Our last Long Term entry was stopped out at a profit of $1390/btc which you can review in this link
This idea will show the next long term entry point that will let us keep tight stop losses.
I does not seem like the downtrend is finished, BTC is not showing enough strength on the up. It's making a corrective structure for another wave down.
I'm looking for an entry on the low 7000s (watch idea closely for when to enter and set stops).
Please keep in mind you need to follow this idea closely and the updates. New information comes by the minute and price structures reveal themselves.
I employ strong money management, you have to lock in your profits and cut your losses.
This idea will show the next long term entry point that will let us keep tight stop losses.
I does not seem like the downtrend is finished, BTC is not showing enough strength on the up. It's making a corrective structure for another wave down.
I'm looking for an entry on the low 7000s (watch idea closely for when to enter and set stops).
Please keep in mind you need to follow this idea closely and the updates. New information comes by the minute and price structures reveal themselves.
I employ strong money management, you have to lock in your profits and cut your losses.
הערה:
Bitcoin is looking to reverse on a double bottom
you can enter this with a stop at 9030
you can enter this with a stop at 9030
הערה:
Reversal failed. This has turned into the next corrective structure.
Original plan is valid.
Original plan is valid.
הערה:
down we go
הערה:
panic is off the charts. This is a good sign.
We are currently going down a steep channel.
We are currently going down a steep channel.
הערה:
No buying opportunity yet. This has more down to go.
A possible descending wedge has formed.
Watch closely
A possible descending wedge has formed.
Watch closely
הערה:
so far so good!
We are getting close to an entry point.
Continuation of this idea is here
We are getting close to an entry point.
Continuation of this idea is here
Possible downward channel forming.