So You Want to Know how to Catch A Falling Knife.

2018년 3월 11일

Our last Long Term entry was stopped out at a profit of 11390/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.

2018년 3월 11일

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We are looking for structures to form as the BTC story unfolds.

Possible downward channel forming.

2018년 3월 11일

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Bitcoin is looking to reverse on a double bottom


you can enter this with a stop at 9030

2018년 3월 12일

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Reversal failed. This has turned into the next corrective structure.
Original plan is valid.

2018년 3월 14일

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down we go

2018년 3월 15일

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panic is off the charts. This is a good sign.
We are currently going down a steep channel.

2018년 3월 15일

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No buying opportunity yet. This has more down to go.

A possible descending wedge has formed.
Watch closely

2018년 3월 17일

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so far so good!

We are getting close to an entry point.
Continuation of this idea is here