Both are long but one could take months while the second might take days. i would try to accumulate on the red line. Anything above the cross is profitable.
So, here is the thing. Accumulation have been happening at Profitable stage for a while. For that reason we are not seeing many of sellers at this point.This could be a long way up. My advice stay for the long run. Only buy what you can afford at this level. Second What goes up definitely goes down. So, enjoy the Bull market. Keep Cash on hand. And wait for it...
It looks like the whales are selling. Since most of them want to cash on bitcoin Price. As long as we stay up here we are golden. But even if we fall down. In the long run we will go up. Conclusion. You should have already sold out your short term profits. Keep long term Profits still in. (This could be temporary) Have cash on hand. In case we get another chance...
Here the Day chart is showing there is still massive bear out there. I would still hold my cash on hand. This trend is strong since 2017.03.15. Let's see where wil bitcoin finding footing. Looking the the month of bear. LOL
After going through a so many new articles about bitcoin fork. It don't think we are going to see bitcoin bottom. The trend line is holding very steady which includes 1 day charts and 30 mins charts. I think we should see new highest again by the end of this month. In the meanwhile have fun with volatility. :)
In my opinion its safe to accumulate right now. It's very unlucky this level will break. Its the first time in Pascal history a 2nd Level have been held for this long and so well. Looks like the bulls aren't going anywhere.
Could this a start of Pascal's Trend Reversal? 1st There are more Sellers than Buyers 2nd The Support is Getting tested. 3rd It is under the Bullish momentum. If we trade at this level for long we will definitely see the 52 week low again.
If we see this part get's filled and start trading here. This is going to be a break through.
Bitcoin Just Split. Looks like the second wave is coming Early !!!!!!!