After a 8000$ fall, PREPARE to enter Bitcoin
Updated
On the last months I prefer trading alts. I buy very-very low and I sell high. Now Bitcoin seems to offer a good chance to buy it.
After a huge correction from 20000 $ to 11300 $, it seems that we are entering in an new uptrend.
MACD tends to show that, but (for the moment) not DMI and AROON. If you are not confident entering now Bitcoin, wait until all of 3 indicators confirm the uptrend!!!
Personally, and because I have experience of how BTC reacts after such falls, I will risk entering now.
Do not enter because I am telling you. Enter IF you feel it and WHEN you feel it!! That is why I say in the title "PREPARE to enter Bitcoin" and not "ENTER bitcoin"!
If we enter a new uptrend, where will the price of bitcoin will go?
- In a case of an uptrend, I believe that it will easily break the 20000 $ barrier and will head to the psychological barriers of 25000 $ and 30000 $.
Feel free to post your comments! Any opinion is welcome!
* If you won good money with my help and wish to offer me a beer, you can donate me some (fractions of!) BTC or altcoins!
BTC: 1Ety8UbujJSNmVcmgWXRewMkSbWf1sNoHb
BCH: 1Jqx9LRF8zZ6HwuMYB4PH88esePDZxkmUY
ETH: 0xcfb9742471e27b113e4752ce73af937c1c3b6681
LTC: LKFsPTckeJrMA7ojiiHmXHarriacAmGcna
BTG: GNLvMGUcUNzdHPev1gBeLHkYQEPRvHNDuN
SAN: 0xcfb9742471e27b113e4752ce73af937c1c3b6681
;)
After a huge correction from 20000 $ to 11300 $, it seems that we are entering in an new uptrend.
MACD tends to show that, but (for the moment) not DMI and AROON. If you are not confident entering now Bitcoin, wait until all of 3 indicators confirm the uptrend!!!
Personally, and because I have experience of how BTC reacts after such falls, I will risk entering now.
Do not enter because I am telling you. Enter IF you feel it and WHEN you feel it!! That is why I say in the title "PREPARE to enter Bitcoin" and not "ENTER bitcoin"!
If we enter a new uptrend, where will the price of bitcoin will go?
- In a case of an uptrend, I believe that it will easily break the 20000 $ barrier and will head to the psychological barriers of 25000 $ and 30000 $.
Feel free to post your comments! Any opinion is welcome!
* If you won good money with my help and wish to offer me a beer, you can donate me some (fractions of!) BTC or altcoins!
BTC: 1Ety8UbujJSNmVcmgWXRewMkSbWf1sNoHb
BCH: 1Jqx9LRF8zZ6HwuMYB4PH88esePDZxkmUY
ETH: 0xcfb9742471e27b113e4752ce73af937c1c3b6681
LTC: LKFsPTckeJrMA7ojiiHmXHarriacAmGcna
BTG: GNLvMGUcUNzdHPev1gBeLHkYQEPRvHNDuN
SAN: 0xcfb9742471e27b113e4752ce73af937c1c3b6681
;)
Note
I just received a couple of messages asking me for AROON and for DMI. - for the AROON indicator to confirm an uptrend:
1) the blue line must continue going down
and
2) the orange line must turn up
- for the DMI indicator to confirm an uptrend:
1) the green line must go higher than the red one (so, here we must wait for them to cross)
and
2) the black line (showing the intensity of a trend) must be equal or greater than 25.
Trade active
From the moment I posted the idea, BTC has grown by 8%. The evolution of all 3 indicators seem to confirm the forming uptrend: 1) MACD is confirming that.
2) RSI is confirming that.
3 AROON tends to confirm: blue line started going down and orange line goes up.
4) DMI tends to confirm: blue line started going down and red line goes up.
prntscr.com/hrejpm
Note
Hoping that we have actually the formation of a double bottom...Trade active
Yes we have a double bottom. as confirmed some minutes ago by DLavrov: 
We expect mostly that BTC will continue to rise. The trade is active.
Trade active
The 13500 $ was broken on Bitfinex. Now BTC is trading at over 13600$. This is a good sign. Trade active
All 4 indicators comfirm the uptrend: 
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