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Long-term-bullish

BTC Long term analysisVolatility is higher then in previous cycle. That means what BTC did in two steps (runs) before, now did in the big one. Bigger run means a bigger correction. As you can see we are now under lowest orange line. So we need to get back into the zone and than we can see another big run. We need also to get above 21 MA daily and 0,618 Fibonacci retracement to start a new run. This cycle is very different than previous, that is sure! We had never seen closed under 21 MA weekly, correction higher than 45% and RSI weekly under 55 in a bull market. Unless it was a fake bull run. So will we see 3500 again? Finding support there and lets start from the begining... That scenario is likely not going to happen and we will be back on the track soon! :)
BITSTAMP:BTCUSDLong
by alessi96
Opportunity To Long For The Ones That Missed Our Previous Long!Hi, I would like to share My positioning on this BTC Price Action. First of All, Congrats to everyone that manage to buy and accumulate on the safe zone(7500-7800) as described in the previous BTC chart. For Everyone that want this to explode, yes, it will. But after another last accumulation. You can look how we still playing on the first fractal chart , for now as it indicates the bottom is in and now it would make a test of the Resistance line now that would act like support line. We have a Nice Breakout above the bearish channel that I was posting each time to short. Now, We would use it in this case as Support. Also this range between 8500-8800 make many points in connection, We have previous resistance acting like support, we have the 0.382 fib retracement, and also the recent CME gap. Again purple lines are = critical points on 2017. Now, Is a different time, price moves quicker but still levels of those critical points are important. TP: You make your own TP, our goal is to accumulate BTC and keep it for the next high. Note: This pattern would be complete invalid if the price go below 0.236 fib retracement and start closing candles 4h/daily on that area. Recommendation: Trade safe with SL. Again This is considering the time I was mentioning on other charts. Prepare the BTC accumulation and lets wait until January-February for the hype to start breaking and making new highs. GL! PD: The critery Your criteria your inner voice has to be superior . The history of the market, the narrative of the market that you carry whatever you carry, has to be superior to everyone's. Even if everyone tells you otherwise and is your own people. You have to believe in your criteria, if you are wrong you have to get out of trade is with the market, not the ideas of others. Is the market that tells you that you are wrong and for that you have to have your own knowledge and your own Criteria.
BITMEX:BTCUSD.PLong
by DisciplineIsBetter
1
BITCOIN - The Chinese Crypto Narrative - Part 8 The Chinese Crypto Narrative We know it’s been a little quiet around here, but that’s only appearances. Let’s dive into the biggest news that’s fit to print in recent weeks – the Chinese crypto boom. A couple of weeks back, Chinese President Xi Jinping declared that blockchain is so vital to the next phase of Chinese economic growth that the country will embrace and implement it across several sectors. That announcement was followed up yesterday by the Chinese Central Bank’s declaration that blockchain can solve many problems the country’s banking industry faces. Jinping’s surprise statement gave bitcoin a 40%+ boost, the largest 24-hour surge seen since 2011. It was the definition of a face-melting run, and had us floored with disbelief. Predictably enough, Chinese altcoins went on insane rallies of their own, with NEO, ONT, QTUM, and VeChain posting massive gains. Within 48 hours after Jinping’s statements, coins with even the slightest Chinese connection had seen a jump. Where does that leave BTC now? The Chinese crypto narrative has been amazing for crypto in the last two weeks. BTC rallied to back over $10K, despite it dumping back down into the high $8K region today. That’s alright – remember, we were headed precipitously lower before Jinping stepped in, with many indicators pointing to the $6Ks. Instead, we broke back above the trend line and back into contention for a great end of year. Tellingly, the boost given to BTC came in the form of a quadrupling in 24-hour volume. BTC volume nearly hit $50 billion – a clear ATH, and a sign that there is a crazy amount of money sitting sidelined, ready to pour into the market at the right moment. Watch NEO and ONT Yesterday, it became clear that BTC would need new impetus to continue the rally, but it appears that the China narrative is cooling off for now. Because we believe that narrative is providing the single biggest propulsion to the market (at current), we’re watching NEO and ONT as indicators of that narrative’s health. With NEO and ONT pulling back from their monstrous rallies, we’ll probably need to wait for some additional interest from Chinese market participants, or a relaxing of crypto trading rules by Beijing. Despite Jinping’s bullishness on blockchain, trading crypto is still banned in China, and the government explicitly warned against speculating on crypto investments. Altszn? Bitcoin’s sideways action and slight dumpiness have happened without a corresponding loss of altcoin gains made on the ratio. The relative stability of altcoins makes us slightly hopeful about what Q4 may bring us in terms of a sustained