It looks to me like this will need a revisit in November. But from the looks of it, a correction takes this to $20+ by November, then it becomes tempting to sell. Or keep it for the Divs it pays. Either way, Come November, I will decide one way or the other.
I want to see where the price was going and where to sell it. The convergence of several intersections happen to be at the same time as the end of the free money from Cares act. For me, anytime this is at $4.11 might be a good exit point. This is also the consolidation convergence where it may spike or tank. I was hoping for north of $6 but it might not happen. If...
This is my personal chart. You may look over my shoulder if you like. I see a BTC at 6913 within the hour, and then an upswing. Jump in on the way up if you like around 6922ish and ride it for 15 days or so. I see potential if this is a bull run. Though BTC is fickle, so actually, don't do it. Lottery tickets are cheaper and have a better chance.
I see no actual value in XRP. The transfer of money is fast and temporary leaving this coin with no lasting value unless you are a bank transferring fiat. XRP itself has never had any real world value. Despite all the amazing news about Ripple, their XRP coin is all fluff.
This is MY triangle. I don't like it. There are a lot of predictions of BTC going back up, but I just don't see it. I want it, but don't see it. I hope I am wrong, but if BTC approaches the green line, I am selling. If it touches the red or gray line, I am buying. There just doesn't seem to be any chance of a moon until long past September.
This is my price watch, if it breaks out of the box, hold on to your shorts. Laterally, there will be some expected gain, if it drops, It could hit the orange price. If it goes sharper than the orange price, then we could be headed for the red zone. This is not bad, it would indicate a sale on bitcoin. I love sales. If we get another blood bath, I will accumulate...
As the saying goes, 'the trend is your friend' so down it goes. There could be a rally, but bitcoin is a fickle friend. Trust the lines, if we break through any of these lines with some strength, it may change the trend. For now, I think we are like the titanic, just playing music and watching it sink. Until the cold water of $4200 touches our feet, we will just...
This chart shows the simplest way to see the converging trend lines. Using these convergence points, I hope to find a bottom and super low entry point. as insurance, I bought $25 @ .20 I will sit back and watch the price drop to either .08 or .06, or if we are lucky, we are floored and bouncing upward and I can throw this chart out.
This is my own view. Tried to add important markers and BTC trend lines with long and short range indicators. I actually hope my prediction is wrong. the flag is quite narrow at the moment...
The long trend lines and short term lines intersect at the same approximate point indicating a bottom buying opportunity. Enhanced by RSI data, this convergence puts us at a hypothetical bottom and will allow for short or long term gains. If I had it, I would buy in at this convergence and look for 30-40% sell opportunities. If RSI data does not support the...
I am watching for a price dip here for an opportunity to buy. As stated, I am an extreme swing investor due to limited funds, there fore I only buy in on deep dips. I am looking to enter ethereum at sub $450 to add to my ETH collection.
I hated making this chart, My emotion kept me redrawing the lines, but in the end, I drew them as they should be, and this isn't pretty. If the RSI indicators are correct, the bounce could recover temporarily 15-20% before the fall to sub $200. If the recovery is lateral around the $400 mark, look for RSI confirmation and subsequent drop. A purchase at $400ish...
As with my bitcoin, I am doing this for my own buying indicators. Unlike bitcoin, Etherium has wider swings and is overall less predictable. Patterning is less reliable and this is my first attempt. From what I can tell, Etherium is in free fall and before I completed this chart, I had to adjust some lines and move my reverse Fibonacci Wedge to actually capture a...
I did this to help me decide when to buy bitcoin. I don't buy a lot, and am busy, so the little I can afford has to maximize time and effort as well as budget. I try to buy extreme low, and that way I can sell anytime for profit. So far, I have never lost on a single trade. But I may only have 6-12 trades in a year. My goal is to make money on my trade, convert it...
