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Fomobtc

Bitcoin Technical Analysis. New Target!Hello, guys! Yestergay was a huge pump because of 1.5 billion investment in Bitcoin by Tesla. Now it has a great fundamentals to grow. The price formed the ascending trend channel which was broken 10 hours ago. The was a huge growth and now there are difficulties to break through the R2 pivot ($48000). If the price is able to find support above it, the next target is R3 ($54000). If the rejection is the case and price is able to find support on the trend channel's upper band it is also the great sign of small reaccumulation before the growth continuation. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
by Skyrexio
1
NOK - HOW TO PREVENT FOMO TRADING 1. Ask yourself why you want to invest, is it out of jealousy from others cashing in big? Do you want to be apart of the next big hype stock? If you answer yes to either of these do not trade, trading from this emotional perspective will only result in you losing money. 2. Warren Buffet said ''be greedy when others are fearful and fearful when others are greedy'' apply this logic to your decisions, chances are if the stock has pumped tenfold already and people are still greedy this could be an indicator you shouldn't trade - there are always more opportunities. 3. Ask yourself ''am I a sheep?'' Sheep do not make money in the stock market, do not blindly follow peoples ideas, question them and formulate your own understanding. 4. Where did you see the stock? if it was on the news the ship has sailed and you shouldn't buy it, at this point it is already too late. 5. Be careful of stocks that appear to be pushed by the same groups of people - this indicates little to no adoption and they are hoping that you buy their bags from them. 6. If you can't explain what the company does and why it's a good idea do not buy it. Always do your research first, learn about the team, the product, the vision and financials before investing. 7. If the market is mostly green its time to sell, if the market is mostly red, its time to buy. 8. Is it a meme stock? if yes either be an early adopter or do not buy it. 9. Have you got spare capital? always take into account your financial situation and be prepared to lose - never invest more you are willing to lose. 10. Learn to take losses - otherwise, you will end up holding your bag down a -80% drop. Hope this was useful ''Buy Big Sell BIGGER'' - MegaWhale
NYSE:NOK
by MegaWhale
6
OH MY GOD!!! A big fomo it's so near, $40,000 USD so near!!!Helo, in this technical analysis, I want to update about the situation of the Bitcoin, becuase Bitcoin it's so bullish and waoh, I'd never see this chart in my life Bitcoin it's so near to break up the $40,000 USD to mark a new higher and maximum of the price!! Waoh!!! Waoh, we entry around of the $31,700 USD Approximately and I earn good money, and you do you follow me my signal on cryptocurrency, specially Bitcoin? anwer me my question in the comment box. The situation of the Daily chart it's so bullish and there's any to explain a lot, Bitcoin goes toward the $40,000 USD And more interesting it's the weekly chart that wemake higher high in the price and waoh, that it's so wonderful to look the bullish trend. Waoh waoh but so waoh, I'd never see it in my life!!! Now, the only update it's to put a break even at $35, 700 USD to protect our huge earning that Bitcoin give us.