alt season – something we’ve waited for very patiently. As such, we’re keeping an eye on ETHBTC as a leading indicator for the health of this potential, while also actively hunting setups. Well keep you updated as this timely issue evolves. Well keep you updated as this timely issue evolves. We go together Together we are stronger Share and like I am not Bearish long term. I am a Bull of Bulls. Thanks God bless you! =============================================================================== Twitter > twitter.com =============================================================================== CAUTION! DISCLAIMER Trading is risky. Here s a small explanation about why Im giving insight into my trades. Crypto is all about trust and transparency and that is what ID like to bring. Dont expect me to tell you how much crypto I actually own because thats none of your business. But I Will tell you how big my position will be in regard to my trading portfolio. Secondly and actually the main reason im doiing this, is to proof to all the HALTERS out there that you can earn money with trading crypto. Most people are skeptical about trading because they heard horror stories about people who lost all their money. Follow my journey and let me proof therm wrong. At the end of the day, the most important thing is how good are you at risk control. Booking some losses during trading is perfectly normal, so im not afraid to show those losses. Most traders dont give any insight in what they because they perfectly know they suck and dont have a clue what they are doing in regard to risk management. Risk comes from not knowing what you're doing. Just like every trader, Ive seen ups and downs in my journey. I started trading stocks. And you can guess what that meant for my portfolio. Yes thats right, it was almost completely wiped out. But I pressed on, learned a lot about technical analysis and here we are. I have experience in trading stocks, options, and commodities . So you can assume that I know how to deal with risks. =============================================================================== $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #BuyTheFear #BuyTheDip @btc @RedditBTC #CRYPTO #BITCOIN #BTC ===============================================================================
BNC:BLXLong
by ferGOD
3
BITCOIN - The Wyckoff MethodWhat is the Wyckoff Method? The Wyckoff Method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies initially designed for traders and investors. Wyckoff dedicated a significant part of his life teaching, and his work impacts much of modern technical analysis (TA). While the Wyckoff Method was originally focused on stocks, it is now applied to all sorts of financial markets. A lot of Wyckoff’s work was inspired by the trading methods of other successful traders (especially Jesse L. Livermore). Today, Wyckoff is held in the same high regard as other key figures, such as Charles H. Dow, and Ralph N. Elliott . Wyckoff did extensive research, which led to the creation of several theories and trading techniques. This article gives an overview of his work. The discussion includes: Three fundamental laws; The Composite Man concept; A methodology for analyzing charts (Wyckoff’s Schematics); A five-step approach to the market. Wyckoff also developed specific Buying and Selling Tests, as well as a unique charting method based on Point and Figure (P&F) charts. While the tests help traders spot better entries, the P&F method is used to define trading targets. However, this article won’t dive into these two topics. The three laws of Wyckoff The Law of Supply and Demand The first law states that prices rise when demand is greater than supply, and drop when the opposite is true. This is one of the most basic principles of financial markets and is certainly not exclusive to Wyckoff’s work. We may represent the first law with three simple equations: Demand > Supply = Price rises Demand < Supply = Price drops Demand = Supply = No significant price change (low volatility ) In other words, the first Wyckoff law suggests that an excess of demand over supply causes prices to go up because there are more people buying than selling. But, in a situation where there is more selling than buying, the supply exceeds demand, causing the price to drop . Many investors who follow the Wyckoff Method compare price action and volume bars as a way to better visualize the relation between supply and demand . This often provides insights into the next market movements. The Law of Cause and Effect The second law states that the differences between supply and demand are not random. Instead, they come after periods of preparation, as a result of specific events. In Wyckoff's terms, a period of accumulation (cause) eventually leads to an uptrend (effect). In contrast, a period of distribution (cause) eventually results in a downtrend (effect). Wyckoff applied a unique charting technique to estimate the potential effects of a cause. In other terms, he created methods of defining trading targets based on the periods of accumulation and distribution. This allowed him to estimate the probable extension of a market trend after breaking out of a consolidation zone or trading range ( TR ). The Law of Effort vs. Result The third Wyckoff law states that the changes in an asset’s price are a result of an effort, which is represented by the trading volume . If the price action is in harmony with the volume , there is a good chance the trend will continue. But, if the volume and price diverge