See below previous chart! Closed my 252 long out at 256. Small profit but I should have held on longer. SMH. Anyways back to waiting for my next move. Here we have the same situation, people taking more profit and waiting to buy back in lower. Our last dip brought us down to touch the 4h cloud where we saw a pick up of buying pressure at 252. Using the...
Just read the notes every thing is very visual on my charts
After this downtrent movement we seem to be having with low volume is over ( I expect it to bleed out slowly ). We should come back and test the bottom of the cloud, which is where I will go long. I have high expectations for this.
Seems like this is the range where everybody is taking profit. I expect it to go down and touch where we lost support and mooned
Looking to long again after a retrace!
I will be watching this zone to see if it bounces and if it does im going long again. If no bounce, ill long at the second highlight.
Bitcoin is finally becoming "real" in the world and is here to stay. These low prices wont last forever! Before I go into detail about this. Look at the daily chart with HA candles. You can see multiple days of slow accumulation before this spike, which is extremely bullish if you ask me. Especially after we hit historic lows @ 166 of an asset/technology that is...