I see the long-term bear market coming. This is not a recommendation of buy or sell.
Bitcoin's triangle pattern is almost complete, it will finally choose one direction, up or down. I see the lower target. This is my personal opinion, not a recommendation for buy or sell.
Alright, as you can see, I made bear calls since last month, every single one of my post is about: "short, short, short". I see there are many people is refusing to accept the truth that bitcoin is so so bearish, and think "this is just a correction". This is not just a correction! I am long bitcoin for the long-term and prepared to accumulate between 7000~8000...
As I said in my previous post, we're still in a Bull Market, as we can see during yesterday's rebound, it showed a strong buying power. However, too many parts were trapped on the big top. This bull market can become a bear market if BTC break the supports. When I trade, I consider both the upside potential and downside potential. Now, this market is still strong,...
The dead cat XLM bounced from its long-term uptrend and 50MA, however, it is bearing pressure from the downtrend. If failed to break it, then it will head to a possible lower price target. This is my personal opinion, not a recommendation of buy or sell!
Recently we are experiencing the correction of Bitcoin after such a long rally. But don't panic, we are still in a bull market, at least I haven't seen any confirmation of bearish reversal for the long-term yet. I am bullish on Bitcoin for long-term, this correction gives me the great opportunity to accumulate my long positions. I might accumulate my long-term...
Almost Impossible for Bitcoin to Retrieve the Position. Bitcoin tried, but failed. It will slide unless there is a maniac buy.
I said BTC was starting to form the top one month ago, and my friends thought I am ridiculous. Now I wanna share the reasons with you guys. It might help for the trades later on.
XRP is forming a triple top, and it is breaking the trend of several months. Weak downtrend will continuously bear pressure.
Breaking through a trend line will lead to a lower price target.