significantly, the market trend is likely to stop or change direction. For instance, imagine that the Bitcoin market starts to consolidate with a very high volume after a long bearish trend . The high volume indicates a big effort, but the sideways movement (low volatility ) suggests a small result. So, there is a lot of Bitcoins changing hands, but no more significant price drops. Such a situation could indicate that the downtrend may be over, and a reversal is near. The Composite Man Wyckoff created the idea of the Composite Man (or Composite Operator) as an imaginary identity of the market. He proposed that investors and traders should study the stock market as if a single entity was controlling it. This would make it easier for them to go along the market trends. In essence, the Composite Man represents the biggest players (market makers), such as wealthy individuals and institutional investors. It always acts in his own best interest to ensure he can buy low and sell high. The Composite Man’s behavior is the opposite of the majority of retail investors, which Wyckoff often observed losing money. But according to Wyckoff, the Composite Man uses a somewhat predictable strategy, from which investors can learn from. Let’s use the Composite Man concept to illustrate a simplified market cycle. Such a cycle consists of four main phases: accumulation, uptrend, distribution, and downtrend. Accumulation The Composite Man accumulates assets before most investors. This phase is usually marked by a sideways movement. The accumulation is done gradually to avoid the price from changing significantly. Uptrend When the Composite Man is holding enough shares, and the selling force is depleted, he starts pushing the market up. Naturally, the emerging trend attracts more investors, causing demand to increase. Notably, there may be multiple phases of accumulation during an uptrend. We may call them re-accumulation phases, where the bigger trend stops and consolidates for a while, before continuing its upward movement. As the market moves up, other investors are encouraged to buy. Eventually, even the general public become excited enough to get involved. At this point, demand is excessively higher than supply. Distribution Next, the Composite Man starts distributing his holdings. He sells his profitable positions to those entering the market at a late stage. Typically, the distribution phase is marked by a sideways movement that absorbs demand until it gets exhausted. Downtrend Soon after the distribution phase, the market starts reverting to the downside. In other words, after the Composite Man is done selling a good amount of his shares, he starts pushing the market down. Eventually, the supply becomes much greater than demand, and the downtrend is established. Similar to the uptrend, the downtrend may also have re-distribution phases. These are basically short-term consolidation between big price drops. They may also include Dead Cat Bounces or the so-called bull traps, where some buyers get trapped, hoping for a trend reversal that doesn’t happen. When the bearish trend is finally over, a new accumulation phase begins. ... For additional reading on the subject, the article is the purpose for which we wish to share it with you all here www.binance.vision school.stockcharts.com
BNC:BLX
by f3rG0D
Bitcoin Long Term TrendGood evening ladies and gents. I have spotted Weekly Hidden Bullish Divergence on the MacD as well as RSI Bullish Convergence. These are both starting to round out. I am aware that many people are looking for a measured move down to around the 6800-7400 area, but that may not happen. Still could of course, but looking at the larger time frames, it's looking less likely ;) . I'd also like to mention the alt coins and where they are at. A lot of these alt coins are at the bottom of their overall bull trend showing Hidden bullish divergence, regular Bullish Divergence and Bullish Convergence. Too many coincidences for this to be just another random idea. These are actual technicals that I am displaying. This chart is on the log scale by the way! We have been in a down sloping channel for the last few months now after a large rally from our 3k bottom. We have only retraced 38.2% of the way. We are in common retrace areas after an impulse. So Price reversal from where we are at is most certainly possible! This is the .382 on the log scale! On the Linear scale, you have retraced over 50% of the way and nearly hit the .618 which is at $7200. In my chart, I have depicted two measured moves. This is a potential bull pole, bull flag pattern. In that case, the measured move takes is perfectly on the Log Scale at the 1.414 Fib extension around $42k. That is right, I fucking said 42k. Just an idea for now of course. This isn't certainty. The Gaussian Channel Tool is also teal on the Weekly time frame. Currently testing the top of it ;) I wish everyone a wonderful rest of your day and night! Twitter: twitter.com If you want to be a loving supporter of me and my "ChArtworks" $BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z $LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn $ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9 $x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc Donations are never required but they are seriously very appreciative! Your Supportive comments and follows are just good enough too :D <3 Join the best Crypto and Technical Analysis Community in the world! Discord: discord.gg (Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!
