Jamesond

Jamesond

Bitcoin has been trading pretty clean lately. Heres my game plan....If we get 3 hourly candles to hold on the bottom of the upper channel, Im adding to my position in the 103k area long. If it breaks down and gives confirmation of breakdown then im flipping short to the levels we saw yesterday.

Jamesond Updated 

Most of the bullet points are in the chart. If all we do is hold this channel we will hit 115k by eoy. If we get good news out of Microsoft this Tuesday 125k+ wouldn't surprise me. Wont be long before the longer timeframe moving averages will cross the 100k level which will hopefully be giving us support. Happy Sunday!

Jamesond

Rejected with a double top. If it breaks down out of this flag we could see some correction in the next day or two. Price targets are circled, personally i'd take 35%, 30%, 20$, 10%, 5%. Stop above the VWAP ~.465. Not Financial Advice!! Make your own decisions and do your own research!! I will not be taking this trade since I don't like shorting crypto...

Jamesond

Bitcoin has accomplished remarkable growth against all odds. .BTC is not a currency like most think of currency, but rather an appreciating asset with better liquidity than gold and real-estate. You don't need to have ten's of thousands of dollars saved as a down payment on a house that will appreciate over time. You can live in a country where your...