Richard Temple

2023-03-12 13:28:35 #BTC I continue to buy bitcoins, as I see a local change in the vector towards buying and I see compression towards the nearest resistance. I am placing an additional order to buy around $19k, in case of another sell-off.

Our nearest target is at $21600, and when it is breached, the price will be driven up to $22600, and then to $23k - $24k.

https://twitter.com/Temple_Crypto/status/1634863890314981376?t=wQC3tlHSfGVzJnriCrqRRw&s=19 Open / Comment

2023-03-09 14:37:06 #BTC Well, I'll average again, since we have support for both the previous low and for the downward correctional channel.

I don’t want to give up my bitcoins as long as the price is above the support.

https://twitter.com/Temple_Crypto/status/1633793974421934080?t=2lJa78DW8OqXuNdDtdvc5A&s=19 Open / Comment

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2023-03-03 14:22:16 #BTC It happened! My next entry order was filled. Now, my average entry price is $23188.

I expect that the price will increase from here. However, if the support level is absorbed, it could lead to negative consequences.

https://twitter.com/Temple_Crypto/status/1631615863743733761?t=u1iSSF5f0-QYNlcW6MQkuw&s=19 Open / Comment

2023-03-02 19:04:45 #BTC As I previously mentioned, a correction channel has formed. However, there was an unsuccessful attempt to break through it.

Currently, the price is being compressed towards the descending resistance level. If this level is successfully broken, it will likely lead to continued growth and renewal of the current local highs.

If the price is rejected at the resistance level, I expect a decline to the $22.3k area, where I plan to average again. My current average entry point is $23700.

I am confident that I will not have to close this position.

https://twitter.com/Temple_Crypto/status/1631324597906800644?t=ZaUaFeY5tWctiOFtCQFiyQ&s=19 Open / Comment

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2023-02-19 12:46:56 #BTC Don't be alarmed by the many arrows, they simply serve to clarify my points. I've created a bullish corrective channel, which means:

• While moving within the channel, funds are redistributed.

• When resistance is broken, the trend continues.

• When support is broken, the trend reverses.

The top left arrow indicates that the trend can be confirmed without approaching to the channel's support.

The bottom left arrow indicates that if we see an early decline in price, breaking below the ±$23k could be enough to reverse the uptrend.

The rest arrows should be self-explanatory.

Should the price fix below $22.3k, I'll search for a bearish pattern, such as a Head and Shoulders, and take a short position. However, if there is a rejection from the descending support, a confirmed breakout through the descending resistance, or a successful retest of it, I will instead take a long position.

https://twitter.com/Temple_Crypto/status/1627243208202719232?t=deKwRubGL1pRFqeALA5amg&s=19 Open / Comment

2023-02-12 12:04:56 #BTC As a result, the price broke the upward vector and fixed below the support, breaking the upward vector.

I anticipate two possible outcomes - either a pump before a sudden fall to $22700, which will wipe out the short positions and create new opportunities for fueling the price, with the new longs being open. Or, it may simply continue to decline.

The remaining purchases have been sold for a modest profit.

https://twitter.com/Temple_Crypto/status/1624695531254546433 Open / Comment

2023-02-06 22:12:01 #BTC Keeping you updated: Everything is progressing as expected according to the trade scenario I described.

On the left side, marked the point where I bought it with a small red rectangle. Currently, the price is moving in an ascending vector; And as long as the price remains within that vector, the priority will be ascending.

I will only consider entering into short positions if the price will start consolidating below $22300 to $22000.

https://twitter.com/Temple_Crypto/status/1622674371239190545 Open / Comment

2023-01-21 16:31:39 #BTC Due to the fact that the parabola continued upwards and the normal slope of the vector did not occur, I am cancelling the $19500 level. Provided that the ascent continues, people will not be able to buy so low.

Again, I see two options:

• A quick retest of $20500 to take fresh longs that were used to break $21350 - $22400.

• A fakeout around ±$24k and a retest of $20500 to take fresh longs that were used to break through the $22k - $23k levels.

Fixing below $20.5k and tightening to $19k - $19.5k will cause the vector direction to return to downward, where support for $19k and $18k will not save.

https://twitter.com/Temple_Crypto/status/1616790551487037440?t=q02kI_QlV0w-rw24FytPQA&s=19 Open / Comment