mljones

Major Outside Day Could Mean Bull Market Here

Long
mljones Updated   
BITSTAMP:BTCUSD   Bitcoin
Plotting bullish pitchfork to find right shoulder for major long term position to the upside.

Also considering dollar cost averaging long on eth and btc without trying to time the market. It is acting a lot like it might have found a bottom.

I am long LTC from this morning and had planned on selling at the end of the day but now I'm thinking to hold it for a few weeks at least.

Will see how the day closes and will step away from the market for a while to clear my head and see if I look at things differently after a break.
Comment:
Using prior price action and dec 17 as right shoulder target to plot possible next impulse... it *could* go to 20k.

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