BTC.charts on Nostr: Volatility is where the opportunity is. I want what the market wants. I chart daily ...
Volatility is where the opportunity is. I want what the market wants.
I chart daily the ebb and flow. Big picture Month, Day, down to 5 minutes. It takes a few minutes each day.
I open positions that may last days, weeks, or months. Every position opens as a momentum trade on a 5 minute chart with a specific condition to move to break even, or exit at a loss.
Once I'm at break even, I trail the stop loss, locking in profit. Or getting knocked out at break even plus a small gain.
The market decides.
At break even I open another position when the conditions I set are met.
Rinse and repeat.
I trade only the BTC/USD.
As with the last ABC wave correction, it's likely the next correction will be larger. My pencilled in projection is possibly from 130,000 to 70,000.
As I'm now buying BTC with USD, at that time to protect my investment, I'll be selling BTC for USD, until such time as I begin buying back BTC when the 5th wave, as I've charted, begins to unfold and BTC continues its rise in value.
All of this except the charting is executed by a bot. I'm kind of dumb I guess, although persistent, because it took me the mythical 10,000 hour journey to figure out my way.
I chart daily the ebb and flow. Big picture Month, Day, down to 5 minutes. It takes a few minutes each day.
I open positions that may last days, weeks, or months. Every position opens as a momentum trade on a 5 minute chart with a specific condition to move to break even, or exit at a loss.
Once I'm at break even, I trail the stop loss, locking in profit. Or getting knocked out at break even plus a small gain.
The market decides.
At break even I open another position when the conditions I set are met.
Rinse and repeat.
I trade only the BTC/USD.
As with the last ABC wave correction, it's likely the next correction will be larger. My pencilled in projection is possibly from 130,000 to 70,000.
As I'm now buying BTC with USD, at that time to protect my investment, I'll be selling BTC for USD, until such time as I begin buying back BTC when the 5th wave, as I've charted, begins to unfold and BTC continues its rise in value.
All of this except the charting is executed by a bot. I'm kind of dumb I guess, although persistent, because it took me the mythical 10,000 hour journey to figure out my way.