I know we have a lot of doom and gloom, but actually, we are heading straight into 1 million USD some time Mid-late 2021!
First, we all know that we are in a descending triangle, and usually it is bearish, but we we are going to bounce at E.
And we are going to have a bunch of abc patterns, which more like to be more bullish than bearish, except one.
Obviously there is a major Danger hanging over us, sometime in the fall 2017, in the last AB to C pattern.
This may tank us back to $5.2k to 4.5k. So my long term patterns will be wrong, but it will spike up so fast and furious,
that it will be just a blip for most people. Stop loss probably not a good idea there.
So definitely keep a tight stop loss below 6.5k, psychologically, Very uncool for everyone involved.
Obviously, if the price ever drops below 3k, feel free to start accumulating as many BTC as u want!
First, we all know that we are in a descending triangle, and usually it is bearish, but we we are going to bounce at E.
And we are going to have a bunch of abc patterns, which more like to be more bullish than bearish, except one.
Obviously there is a major Danger hanging over us, sometime in the fall 2017, in the last AB to C pattern.
This may tank us back to $5.2k to 4.5k. So my long term patterns will be wrong, but it will spike up so fast and furious,
that it will be just a blip for most people. Stop loss probably not a good idea there.
So definitely keep a tight stop loss below 6.5k, psychologically, Very uncool for everyone involved.
Obviously, if the price ever drops below 3k, feel free to start accumulating as many BTC as u want!
Comment:
Use zoom, and scale to move around and adjust the charts :)
Comment:
Oh, as always this all very education:)
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
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twitter.com/NexusWars_
ajion.org
