Bitcoin Trading

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Di ko pala ito na clarify..paki research na lang yung mga price movement formation sa stocks or any other markets.

Example, yung rising wedge, ascending triangle..etc.

Masyado tayo technical dito, pero at the same time dapat din tayo updated sa fundamentals. Study and do some research.
its okey to be technical for me mas malaki percentage ng technical analysis cyempre may fundamental at sentimental din na dapat iconsider.
Upon doon sa mga new sa trade i suggest take time to understand the concept part of trading like candlesticks timeframe currencies pairs and most important the 3 analysis used in trading which are technical, fundamental and sentimental. Do your own research thru youtube. And for suggestion site take time with babypips.com
 
Bitcoin halving is approximately in 16 days..! Will it follow the traditional market? or mag decouple na?

Stay on the sidelines muna ako for trading waiting for an opportunity to fight back. Di maganda results ko last week.

PERP BTC 042620.webp
 
Will it break down or above? maganda results nang market (DOW and S&P) while oil is tumbling down and di maganda yung economic data.
PERP BTC 042820.webp
 
Nabasa ko. Prediction nila this May 2020 yung bitcoin halving. Pero before the end of this year tataas dahil sa demand. I dunno which is which pero nahooked ako magbasa at matuto about cryptocurrency trade and mining
 
Nabasa ko. Prediction nila this May 2020 yung bitcoin halving. Pero before the end of this year tataas dahil sa demand. I dunno which is which pero nahooked ako magbasa at matuto about cryptocurrency trade and mining

That's good boss. keep reading and do some research about crypto..
 
Indeed a breakout above the wedge..next target is $8K. I have my long position average below $7750/BTC. This will keep going up as long as yung traditional market keep going up.

PERP BTC 042920.webp
 
Ito yung short term targets which I mentioned while ago, the once I bought at $8600 were sold at $9K.. But still keeping my long position average way below the current price. Since more on negative sentiment ang market in the coming week, I am looking closely at 20 simple moving average on a weekly chart which is below $8K..

PERP BTC 050220.webp
 
Photo not mine, but this is what i've been waiting for, yung decoupling nang tradional market example between S&P and bitcoin. But I need more confirmation, especially next week.

Decoupling.jpg
 
Take note, yung tinitrade ko is a very2x small portion of my total Bitcoin asset..I hold majority of my bitcoin and even added some when the price dip. There's no reason for me to sell soon even mag parabolic ang price movement in the couple of weeks or months. It's way too early. Mag hold ako as longer as possible..
 
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