Mark_R (OP)
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December 27, 2019, 12:57:06 PM |
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The New Year is coming, as well as long-term projection. It's getting more interesting here, as inside the downwards channel formed the golden cross (view the previous post) is formed that is a bullish sign. Along with this, the head and shoulders pattern is being formed since the beginning of the month. Currently, we are at the bottom of the second (right) shoulder. Thus, the next movement is likely to be an upwards tendency with significant levels of $7600, $7800, $8150 and above. 2020 formula is: Golden cross + halving + head and shoulders = bullish trend So, Happy new year guys!
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Mark_R (OP)
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December 27, 2019, 03:38:32 PM |
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I was asked several times about trading bots. Yes, I do use trading bots. No, they won't gain you millions at once. The idea is to monitor and adjust them timely. Read the article on the risks they bear here: https://bitinsure.com/blog/?p=59
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tambok
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December 27, 2019, 04:03:19 PM |
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I was asked several times about trading bots. Yes, I do use trading bots. No, they won't gain you millions at once. The idea is to monitor and adjust them timely. Read the article on the risks they bear here: https://bitinsure.com/blog/?p=59Thanks sir Mark, I thought that bot is really useless at all and just a waste of money, as my friend offering me a trading bot, I just forgot the name but he said that he's been using it for years! Anyway, I will also take a look at it,will check if it will fit for me, yes sir, no one can make us millionaire unless ourselves, thank you!
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Swordsoffreedom
Legendary
Offline
Activity: 2870
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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December 27, 2019, 11:56:31 PM |
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The New Year is coming, as well as long-term projection. It's getting more interesting here, as inside the downwards channel formed the golden cross (view the previous post) is formed that is a bullish sign. Along with this, the head and shoulders pattern is being formed since the beginning of the month. Currently, we are at the bottom of the second (right) shoulder. Thus, the next movement is likely to be an upwards tendency with significant levels of $7600, $7800, $8150 and above. 2020 formula is: Golden cross + halving + head and shoulders = bullish trend So, Happy new year guys! Nice observation, Mark! This is the first time I saw someone noticing this pattern. Probably because the shape is not really perfect and clean but definitely there is a head and potential for second shoulder. I usually see the pattern only when it's already fully formed but this is the quality of more experienced traders like you who see the pattern before it's actually formed. So we should see very soon if you're right - the shoulder needs to form before January 1st.
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Sadlife
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December 29, 2019, 01:10:14 PM |
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Only few people could do this kind of stuff that takes huge risk, i probably can't do it. Giving up everything like important possessions and to trade it cause the intense pressure for failing is really huge i might do some emotional trading and we know that's really bad, but this tutorial and story is truly informative and inspirational. I'll make sure to keep this strat in mind and try anything to see what really works for me best.
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JC btc
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December 29, 2019, 04:01:11 PM |
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Only few people could do this kind of stuff that takes huge risk, i probably can't do it. Giving up everything like important possessions and to trade it cause the intense pressure for failing is really huge i might do some emotional trading and we know that's really bad, but this tutorial and story is truly informative and inspirational. I'll make sure to keep this strat in mind and try anything to see what really works for me best.
Well for sure that before he gave up his work and do full time crypto trading, he studied it well first and when the time he's ready he gave up everything for the passion of trading and to earn more and this was what happened to him, taking risk sometimes will really help you in achieving your dreams.
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Swordsoffreedom
Legendary
Offline
Activity: 2870
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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January 03, 2020, 05:00:34 PM |
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The head and shoulder pattern didn't evolve exactly like anticipated but maybe the whole thing is more stretched and the second shoulder formed now. Let's see if Bitcoin breaks resistance at $7670 - this would be a strong bullish signal in my opinion. If it fails, the pattern was bull trap and drop to bellow $7000 is likely. Do you have any trades open Mark or you're waiting like I do?
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FLoving
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January 03, 2020, 05:41:34 PM |
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Only few people could do this kind of stuff that takes huge risk, i probably can't do it. Giving up everything like important possessions and to trade it cause the intense pressure for failing is really huge i might do some emotional trading and we know that's really bad, but this tutorial and story is truly informative and inspirational. I'll make sure to keep this strat in mind and try anything to see what really works for me best.
Well for sure that before he gave up his work and do full time crypto trading, he studied it well first and when the time he's ready he gave up everything for the passion of trading and to earn more and this was what happened to him, taking risk sometimes will really help you in achieving your dreams. He not only took the risk but he gave his full time to the trade and he continued with full strength to do the crypto trade, I also have an experience in this in the past when I stop doing marketing and gave the whole day in studying the market and about the coin and its business in which I planned to invest and in that I earned a very good income but in 2018 I stopped trading and hold all my coins to wait for halving or a good market like 2017 December.
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Mark_R (OP)
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January 03, 2020, 08:07:13 PM |
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The head and shoulder pattern didn't evolve exactly like anticipated but maybe the whole thing is more stretched and the second shoulder formed now. Let's see if Bitcoin breaks resistance at $7670 - this would be a strong bullish signal in my opinion. If it fails, the pattern was bull trap and drop to bellow $7000 is likely. Do you have any trades open Mark or you're waiting like I do?
