BTC long of a lifetime (kind of, but watch this wicked bounce)

11 may 2018

Alright ladies and gents. We have been given the GIFT of 8.7k before the next leg up past 10k. I repeat, GIFT. Hidden bullish divergence as seen below. 5 weeks of uptrend in a row. Haven't had more than 1 green candle since 19k until this run. Simply put, if we don't bounce here, and hard, I'll chop my balls off. Hold me to it. Regardless if you're not in a position already the R/R for a long here is stupid good for a long. The novice sees a head and shoulders. The pro knows we're in an uptrend and is filling up on longs where others are capitulating. There have been minimal large market sells and massive buy falls on finex getting filled.

11 may 2018

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Haven't had more than one green weekly candle in a row* since 19k. Stops below 8650 is a good idea as well. Although there is some good support at 8.2-8.4k so the risk to reward for selling at 8650 isn't all that great.