dsteaves

dsteaves

BCHUSD on the weekly timeframe is looking bullish. It appears we may have a golden cross happening, with the 50 weekly (green line) about to cross over the 200 weekly (red line) moving average. Also, BCHUSD broke out of a descending channel to the upside further bolstering a bullish case. The monthly looks like it will close as a bullish pinbar too. I think...

dsteaves

Wow! Its been a great run- up thus far huh? I realize it may go up further, but I'm quite happy with profits taken off the table. I have a little bit left to sell in case it does run up more, but overall, I'm doing just fine. The chart shows where I'll start to dollar cost average back into bitcoin. Red area is where I'll start to do small weekly buys. ...

dsteaves

I believe we are in amazing times for accumulating BTC, provided you have a long enough time frame. I'm thinking 5-10 years at least. Dollar cost averaging has been far more successful for me than any type of trading, and it takes far less of my bandwidth and time. My strategy has been really simple: when price is within the yellow box, I purchase 5$/day. ...

dsteaves

Nothing much has changed since my previous post on the dollar cost average, DCA, strategy for accumulating BTC. I've adjusted the green and yellow boxes a bit, and adjusted the Fib levels a hair. But, my simple long term strategy (many years out) is to buy 5.00 worth BTC every day, regardless of price, when it is within the yellow box. IF price goes into the...

dsteaves

XTZUSD has my attention because of a 4 hour bullish trend change going on right now. On the 4 hour chart, I'm looking at a higher low, higher high, to double bottom pattern. On the daily chart, multiple inside bars, in the middle of a descending wedge support the probability of bull break. Nearby Resistance lies at 7.14, and 7.41. Nearby support is 6.14....

dsteaves

The chart reflects an easy strategy to dollar cost average, DCA, and is super easy to implement. My timeline for investment is years out, so if you are a day or swing trader, move on please. Now for the chart: The yellow box represents an area that I will purchase 5.00 $ worth of BTC per day, every single day, regardless of price. The green box represents...

dsteaves

For BTCUSD , right now I'm on the sidelines. Price action on the weekly timeframe is testing the bottom border of the yellow box (area of structure), and if/when it breaks to the downside, I'll be a buyer. Same with the upper border of the yellow box; if/when it breaks to the upside, and confirms, then I'll look to buying. Basically, my bearish play is a DCA:...