COINBASE:BTCUSDLong
by ChArtWorks_TechnicalArts
AUDJPY LONGI like this set up for multiple reasons. My confluences are : Bearish structure has been broken 62% on Monthly fib 70% on weekly fib Red box = Mitigation zone on smaller time frame. Discounted price for a buy Accumulation Above price currently there are more areas of liquidity and imbalance to feel which grows my confidence in believing this to be a high probable trade set up. This is a trade i have been holding now since 9th October and intend on holding this taking partials along the way. Really like this set up so so lets see what happens! For my educational ideas and market outlooks please click the link in my bio and get free access.
Long
by LitCap-Vell
1
TRON - $TRX - Are you ready for the next leg higher? We had a minor 5th wave so the expected retracement followed... Are you ready for the next leg higher? Everything goes according plan. But the bulls have a lot of things to do... The trading Up 28% since my last update which, marked the absolute bottom. Breakthrough that rising channel Movering towards 223 sats I believe that there is still more upside ahead! The potential on this one is huge! We closed above (weekly chart) 170 satoshi! A great signal! We here go #TRXBTC #TRON $TRX #CRYPTO @justinsuntron
Long
by ferGOD
1
Opportunity to long Before Halving! Read the note section.Hi, I would like to share My positioning on this BTC Price Action. First of All I would say that I'm glad with Everyone that was trading with the signal and even kept the 10800 Short. Congrats! Now for the next Months BTC will do a little of sideways on this range that opens from 7500 to 8900, before another shaking movement. If any of this points break, would be breaking the sideways consideration. For long term trades we would look to open longs on the Green Rectangle zone that would be from 7450 to 8100. (And a more safe range between 7500 and 7800) Some people were writing to me what those purple lines are. They were critical points on 2017. Now, Is a different time, price moves quicker but still levels of those critical points are important. Note: This pattern would be complete invalid if the price go to the Red Rectangle zone (6700), Directing the price to go down due to sell pressure and looking for 5k level. Recommendation: Trade safe with SL. This is considering the time I was mentioning on other charts. Prepare the BTC accumulation and lets wait until January-February for the hype to start breaking and making new highs. GL! PD: The critery Your criteria your inner voice has to be superior . The history of the market, the narrative of the market that you carry whatever you carry, has to be superior to everyone's. Even if everyone tells you otherwise and is your own people. You have to believe in your criteria, if you are wrong you have to get out of trade is with the market, not the ideas of others. Is the market that tells you that you are wrong and for that you have to have your own knowledge and your own Criteria.
BITMEX:BTCUSD.PLong
by DisciplineIsBetter
Bitcoin - Back in BusinessCryptomaniacs crew! Like a wearying prizefighter, BTC is doggedly remaining in the ring despite appearances of fading energy. Bitcoin, along with the rest of the cryptocurrency market, is currently amidst an unmitigated period of indecision. Then again, you cant really complain about $10K BTC. Especially when global buyers have repeatedly stood their ground to say this is what one bitcoin is worth. As crypto traders, were used to two market modes - !Mooning and !Dumping. As a demographic of traders, cryptomaniacs (as famed technical analyst Peter Brandt calls us) probably have no idea how to handle periods of indecision. Shouldnt we be celebrating these moments of comparatively low volatility? Is this not bitcoins store-of-value argument in proof and deed? Of course, if is true for bitcoin, then its day-to-day moves will be more incremental. That doesnt mean BTC cant or wont achieve the stratospheric values we hope for, but it might not get there as quickly or decisively as everyone wants. The drop and retest of the $10K marker happened on low volume that failed to challenge support in that area substantively Bitcoin is currently trading at just a touch above $10,200. It fell abruptly to this level after a swift rejection during its pursuit of the $11K zone. BITCOIN found renewed vigor as it unexpectedly jumped from $9,400 up to $10,700. The run-up from $9,600 was particularly vigorous. The latest move confused anyone seeking logic behind it. That attempt, though promising, signaling disinterest around current prices, Even now, volume remains shallow, however, despite this interruption of BTCs march toward the moon, we want to believe it correspond very nicely with the news that VanEck SolidX is offering a limited bitcoin ETF to institutional investors, and ecosystem Crypto Loan Industry. Bitcoins narrative, which has been lacking in recent weeks, is beginning to regain strength as Bakkt comes into the frame along with an ETF decision looming on the horizon. Bakkts physically-settled bitcoin futures are due to go live on September 23, and shortly after, on October 