^
Comment:
Looks like its set up to go for resistance around 11.2K... not sure if I will sell then and try to buy back in a bit lower after a small correction or just continue to HODL. This is because at that point RSIs may be signaling overbought on the lower time frames
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Should have checked RSI before I posted .. it may still play out but I am neutral for the immediate term. see bigger trendline down on RSI than the flag
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My idea (although not trading advice and its risky to get shaken out) but it is to sell at 11.2K and buy back in at 10.5K. May end up being a paper trade since I am so bullish in the mid to long term
Comment:
zold
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I want more SATs!
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Now I just sold a quarter of my position that I trade with occassionally but will never touch 3/4 of my position for the foreseeable future
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Still fairly confident here about a small correction. 4h RSI trendline vs price below
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Looking for it to form the handle soon of the cup as it breaks out of the ascending channel (bearish when it breaks)
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zoomed out cup and handle
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back in here guys selling makes me realize how bullish I am ! neutral here could go up or down
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Well thats what happens when you stare at charts for hours you end up trading too often. Back to HODLING this bull run and not selling until I believe a 30% or more correction is coming. I believe comparable money will come from HODLING compared to day trading over the next 1-2 years. I know some people must day trade to pay bills etc, I am lucky enough to be able to HODL without needing income from it on a daily basis
Comment:
now time to enjoy saturday see you guys tonight or tomorrow morning with another update
