BTC Trading Chart/Predictions - March - Early AprilHi Trading View Family,
Hope you all are doing well. My private group and I have seen the drop down to $7k through our daily TA's and we have loaded up :) Easy 24% from the bottom but I think we can squeeze out a couple more points in this market. The key thing in trading is not buying breakouts because that does not allow you to maximize your earning potential. The goal is buying bottoms when everyone is clamoring for further south! When you understand how far a market can extend itself you will be a very efficient trader with almost minimal risk. I have actually traded with a clearer mind during a bear market vs a bull (granted during the bull market i was making bank), but even now I still am. Its all about seeing how the market will move and cashing out when you can.
TRADING STRATEGY
The strategy for me is to capitalize on these consolidation phases (the 3 month bear market) which are the best times to make your money and accumulate coins since they tend to trade in a certain pattern. After a certain point, you will have more than enough FIAT to buy a lot of BTC (or alts) and HODL long towards $30-50k BTC hopefully EOY.
Right now my team and I on Telegram are well positioned and sitting at between 24-15% ROI in less than a week. Easy money. What we are currently playing is the rise towards $9.3-9.8k in the short term (one - three days) and sell off. Rebuy in the $8k range when the RSI levels off from overbought from the 4 hour chart.
Then from there I will trade north towards $10k potential. You won't be able to see this on the 4 hour chart directly, but what we can see is on the Daily. The RSI is entering median ground and if the MACD has some positive price actions we can easily expect $1-2k movement from this point for another 20-30% trade, to a fine tune of 40% within two weeks.
The time frame on the short term trade to T1 is fast (1-3 days). T2 will probably take a week or two to play out. If you ever study my previous TA's they have held strong and true for weeks on end with 0 adjustments. I don't have the need to post everyday and switch back and forth on my trade analysis (between bearish and bullish) like other top TA's on Trading View because my team and I can easily read the charts.
I will post more in-depth analysis on the T2 target point the closer we get there. Keep an eye out for another BTC post which I will share in regards to Daily and Long-term growth. So drop a like, share, or a follow. More importantly, I would love to hear your opinions, thoughts, or disagreements. :) Constructive conversations lead to a more knowledgeable community, I don't claim to know it all like other ppl here *Cough* MPC and D4, the tried and true quote stands, "THE MOMENT YOU THINK YOU KNOW EVERYTHING, IT'S THE EXACT MOMENT YOU KNOW NOTHING"
I hope you all are well and Happy Hunting! Remember to sell into profits and set your SL in profits why take losses at the bottom of the market.
Kind regards,
Regalia
ALSO, a lot of people have asked if I have twitter. Never had the need for one in my personal life, but its nice for Crypto + I can share my thoughts here vs on IG. For those of you who want to connect with me via twitter feel free to do so here: twitter.com
