BTCUSD Bullish Long-Term [Weinstein Analysis]
For those of you unfamiliar, Stain Weinstein is a legendary trader.
His book, "Secrets For Profiting in Bull and Bear Markets", is one of the very few books on my must read lists for traders (new and old).
You can get a quick summation of the strategy to make sense of the points over here: http://www.nextbigtrade.com/stage-analysis/.
Line that up with my start on what I see the Bitcoin chart lining up as and you'll see why I'm bullish BTC here. It seems to be basing here...it's not necessarily passed stage 1 or even ended stage 4. Seems to be like we're back in stage 1...so hold (or "hodl"..gah i hate saying that but meh its a term these days) or re-enter with small positions and wait for stage 2 confirmations.
Any questions feel free to ask.
Cheers,
-dros
His book, "Secrets For Profiting in Bull and Bear Markets", is one of the very few books on my must read lists for traders (new and old).
You can get a quick summation of the strategy to make sense of the points over here: http://www.nextbigtrade.com/stage-analysis/.
Line that up with my start on what I see the Bitcoin chart lining up as and you'll see why I'm bullish BTC here. It seems to be basing here...it's not necessarily passed stage 1 or even ended stage 4. Seems to be like we're back in stage 1...so hold (or "hodl"..gah i hate saying that but meh its a term these days) or re-enter with small positions and wait for stage 2 confirmations.
Any questions feel free to ask.
Cheers,
-dros
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