$QBTC looks ready for another Monday gap up at the North American markets open. Tp3: 68.46
Had no choice, sold off some stocks that show little promise (bad investments - that's on me), to add to QBTC in both USD and CAD late morning. If BTC Breaks above this descending Trend-Line, it can move up to 24 K in a hurry. I still favour a correction lower in the next couple of weeks and hope that I have cash available if it happens. In the meantime,...
Hi everyone, Canadian should be proud to get the first Bitcoin ETF. I would like to share my analysis with you. There is 4 gap up to watch (possible retracements) : Maybe you know but Gap up are not always covered. bottom of gap 1 : 25.45 bottom of gap 2 : 22.99 bottom of gap 3 : 15.82 bottom of gap 4 : 11.61 Negative Points found / short term -Price is now...
I have no illusions that we are going to 100 or 200K in a straight line. Bears gotta eat too. We have yet to properly consolidate the move above 20K, also corrections are healthy. Last sizable correction was 15%. From here, if that 4hr candle closes red, we might get that healthy 10-15% correction to about 20,500 or even lower, even a 20% down from here would be a...
Not selling obviously, taxes at this point and conversion would not make sense for me, therefore I will add, but through QBTC - may also buy a little extra actual. Support by fib drawn from March to Now puts 19,000 as an ideal entry for adding, or for the very brave, starting a position in BTC when the correction comes. Corrections will always happen, BTC will...
hopefully before end of day, starting positions in QBTC for investment accounts, play money in USDTFSA and CADTSFA. Have actual BTC, but this I can hold in a tax shelter. Target below 200 MA on the 4hr for a starter position. May cut initial position size by half if price does not co-operate because the discount from ATH is still fairly decent.
GXSChain is a coin with 100mils supply with 60% of it on circulating. One of it's biggest volume on the market is against CNY. Yes, China Yuan! Meaning chinese love this stuff or some whale of Chinese grind on this chain. Charts looks quite bottom at the moment on the 4HR time frame the RSI so oversold, looking forward for some swinging movement upward. My...