Wait a moment. Let me think.
You short 9k because of Fibonacci 0.618 (10500 -6400 )
- that would mean if we retrace would be way under 6400. That not an option as we are already after re- accumulation.
Also 14k - 6.4k 0.618 Fibonacci would be 11k. And that make much more sense
IT'S OVER. Just look at 1 day chart. Just look. There won't be opportunity to buy Bitcoin under $7600. It's over. Maybe $7800-$8400 best opportunity to buy cheap. ~ $8000 would be the best price, don't be greedy. Let's moon to $10k first :)
@JustKeepBuying Soon ๐ ๐
CNY (Chinese New Year) in 8 days - 25/01/2020
Times up 80%:
- 5 days before CNY
- 5 days after CNY
- 10 days after CNY
Data shows Asians are leading this rallies, largest inflow from Huobi and Okex
@JustKeepBuying Total Digital Asset Market Cap broke above 200 Day Moving Average resistance last week, Bitcoin should follow. We are in an uptrend ๐
The most important trade for next month or few when it's time to go big would be my ~ $8000. I would even consider start ladder slowly ~ $8300 but let's see how the dump will play out. Should be some retest above the bottom. A trade for 11k-12k a random guess right now but around
18.01update
I'm back with 0.071 btc position. Not playing bigger to protect my profits. Be discipline. Added ~8850 from the 8600 position, which gave me avg.price 8700.
1(half the position) of 3 stop losses ~ entry price -> lower liq.price -> lower losses -> harder to be shaken
Until1mil is targeting 8.4k, recently Nyuu was targeting 8.2k and below. ๐ I'm going against good traders. I wish I could unseen those tweets. It's only make me weaker to stay in my position. No way I'm going to close my longs. I need to mute traders and their charts ! No Noises
Coinzada=sometrader78. He's calling now $6,4k as a fake bottom. You know why he abandoned and deleted all his tweets from his original account? You would see he missed the entire Bitcoin rally to 14k, grumble all the way. This time he tweeted he sold btc and has 0 crypto at $6,8k
Touch 8500-8550 one more time I'm going to open 3rd position to play pure chop. 8500-9300-8900-9300-7800. I should have do this two days ago instead of waiting for HTF. Increase a position power for one of the most important trade - the bottom from The Top. Rest from twitter.