Time: 3.35 P.M. / GM+2 / 26th Feb, 2018 – Mon.
- When I sold the top of 2017 at 19.7K, everyone said: I got crazy!
- When I predticted the low of 2018 at 6K, before 5 days from the drop, they said: I am wrong!
- When I made the first buy call on 2018 at 6.1K, everyone was with the bear wave!
- When the price reached my target at 11.7K, I sold the 11.65K ( was the second call on 2018 ) and everyone did not understand why!
- When I caluclated the possible low of 9.2 k, before 6 days from the last drop, no one believe that I am right!
- When I made the third call ( was buy call at 9.37K on 24 Feb), they said:
I am a loser!
When everyone with bullish trend, @lordoftruth with bearish move!
When everyone with bearish trend, @lordoftruth with bullish move!
I think something wrong with me, the last 12 year.
Usually, I hear the sound of drop during the bearish wave..
But as I did not hear anything, the last 72 hours! The trend is up..
I hope that I am wrong this time and I have problem with my ears !!!
I am a trader like you..
I do not sell the trend, I trade it..
I do not read the chart, I make it..
I am here just to highlight some facts about trend,
the reason why I made Bitcoin Trend simple, to understand it..
Enjoy the trend, my friend..
Upside continuation is expected / to at least 5/8 resistance area / to hit the target 14.5-15K, on the end of March..
Maybe as trader, I see what you did not see, maybe I am wrong, but this is the way that I trade, do your own due diligence!
No one knows tomorrow's price or circumstance. I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader. I do not accept responsibility for being incorrect in my speculations on market trend.
- Bitcoin is currently trading around 10.1K at time of writing and the trend for the rest of day is bullish.
- Bitcoin Core 0.16.0 is released.
- Bank of America warned its clients about the risks of cryptocurrencies while it was reported that Austria is planning new regulations for the industry and ICOs.
Support : 9300.00 level (Major).
Resistance : 11000.00 level (Major).
Expected trading for the rest of day:
is between 9300.00 support and 11000.00 resistance.
Expected trend for the rest of day :
Bullish.
Medium Term:
Bullish.
Long Term:
Bullish.
The low of 2018:
5947.00 / IHS Bottom.
The high of 2018:
25000.00 level / Expected.
