BTCUSD: Long in May?

2022년 4월 11일

• Triangle forming since ATH in Nov’21, with the base of the triangle extending back to the peak of Wave 1 in Jun’19.
• We might still be in a Wave 4 triangle.
• Let’s see if this trading pattern holds.
• But nonetheless, May’22 promises to be interesting indeed.
• (And it would be a good test of the adage to Sell in May and Go Away).

2022년 4월 12일

노트

Interestingly, the base of the triangle goes back to 2013, and has served as resistance and support multiple times.

2022년 4월 21일

노트

2 more weeks?

2022년 5월 5일

노트

"2 more weeks" indeed to the day. Let's now wait for 10 May.

2022년 5월 11일

액티브 트레이드

10 May indeed.
11 May: Long BTC (31.6K as at now)

2022년 5월 11일

노트

It is probably 1 of 2 higher probability possibilities now.
1. BTCUSD has completed its Primary 5, and it's completing/completed its Primary A now; or
2. BTCUSD has only completed its Primary 3, and it's completing/completed its Primary 4.

Either of these, BTCUSD will probably be trending upwards till around 4QCY22 (Oct?).

2022년 5월 13일

노트

Bought more BTC at 28.15K. In summary, DCAing in BTC at 3.45K intervals (5% of 69K) till 24.3K.