We're back with another episode of The Trend! Today we're going to talk multiple timescales, and the different ides we have for trading BTC. We're going to look at key areas where we can formulate orders, and prepare ourselves for the move we've been waiting for!
Shout-out to the community! Thank you for bringing our little video-channel to the Top Author Spot! I take that as a huge compliment, and I recognize the responsibility to put out better and better content just got bigger! Thank you again!
@regularroutine, Haha. Yeah, well thats where the real authority comes from you know :)
EIP-EverythingIsPlanned
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Hey Nuke,
But you have ignored the chinese new year coming on Feb 16; which traditionally causes prices to fall.
SaintDank
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good stuff but honestly if we get to 10k I can only see that being a massive bulltrap before the fall to 4-5k
blessmywork
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@bikramganger, interesting projection... do.do you have a chart for that?
SaintDank
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@nukenowakowski,
Here you go my first chart I went pro for this
blessmywork
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@bikramganger, A great chart! Very clear ideas. Not only that, I think you are on to something. I'm sorry to see your RSI trading is NET down, but I think you're exactly right about the 10k and 12k fib extensions. Those are beautiful levels to be pushing stop-limits behind the rally on. Probability of Profit looks very high. I see you're using a fast Stochastic measurement down there. Thats always a nice oscillator, but it can get a little out of wack in the crypto-verse. I hope you keep an eye on it.
Overall, very well done. Great job conveying your ideas!
SaintDank
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@nukenowakowski, thanks mate I appreciate it and the rsi NET is a mistake and I have no idea how it got there, but i've actually never been Net down even after the market took a dive, excited to see how this plays out.
blessmywork
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@bikramganger, Fair enough boss. Good for you not having been net down. I cannot say the same. I've taken some good solid nose dives in the past. :)