IvanLabrie
Long

BTCCNY: Bullish above 2210, aiming for 8818.35

BTCCHINA:BTCCNY   Bitcoin / Chinese Yuan
3566 66 45
a year ago
Analysis on chart, risk 1-2% on each entry.
One at market now, and one at 2492.61, stop 2210 for both.
You can book partial profits at this month's high, if and once we retest it.

BTCCNY             is currently above the downtrend mode, and has created an 11 month buy signal, while RgMov is trending up and broke the all time high!
This is no small feat, BTCCNY             to the moon people.

For more information and insights into managing this position, scaling in, and understanding the logic behind the technical setups contact me via pm. I'm currently hosting a skype group, where I share trade setups and also provide traders with training, as well as 2 private webinars per week, and also giving tutoring via skype calls, on a one on one basis.
See the GBPAUD-0.93% idea for an example of the kind of work that I do.

Cheers,

Ivan Labrie
Time at Mode FX
a year ago
Trade active:
snapshot
a year ago
Comment:
snapshot


Downtrend failure, seems like buyers exist and are holding price up there.
a year ago
Comment:
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Up we go.
a year ago
Comment:
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a year ago
Comment:
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a year ago
Comment:
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a year ago
Comment:
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a year ago
Comment:
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a year ago
Comment: Stamp view:

snapshot
a year ago
Comment: Stamp:

snapshot
a year ago
Comment: BTCCHINA:

snapshot
a year ago
Comment: Some selling pressure but no big player in sight.

snapshot


Buyers stepped in after the selling stopped.
2:25 hours to go. As long as not moving below the blue line, bullish signal might happen.
Wait for the close. Set alerts to indicate when the blue line is taken.
a year ago
Comment: Heading for an inside day close I think.
Building volume at one price, drifting up and down.

snapshot
a year ago
Comment: 4h has broken an important low volume support.
Careful if long.
You can cover half and wait...if stop hit, didn't lose 100% of the risk size, if not, it can still work.
2 months ago
Comment: Time ran out and target failed to get hit, we might be getting into a big triangle consolidation for a while.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
arnaudgaudin
a year ago
Are you sure of this ? I mean I did a market order like you told and boum, the price drop by 10% ! I'm trying to get long but all theses fluctuations make me crazy. Hard not to sell, bounce have to happen...
By the way your predictions were good for now, so I'm confident.
Reply
IvanLabrie TOP arnaudgaudin
a year ago
The stop loss is 2210, I posted one buy at 2492.61 and 2650. The stop los distance is 11 and 16% already, so, it doesn't matter how much it fluctuates.
The trade can take 3 months to develop, easily, so you have to be patient with it.
Reply
arnaudgaudin
a year ago
I'm looking for your blog but I cannot find it, do you have the url please ?
Reply
IvanLabrie TOP arnaudgaudin
a year ago
Hi, I'm posting trades here and also running a skype chatroom, where I provide signals and training to traders.
Either that or private tutoring.
In your case, you can contact me since I'm interested in starting a Bitcoin trading fund, maybe that can suit you.
Reply
Xman IvanLabrie
a year ago
can I join the chatroom? do you mind to tell me the account?
thank you, Ivan.
Reply
IvanLabrie TOP Xman
a year ago
Currently we discuss mostly Forex, Stock indexes, Oil, and metals. I will post educational material and provide traders with 2 or 3 webinars per week.
Contact me via pm please.
Reply
arnaudgaudin IvanLabrie
a year ago
Indeed I need some advices. I sold everything when your recommanded stop sell was met. Just loose $76 on this trade. I would be interesset in your Btc trading found. Could you send me details on PM please ?
Reply
IvanLabrie TOP arnaudgaudin
a year ago
What happened? The stop wasn't hit, it was 2210.
If we hit 2210 this month, you should be out.
Reply
arnaudgaudin IvanLabrie
a year ago
I trade BTCUSD on Bitstamp, so I converted 2210 to 348$. It was about to be met so I sold before at 355$... Sorry it was à panic sell.
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IvanLabrie TOP arnaudgaudin
a year ago
Oh, no, for Stamp, the stop loss is 326. :(
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arnaudgaudin IvanLabrie
a year ago
I have to option today : stop now and withdraw everything, because I'm tired of this, or just rebuy waiting for à bounce.
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IvanLabrie TOP arnaudgaudin
a year ago
You could rebuy at the ideal Stamp entry price, sending you a pm.
Reply
arnaudgaudin IvanLabrie
a year ago
Ok I'm waiting for it. Thank you, I was about to withdraw everything.
+1 Reply
BuyBitcoin.WS
a year ago
Ivan I think we will be testing 2250cny tonight or tomorrow then continue up what do you think?
Reply
IvanLabrie TOP BuyBitcoin.WS
a year ago
The 30 min chart showed some exhaustion but I think 2210 is safe.
snapshot

