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$18K BTC Thanksgiving 2019As anyone in the TV crypto chat knows, I called a bottom on Dec. 15th and that has held true as we have not rescinded to the $3200 level. The interested and exciting thing about this moment is that we are finally moving sideways towards the cloud on the 1D. At any moment we will spike through that cloud and Bull Season begins. When Michael Jordan shows up w/ Scottie Pippen, and Dennis Rodman, it's gonna open up Steve Kerr's opportunities and we are going for another ring. The reality is that value does not equal price. If Facebook is worth half a trillion than the cryptospace is worth $5 trillion as the standard of this system BTC will continue to climb. For now my core concern is 2019 and after deep analysis and a decade of experience with bitcoin I say our time is now. The WFF at Davos had a dismal outlook on the future of the old economy. Change with a focus on more than profit was central to the discussion. If there ever was a year where bitcoin in necessary it's 2019-20 on a global perspective. As soon as we clear the cloud on the 1D and the bots realize that keeping BTC rising keeps alt ships in it's ocean rising we should see an ever steepening incline and repeat of the FOMO run of 2017.
COINBASE:BTCUSDLong
by cryptoisreal
Possible USD/CAD short position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-2 days Actions on - A – Activating Event Market will meet resistance in zone @1.333 - 1.3365 and fall to the @ 1.325. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.325 FX:USDCAD Trade Management Entered @ Sign up for mentoring Stop Loss @ Sign up for mentoring Target 1 @ 1.325 Target 2 @ 1.3200 Risk/Reward @ 3.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Join our Mentoring Program TODAY!! twitter.com Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
BTC price action with long term supportAs rules stated for a support to be strong enough to establish a bottom: Supports become stronger under these following conditions: 1. Strong Support (Long-Term TF), hence weekly chart. 2. The greater the volume of trading in a support zone the stronger it becomes. 3. The taller the support range is, the stronger it becomes. 4. The longer a support area - its length of time or the number of hits it took - the stronger it becomes. -Dr. Alexander Elder (The New Trading For a Living) Ranging between 6.4k to 6.7k at the moment. Price grinding to the apex volume should be lower and lower. Weekly RSI staying above 40 signifying longer term bull trend have not been broken yet. Next move wins. My bet is up. Let's see how this chart age.
BITMEX:BTCUSD.PLong
by ChaiQixuan