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Still below 200ma but you called it?
Hi Carl! I've been following your logic on the 200 MA but I wanted to point something out. The current 200 MA is measuring from 9 March to 6 October and is currently about 8539 USD. The problem I see is that back in March the price of Bitcoin was trading around 4000 USD eventually climbing to 5000 at the beginning of April, to 6000 the beginning of May, spiking at about 14000 in late June and today it's trading around 8000 USD.
That means that as the average moves each day, those smaller 4000, 5000, and 6000 dollar days are falling out and being replaced with whatever the current price is, in this case about 8000 USD. So let's say we keep moving sideways and continue to close around 8000 USD. The 200 MA on 23 October will be about 8800 USD and by November it will be above 9000 USD.
I would have to say that based on all of this, if the Bitcoin price doesn't top 9000 in the next 4 weeks, it will likely remain below the 200 MA for months, and at least until 2020.
Carl, pls check the 55 Weekly EMA, it’s been support for quite sometime now with a weekly hidden bullish divergence on the RSI.
i dont see anything bullish in the immediate term
I came upon a startling but very obvious piece while reading some news. Despite the recent downturn which of course is reversing, bitcoin still remains the best performing asset of 2019. On the smallest growth possibility from hodling, an investor who bought on the last day of 2018 would have more than doubled their money already and a trader with a combination of the right skill set and experience could have easily doubled their money in a couple of days or week. That is how profitable this asset can be but my biggest asset has been Sebastian Wigman who is a sophisticated trader and signal provider. After trading using his trade patterns and signals for sometime now, I look back and recall how blessed I am now. On the average, I grow my portfolio by at least 1 btc in a week by guided trading.I am so appreciative of him and cannot help but let others know about him. He can be reached on W H A T S A P P/T E L E G R A M (+44 7723 523446) for any crypto related inquiries
Thanks Carl
Yet another brilliant trade
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Why does Carl say "wazivizoo" at the end of all his intro?
Hey Carl, have you noticed the 365 daily ema, the 52 weekly and the 12 monthly ema? Don't you think they are holding as support right now? Cool video as usual, keep it up
Bullmarket????
killing it carl!
Need reverse brain processing power. I bought at $7800. Now it is $8284. BTC price action always beats TAs. Most of TAs are base on bear market trend that is good for short.
It exactly happened like you said, very good job!
4:57 Nice looking couple…wink wink.;)
Bitcoin is braking now EXACTLY like you said!!!
breakout soon i am long 10x, whats your position? now?
Bearish. Possible Bart to between $8,400 and $9,400, but after that, expecting a flash crash to circa $6k after which I hope to think about going long. A macro-concern is that market movers (who moved a lot of BTC recently) may have moved it for the purpose of selling.
thank you carl!! if anyone is feeling generous ?
3EvmXDn3EPuRysEQ3oaZkmjGffGUjjqR3P
This pattern is the same as the falling wedge you spoke about monthsss ago, it’s just a smaller version about 1/4th the size, we are going to break out in the next few weeks to $12,500.
trend is your friend still say BTC TO 7k LTC TO 45.00
Bitcoin to 5200. Next all time high in Q1 – 2022…. Sorry for telling you the end of the story..
BTC All Coin mooon ?????
u dont have ur own content always showing steve ideas without giveing him credit
Can't wait till you're on the Keiser report, yo.
p.s. Your success is cause we love you man. You keep it real. That's the #1 reason. Remember that.
hope for a bear market!!!!
It broke to the upside bro?
MM Crypto is trash
i'm bullish too