I'm making a profit-based trade on an extended 9-day moving average pushing south. also around the price $1580 and 50 ma that I assume is going to hold as support. If that breaks to support the next move would be a the bottom of the rectangle and approaching the 200-day moving my moving averages are in the chart as 9ma white 50 ma blue and 200 ma red ... if we...
blah blah blah look at the chart Day Trading/Short term vs. Long Term Investing Day trading high risk Your not going to win all your trades… (important) 40% losses is a W… at the same amount if you trade 100 times if 60 are in the green your a W trader. If you loose on a trading strategy the first time doesnt mean its a bad stataegy. Journal your trades …...
exsamining this 20 precent jump from the 880 ... looks like we have as possible trend reversal but not likley ... it just seems too violent and way that I want a trend reversal to be is a little bit slower very slow trend reversal where we smoothly go on the 9MA and then peek your head over the 9ma and then we start crossing the 50 1000 and 200 in a 100 precent...
I put it all out there ... follow along but it looks like this is finding the bottom of this leg and we will be going sideways ... If we fast-track the bottom make sure your bottoms are ready ...
Never did a chart on the 200 weekly(1000 day) chart this one blew my mind ... looks like we will correct 60 percent at the cross of the 1000 day ... ummm i figure this will be final leg before we enter the bottom of the bear market ...
200 is bent down 50 is bent down ... Now the 9 ma we got some positive candles that looks promising for a short run but as i compare it to the stoch RSI might be short-lived... I expect a bounce off the 1600 but with heavy volume, we may breach that resistance line ...
Looking like we pushed down and we are flat .... we are will reject the 9ma and the SRSI just crossed ... Looks like we are going to push down on that 1900 resistance ... Lets see how the next few days ...
Its been a battle on the 9 ma ... What will it do? can we close above? only time will tell but riding the 9ma is a during parabolic move in major moves ...
We are pressing this resistance line all day ... Looks bearish and a good entry point at 1600 ... we rejected the 9 ma looks like we are on trend for this push-down...
We are in a downward trend with heavy sell offs ... We have 3 ways this breaks ... 1 the price goes sideways short term then it will likly break to the south ... we did hard stope the 1900 push so this could be a reversal but again this is short term ... if we ralley past 20 precent gains i would baby bounce into the next support level... Right now im just going...
After looking left I noticed we had alot of buying pressure that sent the price of BTC to its ATH and the rally was euphoric ... But im my realistic humble opinion think that we lost alot of steam and its going to take some pressure cooking to get to this next ATH... This is half the mountain ...
So this is my first stock i ever looked at but uber looks like its about to do 30 percent over the next 9-15 days
I measured the strong trends and used the precentages to predict the assumed price actions by looking LEFT/PAST ...
I have no clue but we have 2 options there ... it al ready retraced 50 precent so It could go up that makes sense but thats all it makes ...
why dont i just shave my head daily ... because i dont want to ....