#Blockchain#Crypto News this week:
1. China rules $BTC protected by law.
2. Japan grants $crypto self regulatory status
3. #Bitcoin doesn't dive with the stock market.
It is hard to understate just how important each of these events is individually, let alone together!
#Blockchain#Crypto My prediction is the $#BTC will probably be at around $0 and more 0s with some other digits and it will move up and down for a long time.
#Blockchain#Crypto I became a trader to take control of my future
Not to trust in the corporation
Not in the government
Not in the 401k
I'm not diversified. I have no course. I sell no products.
I'm here to see if I can do something great before I die.
All in.
#Blockchain#Crypto Telegram channel CLOSED FOR NOW.
Now there are 100 members (one still to enter by reservation) + the bot + ourselves = 102 members in total.
Pls don't apply for membership atm!
We'll post, if channel opened again. It's about being able to care for it
#Blockchain#Crypto Familiar with CASH TRADING (simple buy&sell)? Think about MARGIN TRADING (trade with borrowed cryptos).
It's possible to double performance with margin trading by going short in bear markets. Usual trading techniques are to be used + you have to pay a daily
#Blockchain#Crypto $NIO right on top of its $6.50 target, last stop! Next stop $9.00 (run-up to pending catalyst event).
All aboard, bulls! Also, you know the drill: use SL.
#Blockchain#Crypto Does this count as a H&S, with that wick sticking out? Because if so, then the target is 6030.
Similar setup on #ethereum, reinforcing my 170 target from last week.
#bitcoin
#Blockchain#Crypto In my experience, a fake H&S pattern is usually planted to divert you from a real H&S. For instance, the 1st pic shows an obvious H&S pattern, but for a continuation. This is planted to divert you from the "real" H&S in the 2nd pic, with a target of 280. We'll
#Blockchain#Crypto Just bought #ethereum with a super-tight stop-loss. Potential 25% return coming. Careful, a bull move to 280 is still within bear territory.130 target still intact, unless $#eth breaks north of 280.
#Blockchain#Crypto There is a great error in the thinking of novice traders that if enough traders see the same chart pattern it will become self-fulfilling. Just the opposite is true. Chart patterns noticed and traded by the too many are destined to fail.
#Blockchain#Crypto I know it's only on the 15 min chart, but this engulfing looks like a good sign. Would be better to see this on the 4h or even the daily, though.
#ethereum $#eth