I Just Got Out Of Jail.
Yup it's true...
I was bunking with a cellmate.
The food was horrible, almost as bad as an XRP shill in the comments section voicing their opinion about how ripple is the best cryptocurrency.
Don't worry, I was safe guys.
I didn't have any altercations with anybody. They knew I was a certified black belt in karate and that I lately had been training with Rex at Rex Kwon Do Martial Arts Center down there in the fabulous state of idaho.
But why did I get locked up?
I was convicted of doing a free giveaway on tradingview.
A lot of analysis, reputation, likes, comments and brand awareness got removed because of this.
If you're a fulltime trader and take your tradingview page serious, than please read the house rules.
With that being said, I will not be able to do the free giveaway that was planned. Sorry.
.
Now let's talk about Bitcoin.
The 2 week is still firing in red territory under Resistance.
I am also tracking its movement on the weekly timeframe which I do have a Crossover for a buy signal.
Based off the weekly I wouldn't mind adding like 10-15% to this position for a long between 7.25k - 7.50k range with a set stop.
My main signal will be when the 2 week closes for a better trend reversal.
Based off a trend shift to the upside here we would than battle the 9k-10k Resistance to see if we want to proceed towards a new bull run.
The key focus is that top Resistance break that we've been stuck under since ATH.
For the most part I'm still indecisive on its overall movement, considering that the monthly is red. Need some more time for it to play out.
I'm buying alts for long term plays.
Some bonus ideas:
The bitcoin halving will be in May, just right around the corner! Meaning that bitcoin will become more scarce when the block rewards get cut in half. The halving has been an indication for the previous multi year bull cycles to start developing.
Altcoins are starting to shift green, as most of them have been doing this year. I honestly believe that the alt markets sellers are to the final point of exhaustion. If you know the market cycles than you understand how this could be a bullish sign for crypto.
Bitcoin dominance continues to decrease. Use that as a sign that it's being moved to alts. Bitcoin dominance is going down while ethereum dominance is shifting up.
Best Of Luck,
Major League Trader
I was bunking with a cellmate.
The food was horrible, almost as bad as an XRP shill in the comments section voicing their opinion about how ripple is the best cryptocurrency.
Don't worry, I was safe guys.
I didn't have any altercations with anybody. They knew I was a certified black belt in karate and that I lately had been training with Rex at Rex Kwon Do Martial Arts Center down there in the fabulous state of idaho.
But why did I get locked up?
I was convicted of doing a free giveaway on tradingview.
A lot of analysis, reputation, likes, comments and brand awareness got removed because of this.
If you're a fulltime trader and take your tradingview page serious, than please read the house rules.
With that being said, I will not be able to do the free giveaway that was planned. Sorry.
.
Now let's talk about Bitcoin.
The 2 week is still firing in red territory under Resistance.
I am also tracking its movement on the weekly timeframe which I do have a Crossover for a buy signal.
Based off the weekly I wouldn't mind adding like 10-15% to this position for a long between 7.25k - 7.50k range with a set stop.
My main signal will be when the 2 week closes for a better trend reversal.
Based off a trend shift to the upside here we would than battle the 9k-10k Resistance to see if we want to proceed towards a new bull run.
The key focus is that top Resistance break that we've been stuck under since ATH.
For the most part I'm still indecisive on its overall movement, considering that the monthly is red. Need some more time for it to play out.
I'm buying alts for long term plays.
Some bonus ideas:
The bitcoin halving will be in May, just right around the corner! Meaning that bitcoin will become more scarce when the block rewards get cut in half. The halving has been an indication for the previous multi year bull cycles to start developing.
Altcoins are starting to shift green, as most of them have been doing this year. I honestly believe that the alt markets sellers are to the final point of exhaustion. If you know the market cycles than you understand how this could be a bullish sign for crypto.
Bitcoin dominance continues to decrease. Use that as a sign that it's being moved to alts. Bitcoin dominance is going down while ethereum dominance is shifting up.
Best Of Luck,
Major League Trader
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