top of page
Writer's pictureMomentum Stock Alerts
Feb 2, 20181 min read

BITCOIN BUY ALERT HERE @ $8100 RIGHT NEAR THE LAST "PIVOT HIGH"


BotTrigger Trade Alert: $BTC bought @ $8100.

To make room for this we've decided to rotate from some of our alt coin positions by selling 75% of the following positions:

$REP sold @ $43.69 for 95% gain

$OMG sold @ $11.28 for a 50% gain.


Bitcoin is now getting to peak extremes on oversold signals on RSI values that have historically been associated with where the bottom occurs when RSI reaches near the 30 RSI range. We're now there. During this whole bleed out, RSI never touched down to the 30 level until today. The risk-reward setup for an entry is very attractive right here. We'll continue to increase our buy alerts on Bitcoin if we get down to the next support level which is around $6200.


Some of the greatest pearls shared by Jesse Livermore:

​

“Money is made by sitting, not trading.”

​

“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday, as though they were working for regular wages.”

​

“Buy right, sit tight.”

​

“Nobody can catch all the fluctuations.”

​

“There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play.”

​

“It takes time to make money.”

​

“Don’t give me timing, give me time.”

bottom of page