COINBASE:BTCUSDLong
by harisonhbn9718
4
xrp so much upside get aboard!!!daily bull flag break... as long as btc doesnt completly tank xrp is good to form its own bull break and continuation so much upside we have confirmation on three different thing break out of bull flag on vol rsi as well as price! but there not much past resistance until 80 then psychological 1usd think thats where were heading! btc dominance is prob at peak i would imagine there will be an alt push soon dropping btc dominance over then next few month with that said if you get in a real top 20 coin thats actually maing business connections actually being used or tested by companies these things will far crush btc in percent gain... Now is the time to go towards alts! i recommend scalling in to a few you like daily so have 1000 buy 10 bucks a day for next 100 days. i also actively managing my holding on 4 hour or daily time frames so i sell at qhat i think are tops or temp pull back then quikcly enter slightly lower or put stop loss and small win to ensure i lose none of my portfolio but i buy lower putting all profit in to the investment to increase overall holding of that coin.. say i sell 100 shares at .48 and buy back at .47 i earn 2 additional shares for my portfolio which now has 102 shares not 100.. fundamental is the way to go here to get rich unless you a proven trader and have 5k per trade willing to risk willing to risk 3% per trade thats 150 each loss... most dont also crazy thing to say but bags still down 60-90 percent you chould add here to all equally.. must be willing to let go to zero and on multiple exchanges ... say 10 bags original investment 1k each not worth 200-400 or less now you want to double down depending on chart but also scaling in over time... if 1k gave you 50 coins you want to try to get to 200 coins now 3x your investmet . now shares are 3-8 a share you need to buy 150 for between 450 and 1200 giving you 200 coins at 1450 and 2200 now your entry is 7.25 to 11 a share do to all bags equally no matter the chart and hold do not sell at loss! addinig midpoint avg 825 to fix bag 5 coins 825 each additional 4125 investment to your 1 k each 5 bags thats 5k already in less than double investment near 9125k to fix 5 bags hold all no matter how far they fall@! now you have 200 coins cost 1800 increased investment by 1.8x but shares by 4x total investment 9 shares 20 9125 total 3 to zero lose 5475 1 5x 9125 10x 18250 1 5 x makes all your money back one 10 x doubles your money and truty doubt any of your three go to zero also think active management allows you to exponentially grow you portfolio must be very tight on stops sinple boys play the field and dont get in a n out recommend scaling in and out andmanaging your portfolios as well to sclap evtra shares on your holding
KRAKEN:XRPUSDLong
by Playj
BTC a choice! ELLIOT vs TRIANGLEI recently posted a chart that considered the possibility of an Eliot wave formation which could drive the price up. I've now updated the chart adding a few key features. A downward channel was added demonstrated in blue. This downward channel coincides perfectly with multiple breakout rejections and is in play right now. The first wave starting at around 9k was rejected at the 11k level which coincides with a previously demonstrated level of resistance/support. It is important to note that this is also a major psychological barrier and may not be broken easily for now. The MACD is starting to roll downwards and as the lines kiss we will see a downwards movement of the price action. Volume is tapering off as uncertainty sets in and traders step of to the sides to watch the next moves. RSI is also on the way down - this is where one of two scenarios come into play. We will either have an Eliot wave or a triangle pattern form. For the Eliot wave to take place there would need to be strong support found at around the 10k level. Now if this support is not found then in my mind we will instead form a triangle pattern which in and of itself is not a negative play - it could eventually result in a breakout to the upside. We would have to reevaluate the situation at the given time. However, the triangle play would seem to show great support at the 9,6k level at which there are a few different points of support which seem to all agree at this level; there is: the 0,38 fib level, a previous line of support/resistance, and of course our posited triangle formation. When do we know which of the two formations will take effect? Look out for the 10k level at around the 1-2 of March. If support is found then the possibility of an Eliot wave taking over is greatly improved. However, we must still look out for the 10,7k level which will challenge the downward trend. I will buy if support is found on the 10k and then proceed to set tight stops to prevent loss. As I said in my last chart: Get ready to fomo guys in the short term we are going up!"" In my mind BTC has suffered for far too long and there is too much big money invested. As I pointed out in my - CALM DOWN BTC: - chart BTC is going to go back up longterm. Even take a look at the rich list and observe their movements, what are they doing? They are accumulating. Even just 16ftSEQ4ctQFDtVZiUBusQUjRrGhM3JYwe live.blockcypher.com ...for example. This guy had previously purchased around 400 million dollars worth of BTC. Then dumped around 3000 coins for short term profit. He went from around 60k coins to 96k then dumped around 3k bringing the total down to around 93k and now where is his worth? 99k that's right he's playing with us! These people are accumulating! Take a look at some of these other addresses. bitinfocharts.com Whichever of these scenarios takes place my stance on BTC is bullish! If it goes the Elliot route - UP! If triangle watch for the breakout - UP! HERE COMES THE FOMO! This is of course not financial advice and I am not a financial advisor. Best of luck, X
BITSTAMP:BTCUSDLong
by dereckmezquita