Bitcoin Trend Reversal? ATH? (What happens to our ALT trades?)

Bitcoin is attempting a recovery; Trend Reversal. Three questions marks on the title (???).
Here are the answers...

These are the signals that are pointing to a new Bitcoin Bull Run / Correction Over / Trend Reversal.

If the price closes above $14,900 today, a trend reversal is likely probable.

Here are my indicators:

- RSI touched bottom and jumped from back from oversold. Each time Bitcoin RSI reaches oversold we tend to have a trend reversal.
- MACD is about to cross over on the 2h chart.
- Bitcoin price is sitting below the 25 Day EMA ( Exponential Moving Average ).
- Strong bounce from @ $12,700 low.

If a new Bitcoin Bull Run starts, What happens to our ALT trades?

- If Bitcoin trend reversal is confirmed, I suggest watching closely your ALT trades and close them manually.
- By closing the trades, I mean selling your ALTS (altcoins) for BTC . Sell your ALTS for BTC once the new bull run is confirmed. Not for USD, for BTC .
- Hold your balance in BTC until the new Bitcoin Bull Run is over, or until it is safe to open the ALTs trades once again at my signal.
- We will have the chance to buy all ALTS at the bottom. So this is a great development if you close your trades on time. We can ride the Bitcoin Bull Run all the way and buy back at the bottom.

Note: The market is always moving, the market is always changing. Change is normal and we have to adapt to survive.

All these suggestions are only advised once Bitcoin trend reversal is confirmed.

P.S. If you want to hold your ALTs through the bull run, that is your choice and something that can be done. But if Bitcoin starts a new bull run, as strong as the one we saw before to $17,000 - $20,000 (depending on the exchange), then we might be looking at a new bottom for most of the ALTs. And maybe even new All Time High for Bitcoin .

If this reversal is confirmed, Bitcoin's price is expected to reach the real, transparent, MOON!

Now, this is just my idea. The market will definitely confirm what will or will not happen.

Trade patiently.

評論: This idea is meant to keep us updated and look at all possibilities in order to know how to act accordingly if a certain event happens.

This is a way for us to stay ahead of the game and not have to panic when it is already too late. Panic can push you to take wrong decisions.
評論: Bitcoin Trend Reversal: NOT CONFIRMED.

Downtrend (correction): RESUMED.
評論: The entire cryptocurrency market has entered into correction mode. This is completely normal. It goes up, then goes down, back up, back down, forever and ever.

Here is are the steps that you as a trader need to follow, there are only 3 steps:

1- Buy within the recommended range.
2- Sell on your preferred target.
3- Sell if the stop loss is reached.

The rest is all about HOLD.

Plain & Simple.

Please share this news with others so that they too can understand how this works and know that this is a normal event. This happens in all the markets, that being Gold, Forex, Bonds, Cryptos, etc. And it is completely normal.

But, I know how you feel, I was also scared when I saw my first market correction.
評論: If you are holding BTC, you can always sell for USD and wait for the correction to be over. Once at the bottom, you can buy back and increase your amount of Bitcoins.

You can also make money on a descending market.

Anyways, no trend reversal at all. This might turn out into a strong correction, which can also translate into a "Bitcoin buying opportunity". So stay tuned.
評論: If the $12,700 support level holds, as it is down now, no further correction is expected. If that level is broken, then you can expect it to go lower.
交易結束:目標達成: You can use Bitcoin entry level above $14,200.

Correction seems to be over.

I don't do Bitcoin trading, I do ALTS/BTC.

With this update, we can close this idea.
評論: Looks like Bitcoin is trying to attempt to break the top. Let's see if he can accumulate enough strength.

(Binance, Bittrex, Telegram, Support, Training, Strategy, &)

✅ (AMC) Telegram Signals

@alanmasters Hey bro - would you say hold onto alts during btc run and be patient and let levels stabilise? Or sell alts? PS - Thanks again for great work - sending you a donation once backlog from finex is processed and can get some coin out thats not tied in active trades - will send you bits as I can :)
so would selling at 17200 to go short to 15000 be a bad idea?
trend reversal to .. ?
@ZeMoS, To the moon.
+4 回覆
Strangely, today, it seems that GCR and BTC are following a very close trend. Almost identical but double the percentage.
Spaceballs Spaceballs
Synchronim Spaceballs
@Spaceballs, take care on trading GCR coins. It's a dead coin which is mostly used for pump and dump when the price reaches ATL or near it.
+1 回覆
do you think that bitcoin could crash after they show future contracts
@kervv12, No. But that doesn't mean that Bitcoin isn't going to crash, a crash can happen anytime just like a bull run can happen anytime. So we always need to stay open to all possibilities, follow the chart signals, so that when something happens, we can adapt and act accordingly.
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