Love
How to find drop time and price using baselineHow to find drop time and price:
(A B = C) in a triangle based off of the ascending and descending trend lines.
(A) is the intersection of the price and ascending trend line (base ascending trend lineoff of previous bull flag pattern).
Using the location of (A) draw a strait line down to the descending trend line, draw a strait horizontal line and now we have our price level (B).
(D) location finds drop time, draw a strait line down from the intersection of the long term ascending trend line and future (right) side of triangle formation trend line (based off of previous repeating symmetrical down trend lines).
TRUST the whales, LOVE the whales, BE th.. no.Go with the whales.
I want to start an open discussion on the psychological side that whales love to manipulate so nicely. (this goes for little whales on alts as well)
We all know that whales eat tiny fish that are really tasty. And so if you don't want to be eaten do not stand in their way. It's as simple as that.
But the natural question that occurs in one's minds is, How do I know when a whale wants to eat (me)?
Bitcoin is at its crucial/crux point for the last few weeks and one could argue that the crux is always the present moment but let us leave that for another discussion maybe.
We all seen the recent "anomaly" in crypto that occurred on 2018-04-12 where whales killed many standing fish and furthermore attracted a lot more from alts so that they can get in at lower prices. It was an amazing move and an isolated case concerning Bitcoin and ALTS/BTC pairs (the ALTS/USD prices went up along with BTC/USD). There was to be expected a big move from the whales after such a long stagnant period.
The point that I am trying to get across is think like a whale: "If the market is going for some time on a more or less straight line how can I f*** up the market and make nice profit? OOo look FISH (mmmmm) :) that are still in FUD and FoMO and don't really know where to go... let's kill some."
See, in this case, you just had to wait them make the first move and buy some cheap alts (ALTS/BTC pairs or ALTS/USD pairs as well) and probably swing trade them.
Don't try to resist them and understand that they always want to squeeze the most out of the market and in the current state of the market even more so. That is one of the reasons why is still think we will get to see a lower BTC bottom.
I won't get into prices on this educational idea, for that you can check/follow:
"CALLING IT!!"... not really, BUTI am not "Calling it!", but I will say that this (Red Support Zone) is a very, very, very strong support and a **TECHNICALLY* good zone to invest A LOT.
For God sake, someone give me some rep some my broke *** can talk in chat! XD
I have lost thousands of dollars, but I suppose it wasn't a waste. I learned a lot along the way, and it is great to be a part of this movement and technology. I am truly in here for the experience, and to try and get the out of the hole I live in. I haven't been able to speak to any of you in chat, but I assure you, if you are active, I know who you are and I am glad to be here with you. Bears and Bulls alike.
Simple thing is this: Profit is great, but the mountains and valleys I have experienced with you all (and more to come) is better than the price I pay or receive. Thank you all!; life was looking grim (still is from a financial point) but, whatever, you guys are my new family, like it or not.
Oh, what would a post be without a Bear riding in a Bull Lambo to the moon!
<3<3
(ADA-USD) Cardano - good entry levels (LONG)I know everyone feels usually bullish whenever comes to looking at charts, but truth is simple - we are in bear market since few months. It is absolutely not a financial advice, but once we look at what CARDANO has to offer - we can all agree - it is PROBABLY a good investment. Solid team, daps, availability of soft forks etc. Most of guys here analyse markets using TA - and I absolutely adore words of MPC and other chart wizards - unfortunately lacking skill of deep market knowledge I put my trust in long term holdings. I like to read white papers, listen to crypto community and make my own hodl decisions, without looking at charts on hourly basis... There is few projects I would like to call as my favourite - and CARDANO is among very few. I allow myself to believe that we will see these levels in not that far future :
In my opinion buying below $0.14 is reasonable...
Goals :
MID-term
$0.4
$0.6
Long-term
$1.1
$2.4
$3.0
usd peso long if we dont break previous lows Good morning everyone
So looking at this market I have shown why I choose to enter this market, showed you were my stop loss is and using supply and demand and pitchfork with a couple projection tools this is my analysis of the peso so far. if the buyers hold the market here you can see a tp blowing up with a 1 to 9 risk to reward. If we go south and blow through this previous level then I will have to reanalysis where this correction will finish before reentering long .
Kris
www.mymentortv.com
Facebook: mymentortv
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comments or questions always welcome
EUR USD WILL She keep going higher is the question Good evening everyone
well the Euro Usd has had a good rally up and at the time hit a couple key levels: one its hit the median line on my weekly pitchfork so a reaction of some nature will take place that's given, secondly its hit my target for going down, this market I still see in play to the long side and eventually tp2 and higher could be hit if the market keeps breaking the higher levels that the euro has been facing.
Kris
www.mymentortv.com
pound cad analysis long Good afternoon
So what I see happening, this market hitting one of my three tps going up, so far this is what is happening can change , I am not in this market as I missed where most of the buyers are so I am waiting for a counter trend or sell once it hits one of the tps. Looking forward to your feedback let me know
your friend Kris
www.mymentortv.com