Home Trading The Chart Guys Bitcoin + Alts Value Chart & Evaluation (Feb 26th, 2020)

Bitcoin + Alts Value Chart & Evaluation (Feb 26th, 2020)

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20 COMMENTS

  1. What can i do to improve the timing of my entery’s ? A couple of times now i place my entery on a stock and then iT hits my buy , and after a couple of miners of staying just above my entery level it go’s down hits my stop . and 30 to 95 min later iT go’s back up to my enitial entery point and does what i though iT would do “ rip up “ to my target ?‍♂️

  2. Hi Dan, if we looking for an entry and we at the start of a confirmed downtrend wouldnt it be more profitable to look for a bearish entry before or after the 4hr bounce, say around 9k, and just hold. That's what I did as it seems more profitable and I could be wrong but I'm going with the trend then, and also don't have to be concerned about finding a re entry point before or after the bounce. Many thanks in advance
    P. S I sold my bearish position at 8540 to lock in profit, entered bullish with ETH and BTC for the 4hr bounce /rsi cool off as I get to sit in front of the pc and will have to look at a re entry point bearish once the pivot point has been set but my question still stands in that now I am looking for pivots for re entry etc and if I was only going to make one entry which is either bullish or bearish in BTC why choose the 4hr bounce in the downtrend rather than a set and forget bearish hold position around the 9k mark?

  3. Argentina 48% inflation 2017, Greek banking crisis 2015, Cyprus Government Bank Fiat confiscation 2013, USA/UK/EU banking crises 2008, US Gold and Silver confiscation 1933 /34 ??

    Best to diversify away from government and fractional reserve banking system into decentralised crypto such as Litecoin or Bitcoin to spread risk as well as secure your assets.

  4. BTC Monthly chart shows a bull favoring equilibrium pattern.
    Although ETH & LTC Monthly charts may not look bullish, you know that BTC carries the other coins with it.

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