It´s been a while since then and you can see how my prediction for - Big buy opportunity for the mid/long term is doing. I´ve tried to take your focus on big RSI individual cycles as well as peaks and lows in way of FEAR & GREED back in there and I think its a good time to revisit that older idea since 2 years passed. This is for me actually a mid-term investment. **You need to know the difference
** ( INVESTMENT !! Not TRADE! Mid-term TRADE I would consider 3-30 days based on the market situation as well as other factors like margin/leverage, traders TA knowledge, R:R setup etc.
Playing cycles big as 5-10 Years are long term investments for me and they usually pay 98% of the time but 4 Years cycles are good one too (Halving tip) to be seen on MACD
remember! Patience is the key but having a good R:R plan is must-have!
Now PAY attention That same FEAR and GREED strategy signals are to be seen on lower timeframes as well I literally called a perfect pre Bull cycle bottom based of the same on 2D chart
If you pay attention longer time on the two images aboove then you might realize how powerful the market sentiment and cycle reading is for investing before you go to trade with a little portion of your investment portfolio into trade with leverage and highers risks increasing based on your skill growth
Now when you're more skilled if you are able to put two different technical methodologies into one idea like RSI divergences (GREED/FEER cycles) + VOLUME + MOVING AVERAGES + FRACTALS etc. Then you can be more confident of your R:R Plan and keep calm holding investments for a longer period of time even if noise pump and dumps happen on the way
+ below
Wise to take some profits if you jumped at the time of previous call into the game but after such gains its also smart to keep some gains rolling for a longer period of time in the longer cycle
I personally think that we will not see Bitcoin sub 30K in next 5 years & that push towards and over 100K is yet to come within this year
Bitcoin = superior digital GOLD --- supply & demand !!
*Interesting fact approx. 3M of Total 21M Bitcoin is allready lost forever.
ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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