BTC Update (2 week chart) – Stochastic RSI Bullish Cross! for BITSTAMP:BTCUSD by jaydee_757

Before reading, get rid of your moonboy mentality and no emotions for dips/corrections!

People are so focused on the hourly/ daily timeframe that they get emotional on every dip! Take a step back to the weekly/ monthly timeframe and see why I’m so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!

I am still short term bearish and may even hit my targets shown in the chart! THESE ARE BUYING OPPORTUNITIES!!!!!! But we can just skyrocket from here! Lets see what happens!

You can’t be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don’t follow the majority, because the majority will lose in the end! Also, don’t buy the hype when everyone is buying.. instead buy the fear when everyone else is selling

Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!

FACTS (2-Week Chart):

1. Stochastic RSI – Crossed bullish July 5th on the 2-week! Had a confirmation cross over 20 level Aug 29th!! Last time we had this cross over 20 Level followed by the bullish cross, BTC did a 7x!!

2. MACD – Keep an eye on the bullish cross. MACD (Blue line) Cross over Signal (Orange Line). This will indicate a momentum change to bullish!!

3. Short term bearish , but long term bullish confirmation! BUY DIPS!!!

Targets Buy (If we go bearish and wick down):

Target 1: $42,465 (Corresponds to the 0.382 Fib)

Target 2: $37,166 (Corresponds to the 0.236 Fib)

Good Luck!

“If you can’t beat the fear, do it scared!”

“Be fearful when others are greedy, and greedy when others are fearful!” – Warren Buffet.

“Markets are a device for transferring money from the impatient to the patient. – Warren Buffet

“Show me the charts, and I’ll tell you the news.” – Bernard Baruch

“The secret to investing/trading is figuring out how rich you want to be and how poor you’re willing to become.”

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