Bitcoin has died 278 times so far! Bitcoin is dying - again ?
Updated
You're here because you've completed some research and are starting to understand the opportunity and potential that cryptocurrency has! 99.9% of people do not invest in cryptocurrency because they've never heard of it, or don't understand it!
When the general public starts to invest, the price of Bitcoin and other cryptocurrencies will sky rocket, meaning potentially really high returns to early investors.
Below $7800 , I am not so optimistic!
Strong Resistance blocks: $9,800 - $10,000
If we close above $12000 for a week, We will be opening new long trades! Then, Our targets will be $15000, $17000 and $20000 resistance levels.
Strong Support block: $7,000 - $6,500
I’m opening a big-sized long position (saving some of my USDT balance in case we do get a chance at ~$4800 - $5200).
Last but not least you should always keep the ratio below
30 - 40 % BTC
40 - 50 % ALT
10 - 30 % USD
You are an investor / trader, not someone who can predict the future. Base your decisions on real facts and analysis rather than risky, speculative forecasts.
People sent me some messages that What if BTC drop. Here is the answer for everyone.
Major Support Zones: The last strong base of consolidation on the weekly chart is the base we saw form during the August to October period below 5K. Prior to that, the next major support zone is the base formed during June/July below 3K. It would make sense that one of those two areas of consolidation would be the new support zone of a big correction. However, we could see several weeks of rallying or sideways consolidation before we start to see a breakdown again that ultimately takes us to one of those levels.
I'm not saying that is what will happen since we have a bull case but we have to keep all scenarios in mind here. I am also targeting $50,000 BTC value sooner or later!
Never do something because other says so, trust yourself, but be open and flexible to learn from experts.
Become stronger, become a wolf, not a sheep.
This is not trading advice, and should be used for educational purposes. Do not invest what you cannot afford to lose. You are solely responsible for your trading and investing decisions. You use any information in this account only at own risk.
When the general public starts to invest, the price of Bitcoin and other cryptocurrencies will sky rocket, meaning potentially really high returns to early investors.
Below $7800 , I am not so optimistic!
Strong Resistance blocks: $9,800 - $10,000
If we close above $12000 for a week, We will be opening new long trades! Then, Our targets will be $15000, $17000 and $20000 resistance levels.
Strong Support block: $7,000 - $6,500
I’m opening a big-sized long position (saving some of my USDT balance in case we do get a chance at ~$4800 - $5200).
Last but not least you should always keep the ratio below
30 - 40 % BTC
40 - 50 % ALT
10 - 30 % USD
You are an investor / trader, not someone who can predict the future. Base your decisions on real facts and analysis rather than risky, speculative forecasts.
People sent me some messages that What if BTC drop. Here is the answer for everyone.
Major Support Zones: The last strong base of consolidation on the weekly chart is the base we saw form during the August to October period below 5K. Prior to that, the next major support zone is the base formed during June/July below 3K. It would make sense that one of those two areas of consolidation would be the new support zone of a big correction. However, we could see several weeks of rallying or sideways consolidation before we start to see a breakdown again that ultimately takes us to one of those levels.
I'm not saying that is what will happen since we have a bull case but we have to keep all scenarios in mind here. I am also targeting $50,000 BTC value sooner or later!
Never do something because other says so, trust yourself, but be open and flexible to learn from experts.
Become stronger, become a wolf, not a sheep.
This is not trading advice, and should be used for educational purposes. Do not invest what you cannot afford to lose. You are solely responsible for your trading and investing decisions. You use any information in this account only at own risk.
Trade active
Bought some at $4400 . Let's see how it goes.Trade active
charts.bitcoin.com/btc/chart/metcalfe-utxoTrade active
Bought some at $3200. Hated the averaging down IN A BEAR MARKET, but it is BTC right :)Trade active
It looks bearish!Trade active
Trade active
Trade active
If you are interested in ALGO trading, Check out my masterpiece #EngineeringRobo.Got my first bitcoin in Oct 2013.
Became a full time day trader in Nov 2016.
Got the ALGO trading idea in May 2019
Started to search about it in June 2019
Backtesting since Sep 2019
Pre-Launch last week with 50 people!
Trade active
Trade active
Let's see what EngineeringRobo did in May - 3H Bitcoin ;( Green cloud gave buy signal at $7030 on April 17, 2020 ,it continued until May 10, 2020 )
Buy 1 signal was continue from $6600
Moon signal was continue from $7100
Buy 2 signal was continue from $6950
Bull signal was continue from $7115
Sell 1 appeared at $9000 on May 24, 2020
Hell signal appeared at $8700 on May 3 , 2020
Sell 2 appeared at $8900 on May 1, 2020
Bear signal appeared at $8900 on May 3, 2020
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Buy 1 signal started at $8900 on May 25, 2020
Buy 2 signal started at $9000 on May 4, 2020
Buy 3 signal started at $9460 on May 7, 2020
EngineeringRobo's Green cloud started at $9300 on May 13, 2020
Moon signal started at $9350 on May 13, 2020
Bull signal started at $8900 on May 4, 2020
Sell 1 appeared at $9500 on Jun 2, 2020
Sell 2 appeared at $9600 on May 9, 2020
Sell 3 appeared at $9700 on May 9, 2020
EngineeringRobo's Green cloud is still continue at $9250 on May 23, 2020
Hell signal is still continue at $9400 on May 21, 2020
Bear signal is still continue at $8670 on May 9, 2020
Bull signal started at $9000 on May 13, 2020 - Bear signal started at $9550 on May 20,2020.
Bull signal started at $9100 on May 27, 2020 - Bear signal started at $9450 on June 2,2020.
Buy 2 signal started at $9050 on May 13, 2020 - Sell 2 signal started at $9300 on May 15, 2020
Buy 2 signal started at $8900 on May 26, 2020 - Sell 2 signal started at $9600 on June 2, 2020
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As a summary,
"" EngineeringRobo brought you combined more than 15% profit in May""
You can also see it on the proof ( shared on EngineeringRobo's twitter & telegram accounts) - Around $2,800 profit!
If you're serious about mastering the art of trading you need to start using the same tools as the winners.
Less risk. More confidence. Better trading results with EngineeringRobo!
You can test drive it yourself for 7 days at EngineeringRobo.com
Less risk. More confidence. Better trading results with EngineeringRobo!
You can test drive it yourself for 7 days at EngineeringRobo.com
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