BTC update 22.02.18
Wave a will be completed soon. Everything is running like I predicted in my previous post. You can revisit it here, if you want:
https://steemit.com/btc/@ew-and-patterns/btc-morning-update-21-02-18
I will never sell my altcoins at a loss, but I must admit that I am feeling a little pain. This is usually a bullish sign for the following month. I hope that BTC stays very close to my bullcount, because my bearcount suggests a drop to 2500$ BTC, which is of course not what we want to see... stay tuned...
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DISCLAIMER: This post / analysis serves general information purposes only. I am not, and never will be a financial adviser. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas (from my personal experiences) are. I use chart pattern and Elliott Wave analysis for my trading ideas.
For full disclosure: The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions!
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Have a nice day :-)
If the BTS 2500 scenario plays out, it would be nice to see some divergences in the quality altcoins. Of course, I'm referring to our beloved STEEM and BTS. Ideally, I'd like to see all coins rise in 2018 in unison, some more than others.
I hate to be the bear in the room but I have been quietly wishing the price go down so I accumulate more!! Seen many TA charts and have been watching very carefully. Good post!
Let's just hope it doesn't go down too much. I really should have bought some NEO and collected some GAS. I do have a tiny Waves lease which is making me a small amount of passive income. At least I'm getting STEEM for my work on steemit. That's something very nice.
hey sir, you're great. you're my boss, my sir because all time i got some helpful post from you. so sir, i respec you. i am your big fan. thanks sir.
Sir, sir, sir...
same here feeling pain but not selling my altcoins at a loss, i know it will go up i am holding hope so i will right holding it and also feeling same shit from last 2 months. i dont think so bitcoin goes down that much 2500$ but it will round about 1000$.
amazing work bro
thanks for keeping us update :)
Nice projection. Price is broke demand at $10400 and $10000. I see price retreating to $8400, before moving back up towards $17000.
I can't imagine it will go to 2500. I hope not.
Maybe sell a little now, to buy the dip in case it does? .25 BTC could buy you a full bitcoin if it plays out that way. That's if selling right now would give you a profit.
I struggle to understand this "only sell at a profit" mentality. If it's the right call to make to sell and buy back lower, then it's the right call no matter where your profits are. In the last dip I sold out 80% of my holdings at $11,500 despite being down on my investments by about 10%. I bought back at $8000 and $6000 and the following day I was back in great profits. I know it was risky but I was confident about the drop. I'm selling off a good bit again now but this time I'm quite profitable thanks to that risky move I made.
I sell when I think BTC is unstoppable and buy when I’m most fearful of it collapsing. it has worked real well so far. It’s against everything my mind/body think is right but Is very profitable.
thanks for your informative post.
is there any chance of another downward movement of btc price ?
thanks for the update news of btc dear
really appreciate that is
carry on