Look like the buy was before approval, so i save som powder, i might get 180 tomorrowâŚ
I think 185 was a good deal. Lowest In a bullish scenario I see is 175 maybe.
181 sats was the .5 fib line which we would have probably hit perfectly, but the 20 MA on the Kucoin 8 hour chart caught it before it could get there. The .618 is a usual bounce spot, but in special cases where there is ground breaking news in the immediate future, the .5 level is perfectly fine. Iâll take it:)
I think we break past the big wall currently at 210 when the full iOS release happens next week.
The choice between fomo now, or cheap wait
I seem to say this a lot. But I donât see it getting any cheaperâŚlol! But every time I say that, I am proven wrongâŚbut since I actually am under the impression the bear market is over, I might actually be right this time.
The question that is really important is, are you really concerned with a 15 sat difference? I know my answerâŚbut thatâs for you to decide.
Seems like every day now there is a mainstream article declaring Crypto âofficiallyâ about to die. More negative sentiment than Iâve seen in some time - and always with the dumbest of arguments.
You never know, but the same scenario has preceded bull-runs in the past, soâŚ
I just know that, when i say, and, do wait for that 180, aint gonna happen,
Yes, that pi.ss outta the fake paracits with theyr 1500 private jets at Davos, knowing nada about crypto, says it can go to Zero⌠âŚ
Ah, wich i love politicians eating and feasting on our tabs to disquss, shaitâŚ
Where is the nuke button. Pardon my french if im to hot
yes, I see we dropped to 180 (hoping @JonneHex got filled?). 175 is definately possible seeing that is the .618. But there are a couple 1+ BTC buy orders at 176 and 177 they would need to break to get to 175. Iâm not saying it wonât happen, but itâs possible.
I got my bag! Woop.
The 175 is just estimate, not precise, so it can be 176, with you on that.
So, what are we saying after E, (175/6) - a major upward shot or?
With the little I know about Elliot Wave Theory, yes. We should have a 123 âcorrectionâ in the upward direction if Iâm not mistaken. @Tika should be able to explain better. IF that does take place, how high and how long it lasts is unknown.
Iâm so impressed by you @Tika How are you able to see & chart despite your visual impairment?
Volume is still missing, but Iâm looking for a bounce right here.
A rally becomes less and less likely though.
Perhaps Tika would like to elaborate on where he thinks the moonshot will land, that is if Tika thinks we will actually get a breakout. Must admit I am fascinated by these T/Aâs, as it appears there is nowhere near enough volume to achieve a breakout anytime soon! Or do the more experienced traders look at this type of T/A and say⌠âright lads, come on, lets all pile in nowâ
look like they watch this charts price just jumped to 190satsâŚmaybe just a pumpâŚ
LOL, yes. When volume reaches the low point, the smart money/whales makes a move because they know the retail investors arenât going to jump in with no action. So it becomes a situation where the market becomes a pump and dump or a dump and pump to reignite retail investors into doing âsomethingâ. It doesnât really matter which way it goes for the smart money/whales, they will win either way in terms of gaining fiat or gaining more coins. In the long run, the market is going to go up and they know it.
Although A LOT of TA people are pointing at all the obvious indicators and touting that âwe are still in a bear market and the trend is your friendâ, Itâs the whales that move the market, not the retail investors. We have to remember, especially with BTC specificallyâŚ1% of the BTC wallets hold 87% of the BTC. In terms of BTC wealth, it is NOT decentralizeâŚso the rest of us have to ride their coat tales and pray they go in the direction we want. I know the trend and the indicators say we are going to go downâŚand we very well might, but if we do, it wonât be far at allâŚwe may see a double bottom at worst. The market has already tried to dump multiple times in the last few days and it was quickly eaten up and bounced back. On top of that, the ETF was pulled until a later date for re-filing which was one of the major things many retail investors were counting on to ignite this marketâŚyet the price essentially did nothing. I still believe we are going to go up in the short term, but we are definitely at the beginning of the accumulation period which could last 4-6 months or so.
As always, not financial advice! We could always plummet to $1200 at any minute and I could look like the biggest joke in the world. But thatâs all part of the game we play in this market.