Retracement of this whole move recently, brings the 0.5 fib retracement / trendline & the 200MA into this cheeky little green zone indicated.
Can it retracement further? Sure.
Is this a likely place for support? Absolutely.
My opinion, despite all the immediate change in sentiment on here and people swinging their brown pants around like mad screaming for 3k again.....
I’m still quietly confident that things are more than ok. I’m chilled, really.
And you know what? If you’re really worried, chuck some very cheeky buy orders in on your chosen exchange laddered down to very low levels, then even if there is some sort of savage sell off, you’ll be laughing on the bounce no matter what.
Trade safe kids,
The Colonel xxx
Commentaire
⋅
Commentaire
⋅
Look at this! Bubble!!! Complete junk. This comedy asset 10x like a madman and then retraces more than 62% in 6 months! This must be absolute garbage. No future for this joker!
Must be bitcoin.....
Oh no that’s APPLE!
Call it whatever you want. It has a very, very strong future no matter what they might choose to believe.
Commentaire
⋅
Finding good support here, as expected. Need some decent volume this weekend or more downside to come. We will see.
Nice chart. I agree with the strategy to Dollar Cost Average buy spots down to this level. Good advice and everyone can win no matter the bottom- Nicely done.
I also trust this because the Colonel has facial hair. Part of a Beard > No beard.
Thanks for the TA and explanation.
ColonelCrypto
⋅
@JBeardsly, thankyou kind sir. I really do have a beard, ergo.... trustworthy.