19, is the SEC final deadline for ruling on the VanEck/SolidX Bitcoin ETF. Of the various proposals delivered to the SEC, the VanEck/SolidX ETF is roundly believed to have the best odds for approval. Market sentiment needs a narrative. Without an objective on the horizon, even if its a source of insecurity (such as the ETF, which hinges on a yes or no answer), sentiment falls away along with interest. To see how much interest has waned since BTC fell away from its parabolic advance, check the Google Trend chart at the bottom of this post. In the short term we have: • VanEcks unexpected ETF offering • Bakkts bitcoin futures live date on the 23rd • Final ETF decision arriving mid-October The takeaway is that were entering a precarious time rife with the potential for extreme volatility. Remember, volatility is not just to the downside, but to the upside as well. The possibility of reaching for the $11K-$11.5K region is crystallizing more with every daily close spent above $10.2K. Bitcoins obvious strength over the past couple of days tells us that with only an additional bit of fuel thrown in the fire, we may find ourselves firmly breaking out of the descending triangle in the chart below. A move up towards $11K may be nothing more thana fakee-outt attempt at breaking from the triangle, but banking on that by being short now is more risk than were willing to stomach. After all of these weeks spent sideways and slipping lower, it would be a real shame to watch from the sidelines as BTC retests yearly highs around $14K. Crypto Loan Industry Hitting All-Time Highs Crypto-collateralized loans are going from peak to peak as they lock-in value in the crypto-financial ecosystem. Graychain, the worlds first crypto credit bureau, recently released a report detailing the estimated $5 billion crypto loans that have gone out to borrowers up to now. The way crypto collateralized loans work is simple. Say you want to take out a loan – you choose a lender like Celsius, Nexo, Unchained, or the various other companies available, then deposit your crypto on the platform. Youll need to deposit crypto worth roughly 2x the loan amount (i.e., for a loan of $10,000 youll need to deposit $20,000 worth of collateral). Part of the appeal behind crypto loans is that you dont need to worry about credit or employment checks – the only thing that matters is that youve got the crypto to back the loan. Even if you dont, there are some companies, like Salt Lending, who let you get away with riskier loan terms. What all this means for the crypto ecosystem is that more and more people are locking in BTC, ETH, LTC, XRP, BCH, and other leading digital currencies for the duration of a loan term. Loan terms are commonly between 12 and 36 months. Its not only borrowers who are improving the HODL ratio of crypto. Lenders are enjoying the benefits of loaning their crypto on platforms like ETHLend, Dharma, and Compound at rates between 6–11% annual interest. To loan crypto and accrue interest, the process is roughly the same as borrowing – just lock it into a wallet on the platform of your choice. The emergence of cryptocurrency lending also means that there is less incentive for selling crypto to fiat. Doing so is not only a taxable event, but it also means youll miss out on potential future gains. Instead of selling, cryptocurrency investors now have the option of leveraging their holdings. Doing so not only keeps investors in the game but also holds value where it belongs – on the blockchain. Altcoins showing surprising resilience Its no secret that altcoins have been taking a crazy beating as of late. Just when you thought the bottom was in, they vaporize all previous support and head lower. Maybe that goes some way in explaining why, right now, altcoins are showing a decent amount of strength relative to BTC. Realistically, how much lower can they go? The truth is, theres simply no telling where this pit of despair ends. In a way, that is up to the developers behind altcoin projects. Broken promises, endless delays, and the faint sting of countless scams continue to haunt the industry. Nonetheless, development is happening – we just need to be patient. As the king of altcoins, Ethereum is the perfect marker for observing the relative health of the altcoin market as a whole. Ethereum, the worlds #2 digital asset, is similarly seeing price growth as investors regain confidence in its premise as a world computer and defacto public blockchain. Very recently, Microsoft released a developer toolkit for building apps on Ethereum. If that isnt a clear sign of the times, then we dont know what is. ETHEREUM (Spotlight on Scaling) As the blockchain space matures and finds widespread adoption across most industries imaginable, the question of how to scale to the demand has arrived front and center. As smart contract blockchain platforms roll out, theyre teasing their potential transaction per second speed well before discussing other similarly important qualities. The pressure to scale up to the demands of impending blockbuster commercial applications is getting so intense that some blockchains, like Zilliqa, are engaging in psychological