BTCUSD Has 4.5 Days to Dump Lower if it's Going to Do So.
I'm simply sharing what I'm seeing in the indicators. Is it possible the Composite Group(s) MAKE the MARKET go totally opposite of what we are currently seeing in the indicators? Sure, it's possible. However, more often than not, the price action usually goes in the direction shown by the indicators.
Consider using the 3h, 6h, 9h and 12h time frames with the 6h and 12h as your compass to buy dips if you have not made entry to begin accumulating yet. Think... DOLLAR COST AVERAGING...
WHY should you think dollar cost averaging if you have not began to accumulate yet? It's important to think about INVESTMENT for now if you have not accumulated any coins yet. Then once you have used dollar cost averaging to accumulate and the price is finally at or near all time highs, you can begin to feel more at ease when trading with 10, 15, 20 or 25 percent of your bag WHILE holding onto the rest for long term investment. This is my opinion of course.
Happy Trading Everyone!
Stay Awesome!
David
Consider using the 3h, 6h, 9h and 12h time frames with the 6h and 12h as your compass to buy dips if you have not made entry to begin accumulating yet. Think... DOLLAR COST AVERAGING...
WHY should you think dollar cost averaging if you have not began to accumulate yet? It's important to think about INVESTMENT for now if you have not accumulated any coins yet. Then once you have used dollar cost averaging to accumulate and the price is finally at or near all time highs, you can begin to feel more at ease when trading with 10, 15, 20 or 25 percent of your bag WHILE holding onto the rest for long term investment. This is my opinion of course.
Happy Trading Everyone!
Stay Awesome!
David
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I'm simply looking at possible scenario to potentially play out between now and the Bitcoin Block Halving in May, 2020. Posting this to look back on at a later date:
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A few more details of POSSIBLE scenario to POTENTIALLY play out between now and the Bitcoin Block Halving in May, 2020.
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Example of what I mean by POSSIBLE shakeout to $8,800 before heading up to test ATH:
