People are so focused on the hourly/ that they get emotional on every dip! Take a step back to the weekly/ and see why I’m so now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
Scenario: If we have a weekly close below 37k, and a monthly close under 30k on Bitcoin , prepare for another bear market! But indicators are pointing a strong reversal to Bullish!!
You can’t be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don’t follow the majority, because the majority will lose in the end! Also, don’t buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
1. – Momentum change on the weekly!!!
2. – Just had a cross and gaining strength to the upside!!!!
3. – When the Lips (Green line) is on top of the Teeth (Red Line) and Jaw (Blue Line), it indicates a trend!
The indicator: Uses three smoothed moving averages, set at five, eight, and 13 periods, which are all Fibonacci numbers. The initial smoothed average is calculated with a ( ), adding additional smoothed averages that slow down indicator turns.
“If you can’t beat the fear, do it scared!”
“Be fearful when others are greedy, and greedy when others are fearful!” – Warren Buffet.
“Markets are a device for transferring money from the impatient to the patient. – Warren Buffet
“Show me the charts, and I’ll tell you the news.” – Bernard Baruch
“The secret to investing/trading is figuring out how rich you want to be and how poor you’re willing to become.”