NickTsili
Panjang

After a 8000$ fall, PREPARE to enter Bitcoin

BITSTAMP:BTCUSD   Bitcoin / Dolar
On the last months I prefer trading alts. I buy very-very low and I sell high. Now Bitcoin             seems to offer a good chance to buy it.

After a huge correction from 20000 $ to 11300 $, it seems that we are entering in an new uptrend.

MACD tends to show that, but (for the moment) not DMI and AROON . If you are not confident entering now Bitcoin             , wait until all of 3 indicators confirm the uptrend!!!

Personally, and because I have experience of how BTC             reacts after such falls, I will risk entering now.

Do not enter because I am telling you. Enter IF you feel it and WHEN you feel it!! That is why I say in the title "PREPARE to enter Bitcoin" and not "ENTER bitcoin"!


If we enter a new uptrend, where will the price of bitcoin             will go?
- In a case of an uptrend, I believe that it will easily break the 20000 $ barrier and will head to the psychological barriers of 25000 $ and 30000 $.




Feel free to post your comments! Any opinion is welcome!

* If you won good money with my help and wish to offer me a beer, you can donate me some (fractions of!) BTC             or altcoins!

BTC: 1Ety8UbujJSNmVcmgWXRewMkSbWf1sNoHb
BCH: 1Jqx9LRF8zZ6HwuMYB4PH88esePDZxkmUY
ETH: 0xcfb9742471e27b113e4752ce73af937c1c3b6681
LTC: LKFsPTckeJrMA7ojiiHmXHarriacAmGcna
BTG: GNLvMGUcUNzdHPev1gBeLHkYQEPRvHNDuN
SAN: 0xcfb9742471e27b113e4752ce73af937c1c3b6681

;)
Komen: I just received a couple of messages asking me for AROON and for DMI.
- for the AROON indicator to confirm an uptrend:
1) the blue line must continue going down
and
2) the orange line must turn up

- for the DMI indicator to confirm an uptrend:
1) the green line must go higher than the red one (so, here we must wait for them to cross)
and
2) the black line (showing the intensity of a trend) must be equal or greater than 25.
Perdagangan aktif: From the moment I posted the idea, BTC has grown by 8%. The evolution of all 3 indicators seem to confirm the forming uptrend:
1) MACD is confirming that.
2) RSI is confirming that.
3 AROON tends to confirm: blue line started going down and orange line goes up.
4) DMI tends to confirm: blue line started going down and red line goes up.

http://prntscr.com/hrejpm
Komen: Hoping that we have actually the formation of a double bottom...
Perdagangan aktif: Yes we have a double bottom. as confirmed some minutes ago by DLavrov:



We expect mostly that BTC will continue to rise. The trade is active.
Perdagangan aktif: The 13500 $ was broken on Bitfinex. Now BTC is trading at over 13600$. This is a good sign.

snapshot
Perdagangan aktif: All 4 indicators comfirm the uptrend:
snapshot
so will it fall to 8000?
Balas
NickTsili PRO Rolanduix
@Rolanduix, Noooooo! I did't say such a thing! It is going up
Balas
NickTsili PRO Rolanduix
@Rolanduix, When saying "After a 8000$ fall, PREPARE to enter Bitcoin" I meant the fall from 20000 to 12000$. It's -8000$, that's why I proposed to LONG bitcoin!!
Balas
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