Bitcoin2018
GUPPY - BTCGOOD MOMENT TO BUY:
BUY 0.00002100-0.00002150
GOAL 1: 0.00002380
GOAL 2: 0.00002930
GOAL 3: 0.00003350
STOP LOSS: 0.00001800
IMPORTANT BITCOIN NEWS! Hello My Dear Supporters!
Lets get our 2018 High! We are chasing it, we are moving, we are getting there, the market will turn and we will be back making massive profits!
Soon all we will see is green!
Bitcoin Daily Telling us its still a buy!
Bitcoin has rallied back strongly through February. On the Daily chart we in the last three days we have seen the break above the 50 EMA, then a retest below yesterday, and today a break back above. This is a classic ABC pattern (Advance Through, Pull back, Continue to Advance). Today’s Daily bar looks likely to close above the 50EMA and confirm we are back in Uptrend. That’s Great news for Bitcoin Holders and buyers. We are headed in the right direction, bring on the cash!
While we are likely to have a Daily trade set up, this also makes it prime time for BUY Trades on the shorter Timeframe. We will advise them as we see them set up.
Back to the Daily Chart, yesterday’s sharp pullback was due after 4 buying days and brings the market back into a more normal buying area.
All I need to buy is for today’s bar to close above the 50 EMA. If it does close above the 50 EMA then this is where the aggressive investor will enter. It’s a reasonable play in this market.
The conservative entry is to Buy the high of the bar, based of the current high that would be $11,050.00
Stop Loss set at recent support of $9,948.30
Targets are just before the Blue lines
$11,835.00 Target 1
$12,762.00 Target 2
$14,937.00 Target 3; Where we want to be!
Please watch the light blue trend line as a possible resistance. If it holds up price then close some of your position and move stop loss to entry.
Feel free to follow us for regular updates! PS. We are also killing it on the alts if you want to make some real cash!
Daily Quote
"In investing, what is comfortable is rarely profitable." - Robert Arnott
At times, you will have to step out of your comfort zone to realize significant gains. Know the boundaries of your comfort zone and practice stepping out of it in small doses. As much as you need to know the market, you need to know yourself too. Can you handle staying in when everyone else is jumping ship? Or getting out during the biggest rally of the century? There's no room for pride in this kind of self-analysis. The best investment strategy can turn into the worst if you don't have the stomach to see it through.