CND really looking ready for take off. RSI just broke resistance on the 15min chart. This is the start of wave I think
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Brace yourself - BTC going down. Will be a good opportunity hopefully see ATLs rally and take profits. Remember not to care for the dollar value, accumulate coins.
Last edited by scooterscot; 8 February 2018, 08:45."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostBrace yourself - BTC going down. Will be a good opportunity hopefully see ATL rally and take profits. Remember not to care for the dollar value, accumulate coins.
Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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Hope it does come back down, only managed to get one bag on the train, get it reversed back into the station!
If it does drop significantly then it explains how all the main alts rose in unison, a whale pumping and now dumping.
Easy money if you have the stash to spread the board and coin it in at 30-50% a pump. Riding on the back of a whale is the new sport if you can time it right.Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
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So tempting to try and trade this at the moment. I'm not having much luck with my TA though so not really confident enough about it to take the risk.
My TA this morning on BTC shows we have done waves 1 and 2 of the short term bull impulse (wave 2 retraced almost exactly to 0.5fib of wave 1 and wave 3 is now possibly in progress (this could all still be wave 1 I guess)
On another note...one of the people I watch on youtube (Philakone) has put out a vid saying 35k for BTC long term. I know it's just another pundit giving a figure but he has nailed just about every call recently to it's worth taking into account. Haven't watched the vid yet...just seen the title.
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I said 'shows'...let's all take a look at my previous posts and realise I should, at the very most, have said 'hints'Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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Originally posted by VirtualMonkey View PostWhat is it on that chart that says down? Looks bullish to me
Am not going short myself, too risky. If there's one thing I've learnt over the last year, it's far more painful missing out on a 300% gain than trying to save myself a 30% loss.
Think BTC will do a double bottom, a W rather than the V it has done.
Good news coming out of the US though, The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) just met with the Senate to discuss cryptocurrencies and blockchain technology - they've more or less said we want blockchain to be a part of our financial economy.
This year is going to be a stonker."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostThis year is going to be a stonker.
I just want to see the potential double top at 8500 ruled out in the short term. If we miss that then I think we'll get to 9200ish againYour friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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Originally posted by scooterscot View PostAm not going short myself, too risky. If there's one thing I've learnt over the last year, it's far more painful missing out on a 300% gain than trying to save myself a 30% loss.Comment
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Originally posted by VirtualMonkey View Postexactly to 0.5fib of wave 1 and wave 3 is now possibly in progress (this could all still be wave 1 I guess)
On another note...one of the people I watch on youtube (Philakone) has put out a vid saying 35k for BTC long term. I know it's just another pundit giving a figure but he has nailed just about every call recently to it's worth taking into account.
My advice, STOP day trading!!! You've made your bets, now wait. If you get huge gains from ALTS before the consensus conference in May, then put those profits in BTC."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by TheGreenBastard View PostYou mean time the market; why no use the correct terminology?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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