Hello guys, Its me again, we had a lot of good trades on 2017 and then we had to face 2018 bubble burst.
I just want to remind you what happened on 2000 .com buble: A lot mass hype for a revolutionary technology that wasn't ready to be properly adopted for the masses( Global E-trade, Cloud Storage etc etc)
Basically companies were taking huge debt and risks on something that was ahead to its time but they in the next 20 years til now it got globally adopted ( go check APPLE, GOOGLE shares as examples)
ANY clue about whats happening with Crypto world right now ? ;)
Im expecting the price to drop around 100$/ 98$ and then starts the rally to 250$ in the next months.
Why?
Im taking as a base the NASDAQ on the.COM bubble of 2000 and looking for patterns.
Im taking as a base the urge of BTC to go to the 3400$ area before starts the bullish rally.
WEEKLY STOCH RSI showing divergence
As we know this is a very unpredictable market and we could go even to 0$, but money is made taking smart risks.
Let me know what you think and im ready to stard giving you new fresh profitable trade ideas as last year.
Happy Thanksgiving :)
I just want to remind you what happened on 2000 .com buble: A lot mass hype for a revolutionary technology that wasn't ready to be properly adopted for the masses( Global E-trade, Cloud Storage etc etc)
Basically companies were taking huge debt and risks on something that was ahead to its time but they in the next 20 years til now it got globally adopted ( go check APPLE, GOOGLE shares as examples)
ANY clue about whats happening with Crypto world right now ? ;)
Im expecting the price to drop around 100$/ 98$ and then starts the rally to 250$ in the next months.
Why?
Im taking as a base the NASDAQ on the.COM bubble of 2000 and looking for patterns.
Im taking as a base the urge of BTC to go to the 3400$ area before starts the bullish rally.
WEEKLY STOCH RSI showing divergence
As we know this is a very unpredictable market and we could go even to 0$, but money is made taking smart risks.
Let me know what you think and im ready to stard giving you new fresh profitable trade ideas as last year.
Happy Thanksgiving :)
Happy trading!