Ladies and gentleman.
Who would be easier for exchanges to liquidate/stop hunt?
Deep longs from $3,100/$3,500, or brand new EUPHORIC BEAR SHORTS?
I’m here because I believe I can give you the correct answer.
April 12th 2018, I called $6,755 as a potential reversal point for while in massive downtrend.
Less than 6-12 hours later we went from ~$6,753.60 to $8,080 in an HOUR.
That rally eventually lead on to hit $10k.
Some of my earliest followers remember that call. It made me, an amateur, A TOP POSTER on the ENTIRETY of TradingView for 3 days straight- beating Magic and Dark. (PS- Much love to you two.)
I’m sure you can understand why I was ECSTATIC.
No, I’m not here to gloat. No, I am not trying to be ‘right’. However, since that call, I have wanted to beat it.
The feelings + analysis I had then are N O T H I N G compared to how I am now. I am legitimately SHAKING as I type this.
I believe there is a very, very, very strong chance we may have ended the bear market.
At least for now.
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I accidentally posted a Bitmex chart earlier when I meant to do .
It is very important you see this idea.
It will give you an understanding of what I see and why I believe this market is about to flip on a DIME.
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Long the dip between $3,900 and $3,950. Ladder if you want but *risk* no more than 5-10% capital.
I’d recommend $3,950/$3,900/$3,850. Wait, patiently.
Upon breakout of the neckline, take 10-20% of your profit where you see fit.
Then buy the dip with that same capital once the breakout retraces back to the neckline AROUND $4,127, SO LONG AS it clearly holds support.
5-10% *risk* MAX. PERIOD. This is not financial advice, just off-the-head thoughts that may help you make your own decision. As always, DO YOUR OWN RESEARCH.
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Published at Fri, 22 Mar 2019 21:13:32 +0000
