The head and shoulders was a clear indicator for bad news, but it took approximately 2 weeks for it to begin playing out. It seems as if it will continue to drop steadily until an $8000 price point. This could stop higher around $8500-$9000. I am loading up once it breaches $9000 in increasing increments.... For example, at $9000, buy 1 bitcoin, at $8700 buy 2 bitcoin, at $8500 buy 4.. and so on. We can use this technique with fractions of a bitcoins and/or with as little as $100.
Please post your comments, questions, opinions and lets share our knowledge! I am happy to hear what you think.
And for obvious reasons, please don't take my opinion as financial advice. I plan on creating a respectable track record here on Steemit, where everyone can chime in, share, and profit.
Have a great week!
Johnny Rocket
P.S. This is my first post. I work as a day trader. I have been trading US stocks for quite some time now and within the last year I took up crypto trading as well. I specialize in technical analysis (reading charts), patterns, indicators, ect.
I hope you enjoy the content and thank you for reading.