Fractal from 2015's double pico bottom I will stack FIAT until : a)1-2 months of Consolidation above 31k b) price sub 17.5k Capital preservation strategy. If i rush now i may feel regret in the coming months due to price swings. Now is time for me to sit and wait... Other pico bottom indicators already tested: 200 MA, Bitcoin production cost, 4Y simple...
I'm taking this short. Obv no leverage. Will stop loss if prev. 1D candle High or close turns into supp. Otherwise taking profits on 0.5-0.618-0.66 fib.
This is what I see. Full profits on fib speedfan SL 4-5%
Huge opportunity. Will open position before breakout? Yes. Lose stop loss. Patience to take profits. I will take profits in every resistence incoming and tha final target right above ATH oppefully with a Fib confluence and RSI bearish div.
I've seen many swing failure pattern those days. Hopefully this is another case. Tight stop loss ~2% - ~5%. Take profit at 0.618 speed fan resistance or even better at the daily 32.07 resistance but this is more unlikely imo.
This idea will only be valid if RUNE/BTC also respect the middle of the channel and the fib resistence area (0.618-0.66). Possibly taking some few profits (~40%) on both weekly resistence above. I say possibly because if resistence turns into support without even having time been rejected I wont take any. If resistence are respected as they are, I would take...
Scret network is growing. Layer 1 protocols gaining traction. First dapps launched. Invalidation level for me, work as invalidation only when my orders did not get filled and it turns into support in 4H or 1D chart. Obv If orders are filled, this level turning into support is a confirmation signal to hold de position untill taking profits lvls. As always a...
Perspective in 4H I'm waiting for those levels to be taken and with it my orders been filled. Strong fundamentals; the lightest Zero-knowledge smart contracts plataform (11kb fix! ) This Layer 1 protocol had just rejected previous daily candle ATH (14 sept.). Also during November the first Snapps should come out and it might result in a catalyzer. I've...