Well, for now we see what we see in the market Yeah, I have some on BTC, ETH and BNB for now, but currently I'm more focused on short-term trading. Also hodl
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Mark_R (OP)
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January 03, 2020, 08:07:27 PM |
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Started the year in the right way! The major significant bullish&bearish levels are at the chart. Closed long position in the middle of the neutral channel during the consolidation
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Wipeout2097
Sr. Member
Offline
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
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January 06, 2020, 05:53:25 PM |
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Its a peak of financial freedom,Yes you are as trader own boss and make decisions accordingly. Cryptomarket have potential you can earn as you want but the knowledge and learning matters.Best trader always a learner who learn from past and worst situation of trade and avid in future to revise same mistake.
Keep learning and enjoy your profits and help those want to learn,because this platform teach us to learn and grow together.
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qiwoman2
Legendary
Offline
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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January 06, 2020, 09:50:52 PM |
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Great to see a professional trader who took the leap of faith and is trading now full time. When I read your story that you made 12 Bitcoin in the first month of trading, I was well impressed. I was hoarding coins and lost them in the bear market as I was a hodler and not a trader, but now I do trade, just one or two currencies and slowly trying to get back my losses. Although technically I never lost capital I invested, only lost capital I made form working for crypto. I am in a full-time crypto job and get paid in Bitcoin which is nice but I trade part-time for a hobby. I like where I work as they are a blockchain company so will not be leaving any time soon, but trading is fascinating indeed and we learn a lot about ourselves also when we trade.
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Mark_R (OP)
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January 06, 2020, 10:34:50 PM |
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2020 started in a green color. The strong level (upper border of the range) $134 was broken out after the breakout of the overall downward trend breakout. Then followed the retest pattern (at $134) that confirmed the bullish sentiment along with the cross (MA50 & MA100). Opened a trade at the retest and closed it at the price consolidation (the second significant bullish target).
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Mark_R (OP)
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January 09, 2020, 09:34:05 AM |
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The price was the fluctuation in a neutral range for some time (most of December). However, at the beginning of the month, the price broke the upper border out ($7900) and reached the next target ($8500). The resistance turned out to be strong so that the price consolidated giving a signal for the short trade. I opened trade at the second top inside the consolidation. The price dropped to the support (trade closed). For now, the price still stays at this level. Let us look if it goes up or enters the neutral range back.
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MWesterweele
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January 09, 2020, 01:45:46 PM |
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Only few people could do this kind of stuff that takes huge risk, i probably can't do it. Giving up everything like important possessions and to trade it cause the intense pressure for failing is really huge i might do some emotional trading and we know that's really bad, but this tutorial and story is truly informative and inspirational. I'll make sure to keep this strat in mind and try anything to see what really works for me best.
Yes I cay that OP is really courageous, and I think if he still continue to hold his bitcoin, or if he already sold it and there were few that in his hands with this sudden pump of bitcoin now, I can say that he made a right choice, and he indeed is a professional trader, he is aware of a big risk that he will be facing and yet he still quit his job to do some full time trading, I admire the trait of OP, but we need to face any consequence of it, when the time that we is in his place not all ar lucky like him.
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Kambal2000
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January 09, 2020, 03:31:28 PM |
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Only few people could do this kind of stuff that takes huge risk, i probably can't do it. Giving up everything like important possessions and to trade it cause the intense pressure for failing is really huge i might do some emotional trading and we know that's really bad, but this tutorial and story is truly informative and inspirational. I'll make sure to keep this strat in mind and try anything to see what really works for me best.
Yes I cay that OP is really courageous, and I think if he still continue to hold his bitcoin, or if he already sold it and there were few that in his hands with this sudden pump of bitcoin now, I can say that he made a right choice, and he indeed is a professional trader, he is aware of a big risk that he will be facing and yet he still quit his job to do some full time trading, I admire the trait of OP, but we need to face any consequence of it, when the time that we is in his place not all ar lucky like him. That's what you called following your heart and we really need this to follow our passion always because we need it for us to be able to become successful in life. Look at the life of most people who becomes millionaire, they took the risk in following their heart although it is opposite of what their parents wanting for their life.
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Mark_R (OP)
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January 11, 2020, 02:17:44 AM |
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ETH price correlates as usually with BTC price. After the strong breakout then dropped breaking out the strong level. Then followed the retest confirming the movement of the price (the right time to open a trade!).
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EdvinZ
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January 11, 2020, 06:33:08 AM |
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Quitting your main job if it's well-paid and you have a successful career is not the best solution. It is better to try to combine trading and job. Because the profit from trading assets is not guaranteed, but there may be losses. Although, if your capital allows you not to work, and the work is not loved, it may be a good solution.
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Mark_R (OP)
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January 13, 2020, 04:59:36 PM |
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XBTUSD price after the breakout of a range with the upper border of $7900 consolidated forming a triangle inside the diapason of $7900-$8500 with the core levels as the upper and lower borders. Currently, the momentum is expected. I'm waiting to open a trade at the confirmation candle.
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Mark_R (OP)
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January 15, 2020, 11:43:48 AM |
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XBTUSD price, as it was stated in the previous chart, experienced an impulse after a triangle pattern . The impulse was strong enough and the price broke the $8500 level out. Opened a long after breakout at the price consolidation. Closed at $8790. Currently, the price is expected to move inside the range of $8500-.$9400
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