Bitcoin is about to have the Smma golden cross that i am waiting for a year now Following investment rules, even knowing this is a very risky market, this would be the best long term buy signal for Bitcoin, can't be more clear.
Commentaire
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hallelujah! happy bulltrend to everyone who is still there
Can't decide if this is more like late 2015 or mid 2014 fake out. Fibs and moving averages say 2015, NVT and timeframe says 2014.
This is why I'm so glad I learned to trade during the bear market. It doesn't matter which way we go if we know how to react. I bet I'm not the only one who has done well lately...
Giovi6969
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@IkemenJ,
Imo if this current move were a bull trap to new lows like in 2014, it should have happened around the 6k area
It recently happened after a 84% drop, odds favour a bull run start
agent474
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Well, a small retrace here is inevitable, we need to close a gap at $7150. But I think that 7k support will make it and after gap closing we'll turn back to the sky:
IgorPorokh
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@Giorgioversace Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end
MrRenev
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Maybe we go to ath and we get the easiest generational short ever. I'll open that short with the money I make shorting on the way up :D
Then super easy money on the way down as ponzi/usd retraces on every single resistance/support.
Giovi6969
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@MrRenev,
Lol are you expecting the double top of the century?
This is why I'm so glad I learned to trade during the bear market. It doesn't matter which way we go if we know how to react. I bet I'm not the only one who has done well lately...