It will happen slowly, then quickly. Patience is a virtue. Plenty of time to accumulate. There is no version of the future where this tech is not used as the foundation for how the world stores and transfers value. Each day the tech remains unbroken increases its chances. We have passed the point of no return long ago. Bitcoin BTC is the clear market leader over...
Don't see the doom and gloom that is being pushed in the media. Consumer sentiment is high. VIX is showing no fear in the market, China trade deals will be sorted and the market cares not about the govt shut down. Brexit could turn nasty but no sign of ugliness yet. A bit of chop and new highs 2nd half of the year. The everything bubble will pop but but of room...
Bottom came bank into the 50 day moving average. We have broken trend down and are consolidating in an inverted H&S patters. I like it. I am long from $836. Move up could be just as dramatic. follow my trades and results here: 1broker.com
Opened additional leveraged long as breakout is confirmed. Original position up 80% since December 31 2016. Follow my trades here... 1broker.com
This run up to 1100 fit perfectly with previous post of a Fib extension to 1100. This is a consolidation pattern def not a top. Expecting another big break to the upside. China has taken out All Time High and rest of the exchanges not far behind. The media circus will spark the fire and then chasers will chase the rabbit. UP. Follow or copy my live trades and the...
Lovely little bounce of the 50 Period MA on the 30 min chart. If this run up still has legs which I think it has, bounces off this and the 1 hour MA's will be common as the same happened in the previous BIG moves. Let's see how it goes. Nice w's too Brian Beamish!
We overshot first target and had a perfect low fib retracement which tells me this bull has a lot of momentum. Next fib up leg to $1100. Stop at $855.
New Year's marks potential massive breakout of ascending triangle that has been forming or 5 months. Big move up or big move down but BIG regardless. My guess is as follows... 1. small break to the upside (810-820, every man and his dog will open leverage longs) 2. one final push down below support to flush out the over leveraged positions 3. then it's moon / Mars time.
Looking for continuation of bull run.