[BTC/USD] BITCOIN-ALL INDICATORS LOOK BULLISH NOW! BEARS LOST!
Updated
Well, after many weeks in agony waiting to see what Bitcoin actually does, I believe today is the day for me to pull the trigger. On this video you will hear about all the indicators yelling bullish signals. This inverse head and shoulders was confirmed for me and completed when it broke the neck line resistance on Valentines day Feb 14th, 2018, indicating a bullish reversal about to take effect. The average rise when this happens is approximately 38% up. So, I marked it and also used some Fibonacci retracement lines for some targets.
In a way this sucks, because I really wanted to buy bitcoin at about 6k or lower, but unfortunately I didn't get that chance.. The charts are telling me something totally different despite my bias emotions of hoping it would go down. So I'm sticking with the charts and going all in today. The next major period when I believe FUD will occur may cause some panic selling with potentially the G20 Summit this year in Buenos Aires, Argentina Nov 30th, 2018. Germany and France and other countries will heavy regulate crypto which may cause some panic selling and we may see some lower lows. For now, I believe the growth or momentum will be slowly back up in a bullish trend some normal healthy dips... Per my observation, I believe the bear trend might be over! If I'm wrong then I guess I wont loose and neither will many others since you will be able to buy bitcoin much, much lower.. But based on my observation of these charts today don't count it!
So, for now this agony and anticipation is over! I can finally chill out now and have some fun!
If you enjoyed this video don't forget to like it..
Thanks,
CryptoBuzzAnalysis
PS. Disclosure: This is not financial or trading advice. You are responsible for you own actions and should do your own research.
In a way this sucks, because I really wanted to buy bitcoin at about 6k or lower, but unfortunately I didn't get that chance.. The charts are telling me something totally different despite my bias emotions of hoping it would go down. So I'm sticking with the charts and going all in today. The next major period when I believe FUD will occur may cause some panic selling with potentially the G20 Summit this year in Buenos Aires, Argentina Nov 30th, 2018. Germany and France and other countries will heavy regulate crypto which may cause some panic selling and we may see some lower lows. For now, I believe the growth or momentum will be slowly back up in a bullish trend some normal healthy dips... Per my observation, I believe the bear trend might be over! If I'm wrong then I guess I wont loose and neither will many others since you will be able to buy bitcoin much, much lower.. But based on my observation of these charts today don't count it!
So, for now this agony and anticipation is over! I can finally chill out now and have some fun!
If you enjoyed this video don't forget to like it..
Thanks,
CryptoBuzzAnalysis
PS. Disclosure: This is not financial or trading advice. You are responsible for you own actions and should do your own research.
Trade closed: target reached
1st Target was reached with no problem as I predicted in my chart.Trade active
2nd target is about$200 away. I have been shorting BTC, and been pulling profits out. I believe it may or may not make it to my 3rd target. Then I will re evaluate all the charts and indicators on BTC. So far I have made about 2k in profits. Not bad for 2 or 3 days... Watch the charts and stay sharp!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.