5. FOMO. Sheep follow the masses and sheep get slaughtered. Buy low and Sell high, not buy at the ATH. Professionals= anticipate. Amateurs/Public= React.
When random second tier friends are ringing your phone off the hook about BTC, probably time to book profits. If wrong just buy back in on December 11.
BTW I am extremely BULLish on BTC and cryptocurrency but will be safe on the sidelines for this potential bump in the road.
Note
Reviewing my trades from today- and reread my latest ideas. That as not a very nice last post. Sorry guys.I shouldn't of said that- "random second tier friends". I have been getting called the last few days by people I don't know who got my number somehow- I am very happy to help, if I have the time.
But it does signal that the public has entered the market. And we are def in the markup phase. This will be followed by distribution. Wall street has made much of its money for doing the opposite of the masses. Wall Street enters the market December 10.
good luck sorry again
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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.