Risk too high for long term investments. DGD needs to use Fib levels to find support if it wants to go lateral. Currently in downtrend.
Big moment. Reached 2nd support.
Red line is support, other lines below are stronger.
Support lines represented by the blue dotted line and thick red line are far away, fib retrenchment lines will act as support for now. Red triangle is oversold area.
Are we close enough to the bottom ? Long term hold possible for the right price. I will be very optimistic if it doesn't brake current support.
I expect it to go in the green square. In case it goes parabolic I will sell around that area. If you don't like the fib spiral ignore it and just look at the support and resistance lines.
BTCUSD If you are new and have patience, this could help you start.
As a bonus all those price spikes suggests some hype.
Respecting those lines. Moment of truth!
Checking APPC on binance for some nice low market cap action. Because of the low market cap I won't cash out for a while. If all goes well I will raise my stop loss in one or two days.
Price could be related to the unlisted gigantic market cap. Do people realize how far this coin got? Will look for reasons as to why this coin got so high.
Fib replacement considering the 2 very similar patterns. A bit under 30K is the first target.
Considering everything, I am not selling BTC for fiat even at 30K. Thank you technological utopia, this is getting weird. RSI really grabbing my attention now.
Great lesson: Mess with BTC, you mess with crypto. "Flippenings" are the biggest danger to the crypto market. First BCH, ripple and then ETH > Cascade effect. Never try to replace BTC, when you are about to win, everyone looses. Feeling great, I dont know about you but this for me is one of the best moment in crypto history, after this BTC is going to be...
The Fan can be highly suggestive, fan starts at key timezone. TRX goes wild thanks to the CEO, watch for news, high risk market.
Short when it gets over 38,000 $, or above 35K if it makes some bad patterns. Also thanks China, this was interesting. Now we get to see in the next weeks the biggest economic boom of the century. Stop loss at 0$ Don't invest money you can't loose.