BITCOIN: First entry filled, keeping the strategy.

in hive-167922 •  5 years ago  (edited)

As I wrote yesterday, I am distributing some buying orders in the range between 7850 USD and 7600 USD.
Below yesterday chart on 15'-frame:

I managed to perform one of my buying orders at 7800 USD a couple of hours ago and it started to rise immediately after as expected...

But the count or, better said, the pattern is uncertain right now on the 15'-frame, since the price is rapidly descending towards the supposed 5th wave down...

Despite is clearer on the 1-H chart:

So, for the moment I keep considering valid the range I am playing, taking 7600 USD as the lower limit for the count.

Which is your strategy? Are you buying, selling or simply observing?

Enjoy!

@toofasteddie


*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.


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I'm buying every week a fixed amount of btc. Don't mind about price. It's my diehard HODLER stack.

Huge hug for you Edu! great work as always :)


Posted via Steemleo | A Decentralized Community for Investors

That's a good strategy as well, drop by drop you will fill your wallet.
Hugs also for you !BEER .

Some talk about 6k... Hope it doesn't deflate that much.

It might be if BTC does not reach a support around 7600 USD... that would mean that still we are inside the descending channel.
!BEER .

I think $5k could happen again. Maybe.

@toofasteddie Called it.... I guess I am just that good. lol

LoL

Waiting to climb some more and then selling :)

!BEER