battles. ZIL founder Max Kantelia recently stated that “…people are starting to mine Zilliqa, were beginning to see the network starting to grow and grow, so is absolutely within sight, and I would say that it could happen as quickly as the next 12 to 18 months.” Ethereums ETH 2.0 project is promising to bring sharding to the network within the next two years – however, other projects may have the upper hand well before it comes online. Coming to Ethereums rescue is the rise of new second-layer scaling projects like Matic and Celer. Using a second-layer scaling solution takes some of the heat off of Ethereum, as theyll be able to use projects like Matic to scale decentralized applications that want to use the Ethereum network to build and launch. Regardless of who wins the transaction speed war, the way the question of scaling is solved will determine much of whats to come in cryptocurrencys future. Binance driving indecision? At bitcoins indecision may be directly tied in with the fear surrounding Binance structural reorganization. Thats a nice way of saying that Binance is on the brink of axing American customers from its global service. With some estimates claiming Americans make up 30% of global crypto trading volume, shunning a financial powerhouse from the majority of assets available on Binance might be a bad thing. Theres really no telling, which also means that cryptos pseudonymity is an effective privacy safeguard. That hasnt stopped a few prominent digital assets from performing strongly in recent days. ATOM, KCS, and even ICX have shown themselves as winners in the short term, but whether theyll go the distance is another matter. Some altcoin moves are based on fundamental developments. ICON, for instance, went live with staking this month, while KuCoin announced a second anniversary BTC sale which requires KCS for participation. Binance move away from US customers is rife with unresolved questions surrounding execution. For instance, how will Binance know who is American and not? Using IP detection will unfairly exclude US-based non-American traders. These questions dont appear to be slowing the Binance.US rollout. Just a few hours ago, Binance.US tweeted that onboarding for American clients is now underway. They also used the hashtag #ThisIsJustTheBeginning when addressing the variety of digital assets available on the exchange. As always, anything Binance does is worth paying close attention to, even if your non-American Binance account is #SAFU. Either of these scenarios is likely but are by no means exhaustive of what the short term future may hold. im monitoring the situation closely and will keep you up to date. We go together Together we are stronger Share and like Thanks God bless you!
BITMEX:XBTLong
by ferGOD
11
LITECOIN - End of the wave? Bottom?Hello everyone, Here's a small explanation about why I'm giving insight into my trades. Crypto is all about trust and transparancy and that is what I'd like to bring. Don't expect me to tell you how much crypto I actually own because that's none of your business. But I will tell you how big my position will be in regard to my trading portfolio. Secondly, and actually the main reason I'm doing this, is to proof to all the haters out there that you can earn money with trading crypto. Most people are sceptical about trading because they heard horrible stories about people who lost all their money. Follow my journey and let me proof them wrong. At the end of the day, the most important thing is how good are you at risk control. Booking some losses during trading is perfectly normal, so I'm not afraid to show those losses. Most 'traders' don't give any insight in what they buy/sell because they perfectly know they suck and don't have a clue what they are doing in regard to risk management. Risk comes from not knowing what you're doing. Just like every trader, I've seen ups and downs in my 'jorney'. I started trading stocks. And you can guess what that meant for my portfolio. Yes that's right, it was almost completely wiped out. But I pressed on, learned a lot about technical analysis and here we are. I have experience in trading stocks, options and commodities. So you can assume that I know how to deal with risks. " DISCLAIMER: Trading is risky.
COINBASE:LTCUSDLong
by ferGOD
3
One for the Bulls...No TA on this one, just having some fun and testing potential scenarios for bitcoin if the halving works out positively. IF we drop further this year and remain in the bearish channel downwards, we could enter a 2nd cycle bear market which could inch the above towards becoming reality. Target here is $4500, the perfect accumulation zone. This scenario is far more exciting than sideways through 2019 towards halvening IMO, or accumulation now resulting in no cheap coins for the deal hunters waiting for a drop. These are equally valid outcomes as the market seems more confident now, adoption growing and with news and excitement surrounding halvening common knowledge, we may find strong hands supporting price at these levels ($8k - $12k...) We'll know as soon as we are out of this pressure cooker of a triangle.
COINBASE:BTCUSDLong
by Wynnsa