bitcloud9

bitcloud9

We will just have to wait and see. But in my view this is going to be the last time we see 5K. we might even see 4K..

bitcloud9

Futures. In easy speak. Its a legal way for big money to put up buy and sell walls as they please because they hold all the stock. | Thanks.

bitcloud9

And there we go ladies and gentle men. Let the sell off begin. If it trends it might go as low as 8200 and if it bounces were heading for 13K.. Personally I am hoping for a bounce but im kind of expecting a sell off trend to start. as Chrismas gets closer. lets see.

bitcloud9

Looking at DopeBTC. Volume has been meagre over the last few weeks; Volume spiked in the last three days. Bringing some movement. Perhaps this might signal the incoming wave. Or is it just a random blip. My outlook. Im waiting for a upmove past 0.00001000 so that might still take a while. Nothing exiting to see here. Moving along.

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And all of a sudden I realize I thought I had some POT .. Nope. I have Dope.. >.<

bitcloud9

Listening to the news. It;s quite hard to believe that there is a correction in the charts. and with the ATH being broken every day. We are reaching a buying friendzy, If there is en-masse on boarding daily. We may not see a correction soon. But looking at the history. It's the nature of the coin. High highs. and Low. Really damn lows.

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Some Updates.

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Practice practice practice.

bitcloud9

Short. LEarning and charting practice, practice, practice.

bitcloud9

Practicing, and learning, I would say it looks like there might be a rising wedge, But Im not confident in the movement. It might just be a "block buyer." If it does break out. might see another Jump. into the resistance areas. My target marked with an overlaping-square.

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Learning and Charting, Updating this one. Short. 4 hour bars.

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Well the chart seems to be making some targets at least. So much to learn.

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Take Fiat out of it. For the moment. ETC. I think I might have had an Ethereum apiphany. Look. BTC qty is set at 21million, right? Eth is endless. For BTC to grow, we need more users. For eth to grow, we need more integrations. Aka ico-projects, Now BTC's Value will always increase. In the long term. There might be deep dips and extreme contrasting highs. But...

bitcloud9

This is not advice, Right now I'm just practising. But perhaps. We might see below 200 very briefly. Blink your eyes and you miss it. Perhaps.

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Timing might be a bit short. and this does not factor in any company news or political moves. Also. this is not advice. I am studying and applying what I am learning, So in no way is this a forecast. But should price action support my charting then I have a buy/sell strategy in place.

bitcloud9

Im putting in a buy order at 0.48 it might drop a little further before starting the new cycle.

bitcloud9 Updated 

Im Applying some strategies that I am learning, Im not making any forecasts just yet. these are practice. Lets see hoe they progress.

bitcloud9

Well I am learning and have so much more to learn, This is in no way a forecast. Im just practicing. So im not making any comments yet. But.. Lets see.