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Thebulmarketisback

BITCOIN - "THE BULL" on very important SUPPORT!Bitcoin now it's trading at $7450. All it's clear with eyes... New Market-Cycle knocking. - We expect that Bitcoin could reach above old goal $19966.14. BTC - Bitcoin woke up! - Hope you guys you support our work with a like and share of this post! Also don't foreget to follows us! :) You can motivate us to post more analysis cryptocurrency charts! Thank you! ,) Mention: This is not FINANCIAL ADVICE! Just EDUCATIONAL ANALYSIS!
BITSTAMP:BTCUSDLong
by UnknownUnicorn5699044
The baggy dead stock bounce strategy: Another exampleI know nothing of this company. But either way, looks like a nice example of buying something beaten up down 99% after it starts rallying. When it goes down usually it goes down pretty fast (crypto won't be an exception btw), important not to overstay your welcome. I do not use this strategy at all. Adding an example, learning a bit more every few month or so... learn with me. If it goes to zero it is fine since this strategy aims for several hundred percent returns often. No need to go all in... Here we can see that we have a V shape reversal at the bottom, a ~50% retrace, then a C wave very extended. The ABC retraced ~50% ~55%. In the case of cryptocurrencies... They retraced 55%, from being down 92%, but this does not look like we are "at the bottom", they are still way up from where they started. Bitcoin retraced 78.6%. I am not sure the strategy is the same... Will see how this progresses. If BTC gets to a few dollars, it can go up thousands of percents... But who will get filled? Oh companies on the verge of bankrupcy can recover... You will never believe what company did this... (if you do not already know)... APPLE. In 1997 they were about to go bust and Microsoft threw 150 million in and saved them. Now Apple is pretty big (in a bubble thought). 99% or more companies just disappear cannot even find them on trading view whick makes it hard to analyse this strategy here. Kodak went bankrupt in 2012 and re-emerged in 2013: The "new" Kodak fell by more than 90% lmao. Not sure how much the previous one fell. In 96 the price was above 90$ and at the end it was circling around 5. They had a nice back to normal. The new company price does not pick up the old one. The probably issued less shares to make it look like they bounced back. If I look at the daily chart: That is just too fast. I also noticed something else. That I am keeping for myself. Sry. Rekt. Looking at more examples will help. Maybe a good new strategy in the future here? The point of having multiple strategy is more a safeguard if the ones being used stop working rather than to make more money or to diversify. One question remains: Where do all these poop chasing baggies come from? And why do they keep appearing?
NASDAQ:MNKDEducation
by MrRenev