Key positions for me:
$6800- opening a small position and waiting to see if we get a lower break
$6400- again waiting for a lower break if we find support here
$6200- opening a strong position but keeping some aside in case of another dump
$6000- my golden buy zone. Ill be monitoring it around this area and even going to try to see if I can catch a lower wick at $5800.
As you can see my chart is not about riding the ups and downs of bears/bulls. I'm looking for huge longs, 2x-3x gains and Bitcoin on a MASSIVE yearly scale. A longer wait for returns but with very little risk if any at all.
I put this to the test once a drew this and ended up shorting the coin over $3,000 after the bears started bleeding. I'm feeling very confident about my projections just take a look at the chart. How can we not expect huge returns if we are purchasing $7,000 or lower?
The real question is how low can you open those positions? ;)
-CosmicMatter
Feedback and constructive criticism is always appreciated.
$6800- opening a small position and waiting to see if we get a lower break
$6400- again waiting for a lower break if we find support here
$6200- opening a strong position but keeping some aside in case of another dump
$6000- my golden buy zone. Ill be monitoring it around this area and even going to try to see if I can catch a lower wick at $5800.
As you can see my chart is not about riding the ups and downs of bears/bulls. I'm looking for huge longs, 2x-3x gains and Bitcoin on a MASSIVE yearly scale. A longer wait for returns but with very little risk if any at all.
I put this to the test once a drew this and ended up shorting the coin over $3,000 after the bears started bleeding. I'm feeling very confident about my projections just take a look at the chart. How can we not expect huge returns if we are purchasing $7,000 or lower?
The real question is how low can you open those positions? ;)
-CosmicMatter
Feedback and constructive criticism is always appreciated.