Hello everyone
Today we're back with the technical analysis and some interesting patterns. let's get straight into this.
After 3 days in a stable market, we can all calm down again. In the past, there has NEVER been a correction, then 3 days of stabilization followed by a big correction again.
If we look to the Bollinger bands , we can be optimistic, BTC- price is relatively low. Is it now that time to spend ALL your savings into BTC? I don't think so, this is how I'm doing it right now.
- so first of all I haven thicken my wallet at 7.5K. why? Because I’m 95% sure that BTC will rise above 7.5K sooner or later.
- I did not went all-in because, I'm aware that we are not on a support level at the moment, we are creating one now. If we go down, 6.8K is our first stop (then I will thick my wallet again). I think (if we go down again) that 6.4K is our last destination, it will never go under 6.4K in the near future if you ask me. (then I will go all-in).
- Why buying on 7.5K then? Because this market is so volatile and you can't never go in the market at its lowest point. I think when people realise that and aren't so greedy, that the return will be much higher for everyone. There is not one investor that goes all-in in one moment, spread your buy-moments and your chance on return will be significantly higher. You will reduce your risk and have more return.
- If we look to the RSI, we can see that it has never been so low without the chart going up in the near future, so we can have good expectations.
Have a great day everyone!
(this is no financial advice)
Leave a comment with your thoughts!
Today we're back with the technical analysis and some interesting patterns. let's get straight into this.
After 3 days in a stable market, we can all calm down again. In the past, there has NEVER been a correction, then 3 days of stabilization followed by a big correction again.
If we look to the Bollinger bands , we can be optimistic, BTC- price is relatively low. Is it now that time to spend ALL your savings into BTC? I don't think so, this is how I'm doing it right now.
- so first of all I haven thicken my wallet at 7.5K. why? Because I’m 95% sure that BTC will rise above 7.5K sooner or later.
- I did not went all-in because, I'm aware that we are not on a support level at the moment, we are creating one now. If we go down, 6.8K is our first stop (then I will thick my wallet again). I think (if we go down again) that 6.4K is our last destination, it will never go under 6.4K in the near future if you ask me. (then I will go all-in).
- Why buying on 7.5K then? Because this market is so volatile and you can't never go in the market at its lowest point. I think when people realise that and aren't so greedy, that the return will be much higher for everyone. There is not one investor that goes all-in in one moment, spread your buy-moments and your chance on return will be significantly higher. You will reduce your risk and have more return.
- If we look to the RSI, we can see that it has never been so low without the chart going up in the near future, so we can have good expectations.
Have a great day everyone!
(this is no financial advice)
Leave a comment with your thoughts!