롱

BTC first shake out complete

업데이트됨

If Bitcoin gives you a lot of money in a few days, you should be thankful and take it, because if you don´t, Bitcoin will take your money instead.

Every Bitcoin rise repeats the same pattern over and over which i tried to show in my last chart.

But there was a mistake in my old chart.
Bitcoin is in a parabolic move, so it does not make any sense to use a pitchfork in a linear chart.
I corrected the pattern and now we have a logaritmic chart which covers the huge gains we may see in the future.

Today we got a good opportunity too add some longs, but beware! Bitcoin can be a beast and return to the same spot the rally started few weeks ago. Expect dumps until 5500 CNY. Don´t risk beeing liquidated or panic selling.

i do not recommend overleveraged longs for the next few days.

노트

that was quick! i hope u got some cheap coins

노트

we are retracing as expected and will probably advance to the red line of the pitchfork with spikes up to 7400 CNY. Expect volatile sideways movement between 6400-7400 CNY for the next days. Also expect another dump (yellow line) before chinese new year until further bulltrend continuation.

This is a good area to play pingpong with small non leveraged trades (long&short)

long 6200-6400 - short 7400-7100
high risk if you are not able to control your emotions.

5 trades, 5 bounces, close 200% volume
portfolio usage after each bounce 12,5%, 15%, 17,5%, 20%, 25%
please note each bounce will decrease volatility.
timeframe 1-2 weeks

노트

too much manipulation and fudding. Lets wait for investigation of chinese exchanges on 17. January, before we continue. Intraday analysis is currently useless.

노트