Dtrader2020

Dtrader2020

I will be buying more shares tomorrow. It will be just rounding it up and then DCA if/when it touches the green lines (POC lines) under the white line ( My average cost) I expect it to go up from here for a couple of weeks. This may take a year to play out to reach these two red lines. One is a POC line within the golden range using Fibonnaci and second is simply...

Dtrader2020

I suspect we have reached the bottom here. Time to accumulate and hold on. I will decide later on when it's time to sell. But some TP areas can be the 200 MA and DCA out from there in section each time an exit trigger is met. I expect a 30% gain from here on out within a year.

Dtrader2020

With all that is going on with the world, and now the FTX fiasco, and possibly potentially other exchanges needing an audit done to make sure the FTX event won't happen with other exchanges, It is, in my opinion, we are to test the last local support of this year., If we break this the only place I see major support is at the 300$ area. But if negative...

Dtrader2020

As you can see each time we reached the first week of October we dropped a few times before going up But there are a few exceptions to consider. October 2020 up until 2021 was a year of stimulus checks. Many people who got them made sometimes more with the checks than their actual jobs. The last major rally was due to many factors. One major factor was Btc...

Dtrader2020

Now in the shorter term, I am bearish. But It would take a lot to cause Btc to go down to 10K. We would need to see more global events affect even more the markets, possibly issues in Europe and their energy crisis 7 the war in Ukraine. As some wouldn't have enough to afford to buy into crypto and may need to sell risky assets in times of political uncertainty,...

Dtrader2020 Updated 

My reasoning here is if we close under 1335 on the daily we would be supported by the fib LVL 78.60% That level has a lot of trade interest as well with the VRVP, It would have one last line of defense at 1k. If the bears succeed to break that we now could expect support at the next Fib level which has had also a great level of interest with the VRVP in the past....

Dtrader2020

This is my first public chart analysis. I am assuming we will see a bearsh few weeks once we see the MACD cross over. MFI can be used as a early warning sign. The news about the IRS to help crack the privacy of monero may impact it, but also I can see BTC affect the alt coinsphere once it drop, which bearish momentum is increasing. With Covid in the picture, lock...