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 $.
Feel free to post your comments! Any opinion is welcome!
* If you won good money with my help and wish to offer me a beer, you can donate me some (fractions of!) BTC or altcoins!
I just received a couple of messages asking me for AROON and for DMI. - for the AROON indicator to confirm an uptrend: 1) the blue line must continue going down and 2) the orange line must turn up
- for the DMI indicator to confirm an uptrend: 1) the green line must go higher than the red one (so, here we must wait for them to cross) and 2) the black line (showing the intensity of a trend) must be equal or greater than 25.
Dagangan aktif
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From the moment I posted the idea, BTC has grown by 8%. The evolution of all 3 indicators seem to confirm the forming uptrend: 1) MACD is confirming that. 2) RSI is confirming that. 3 AROON tends to confirm: blue line started going down and orange line goes up. 4) DMI tends to confirm: blue line started going down and red line goes up.
@Rolanduix, Noooooo! I did't say such a thing! It is going up
NickTsili
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@Rolanduix, When saying "After a 8000$ fall, PREPARE to enter Bitcoin" I meant the fall from 20000 to 12000$. It's -8000$, that's why I proposed to LONG bitcoin!!