Hi Everyone! Wishing you all a Merry Christmas and a Happy New Year. The market correction finally hit and I hope you all got in cheap :) Most of the team was able to position themselves well and earned healthy %'s (: I sent this chart off to the team a bout an hour ago. So at the time BTC was in the $14,000's.
Keeping it short this time:
Inverse Head and Shoulders are forming which normally translates into a bullish run northward. RSI has tipped in the oversold on all charts. We can anticipate some growth movement northward.
Market recovery towards $15-17k a sell off...back down to 14-15k and a reposition and consolidation towards new ATH of $20-25k
Great time to set up long-term positions now. Or day/swing trade.
Risk to head downwards still exists so you can position purchase orders at $12-13k.
Wishing you all well and hope you make $$$.
Keeping it short this time:
Inverse Head and Shoulders are forming which normally translates into a bullish run northward. RSI has tipped in the oversold on all charts. We can anticipate some growth movement northward.
Market recovery towards $15-17k a sell off...back down to 14-15k and a reposition and consolidation towards new ATH of $20-25k
Great time to set up long-term positions now. Or day/swing trade.
Risk to head downwards still exists so you can position purchase orders at $12-13k.
Wishing you all well and hope you make $$$.
Note
Here ya go :) Selling at $16800 buying the retrace and moving upwards from there. <deleted>
Note
Hi Guys, @zeelorenc Corrected me yesterday in regards to my inverted HnS and i already mentioned that I thought i was wrong and I do see a HnS. (see comments below).
I got out yesterday before my christmas party and will be setting myeyes on lower buy in ranges.
Note
Following it perfectly!Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
