RyanDreBach
做多

BTC will bounce around $8k

BITFINEX:BTCUSD   比特币/美元
BTC's price has been following the same pattern for it's past six retracements. As shown in my past trading view Ideas, I've been pointing this pattern out since BTC's reversal at $2k. I believe this is a continuation of this pattern. The pattern is as follows: BTC             follows a 1/3 retracement downward from it's last PPoR (peak point of reversal) followed by a retracement upward to the next peak PPoR 3/5 above the last.

I'm not sure about the speed of recovery or if full recovery is in the cards, though this is a great setup for a play on a seemingly guaranteed BTC             bounce. I'm personally looking to buy BTC             futures at 8x leverage around $8k. If BTC             continues to it's next PPoR, that would result in over a 2,000% gain on the said futures . The reward is clearly much greater than the risk in this play, and if the pattern breaks, it'll be quite easy to tell and likely far before BTC             nears $8k again, so in the worst-case scenario, I'll exit accordingly most likely still making a few hundred percent.
"PoR" should read "PPoR". Also, disregard the first "3/5 over PoR" text over the first "3/5 over PoR" text.
回复
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出