To be successful you should not think like the average person, for the average person BTC is done, and it is never going to 20k again, the smart investors have been looking for cheap crypto since last year. i am almost certain that we are pretty close to the bottom, so unless you are a day trader, then this is pretty much the wrong time to sell, most people bought btc for 8-10-15k and they are selling it now to cut loss! it's very stupid that they have waited this long and giving up now.

what I am worried about is a few months of side-ways market where price would be ranging from 2-6k for months if not years before the bull run starts, more people will fold , but those who hang in there are going to get the reward.

this is not a financial advice by any means, but buying btc from 2 to 4k is something you will never regret in 3 years from now.

so the low 4k area did really become resistance, and we did bounce from there, i shorted at 4100 and am closing my position now at 3792.

the bulls started to show some strength, the 3500-3700 will become a strong support. since the fall no level held the price like this, so it's making me a bit worried about shorting atm. following Binance chart any close 4 hr close below 3700 will be a good short signal.

i would place my bet on fabiorem price 

daily bump

are you one of the naive people who think Arabs actually have access to oil by digging a 10cm deep whole in their back yard and take it to the market and sell it for $?  oil industry is 100% controlled by the governments. so what you hoping for as exactly the same as the Russian/Canadian govs accepting bitcoin for all their exports?

shit like that ain't going to happen.

and as for the average folks in Arabis, BTC is quite popluar and mainly traded in OTC manners.

 for the OP , if you are looking for a seller in Saudi Arabia i can make a few calls, just PM with what exactly are you looking for.

couldn't agree more, finding a perfect bottom is usually impossible, that is why you need to buy close to where you think that is. if you sold the break out of the triangle, then you are already in profit, and the best thing to do as i said a few times before , is to buy in portions. that 3000$ might not be the bottom, it could be 2500$ or 3500$ for that matter. 

Looking for 5 pcs of bitmain antminer s9 , preferably S9i or j . 

I do not need PSUs with them, but if the price is tempting i will get the PSUs too.

please PM your offer and Location of the miners.

Forum Escrow is a must.

payment in Crypto only.


 

if you are a day trader , or learning how to trade i suggest you give this a look > http://www.learntotradethemarket.com/price-action-trading-forex?gclid=EAIaIQobChMI6rOkxrXw3gIVZ7vtCh33Rww1EAAYASAAEgLn4_D_BwE


the easiest and the best strategy is the simplest one. i tried every indicator and other methods, but to me, the basic support/resistance lines with the basic price action is the most accurate. as nothing is 100% correct all the time, but if used right, you will most likely succeed.

this not a financial advice what so ever, trade at your own risk.

the bears are losing moment, a bullish divergence is starting to show on the charts, but the volume is still low, and I do not think this is the beginning for the rally but rather a correction, i will be looking for  short signals. i could be wrong that's one thing for sure, but what it makes more sense to short the market now,at this point we will see many bull traps, a good 5-15% increase , people start thinking this is it, they go all in ,  and get liquidated.

unless you are buying for the long term, then it's stupid to long now. but if you are just trying to hunt for bottom then it makes sence to buy every dip with small positions, so that your average buying price will be reasonable.but if you are a day trader, then you will be set for bull traps, the low 4k will most likely be the new resistance for now, hard to break to the up side, of course when i say break i mean at least a 4hr candle close and not a 1 or 5 mins candles.

but overall , the bulls are coming back, i do think the 3500 support is starting to become strong but it might not sustain, am still looking for 2.9-3.1k . but i will buy again at 3.4k to 3.6k if the i see similar rejection to the last one.

اشاركك الراي اخي.

انا مهتم بالموضوع في حالة انه ثقني بحث وليس مبني على الاعلانات والايكو وغيرها.

المطلوب من صاحب الفكرة ان يعطي تفاصيل اكثر عن المشروع.ويحدد المجالات المطلوبة بددقة لكي يعرف كل شخص مهتم بالموضوع مدى قدرته على افادة الفريق

بالتوفيق

if that level does not hold, you simply get out of the market and wait for the next support at 1800$, also what you mentioned is right, i assume a wise man won't go balls deep at any level,i will always keep fiat just in case. but one thing for sure is the SL hunting, i don't usually set a SL, i wait for a candle close of 4H at least. i literately rode every way up of the prev large triangle. i knew for sure i would sell the moment it breaks, but i never sat a SL, i waited for a candle to close and it always closed above the trend line so i was never worried, the only time i did exist was the time i published this topic. it was a huge candle closed below support, and it was a very clear sign for more dip. so my advice is to always wait for a candle close to avoid most of the manipulation.





i can answer for them . those people do not look at the charts , they buy BTC whenever they feel like it and whenever they have the cash, and keep waiting for ATH, the moon boys and the hodlers will sell at 20k this is one thing for sure, but you know what's going to happen later? btc will go to 40k only then they will decide to buy, by then we going to sell at 40k and wait for them to give it back at 20k.

24/11/2018  9:55 pm (GMT)
UPDATE : BTC is down about 30% from the time I posted this, some moon boys probably did not like what i said, some said TA is B.S . but if even 1 person took my analysis seriously and benefited from this i am glad enough.

currently btc is trading at  3940$ on binance .

we will see some relief from here, but most likely only a bear flag that will only bring another dip.

my strategy is to buy into this market slowly as the bull run could happen any time, but major buys will be around 2900-3100$ .  i might increase my buying postion at 3500$ area if i see some good price action.


as i mentioned in one of the comments, the only way for BTC to really be in a bull market is with a daily close above 7500$ with some huge volume, aside from that any surge is nothing but a good chance to short.

in a perfect world you could be right,  but the wealthy are not really geeks, and the geeks are not always wealthy, most of the IT geeks make just enough for living while the owners of the the large institutions do not know shit about IT , they simply have a business mindset and that's all they need.

trust me when i say this because this is not a speculation but an exciting fact. I can bet a horse that Bill Gates programming skills are not even quarter as good compared to an average programmer living somewhere in Asia hardly making 500$ a month of 10-12 hours of continuous coding.

 

I totally agree with the first sentence while strongly disagree with the second part, i know most people are blindly married to BTC , whereby if we had to discuss the technical strengths of BTC vs some ALTS , i am pretty sure BTC will fail big time,but we leave the technical part aspect and focus on the possibility of growth for BTC vs ALTs since we are talking about price and not the technology.

while BTC is considered to be the safe haven of the crypto market , and as for now the market can not survive without bitcoin that's one thing for sure, but if you are looking for profit then the odds goes to ATLs side. for many reasons one which is simply the market cap of those alts.  now of course that goes both ways for gain and loss of value.

keep in mind some of these shitcoins will most likely vanish , but some will sky rocket .

10-12 hours a day. i sleep a lot .

 

Chance per block: 1 in 5,168

not bad at all 

Thanks patrike.

if you believe in resurrection then you should not be afraid to meet your wife again in heaven. just do good deeds in life, help others while you can and die in peace.