meszaros

BTCUSD is a long term investment long...

Long
BITSTAMP:BTCUSD   Bitcoin
Let's look at graph W1. It shows a regularity. The essence of this regularity is that it moves twice the amplitudes of the ATR endpoints indicated by an ATR-based indicator (PSAR) in the event of an exchange rate correction. This seems to be bitcoin's own. Utilizing this regularity, I'm looking for a fractal in the exchange rate movement. I found it as shown. This rule system has been held by the exchange rate for the second year, so I will build my further trading on it. I assume, as a long-term trader, that the exchange will soon turn north. I'm expecting a turn in the $ 5700-7000 range. Again, I am trading long-term. I take a long position in this range. The target current can be several months, even one year. I assume that the fractal shown in the figure may build up to a target price of over 20000 usd.

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