4h gives me this signal, if it fails to be hit in time, it's a bullish signal.
+2 Reply
BuyBitcoin.WS IvanLabrie
a year ago
u read my mind i was looking at the 4H. I see you are also using time node like i do. thanks!!
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LESSISMORE IvanLabrie
a year ago
Hi, Ivan. It seems your chart has market profile on the right side, may I ask how to construct it with which indicator? Appreciate for your analysis.
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IvanLabrie TOP LESSISMORE
a year ago
You need a couple things, first a pro plus membership with tradingview, and secondly, you need the volume profile indicators on chart.
I mostly use the visual range one but also use the fixed range to capture individual swing's volume activity.
Really great tool, state of the art coding.
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BuyBitcoin.WS IvanLabrie
a year ago
Ivan so far your spot on. Were holding at 2460/2470 after failing to 2650cny due to top of last bear flag triangle. Still doing higher lows however, and viewing that bear time expires in few hours I bought in expecting more upside per your chart. Anything else I am missing? thanks
+1 Reply
IvanLabrie TOP BuyBitcoin.WS
a year ago
If trading short term, you bought and you can book profits at the resistance above.
Or you took the monthly trade and are simply monitoring the price action as we go.

I'd do both, but it's an involved process, so mostly longer term for me.
I have to trade other instruments on a daily basis, can't trade BTC intraday.
Reply
PlayDefence IvanLabrie
a year ago
Thanks for reply, IvanLabrie :-)
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Lanmar PRO
a year ago
Agree
+1 Reply
rivet.popper
a year ago
Will this work for USD too? Are we also aiming for about 1386 USD at "moon landing"??
Reply
IvanLabrie TOP rivet.popper
a year ago
I'd be tempted to think it will, would be strange otherwise.
The btccny rgmov readings are considerably more bullish though.
+1 Reply
rivet.popper IvanLabrie
a year ago
Thanks. Perilous drops over the last 48 hrs, glad I held on. I assume the rising tide will raise western ships just as much.
+1 Reply
BuyBitcoin.WS
a year ago
we closed 4H above ur red line but i think they are doing a quick trap under it before more up
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BuyBitcoin.WS BuyBitcoin.WS
a year ago
blue line**
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BuyBitcoin.WS BuyBitcoin.WS
a year ago
i see we held was a trap. Btw have you seen this megabullish Inverted H&S if we go to $400 this is playing out big big https://pbs.twimg.com/media/CTORB-HUAAA0g2l.png:large
+1 Reply
IvanLabrie TOP BuyBitcoin.WS
a year ago
Yes, probably a good trend continuation one, and might take a few days/month/months to form too.
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BuyBitcoin.WS IvanLabrie
a year ago
so officially our support is 380 or 2535cny for the next days/weeks/months but I guess we could always get some fakeout down if we dont pump up within this week or few days
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IvanLabrie TOP BuyBitcoin.WS
a year ago
No, for the next days until breached.
Stronger support is the box below.
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BuyBitcoin.WS
a year ago
Ivan thank you for the constant follow up. very helpful keep it up. watching out 2535cny hopefully we dont visit it and we break out as I am expected. after that I think we will go back to 500 where the market should be.
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Galvin
a year ago
You have 420 as a target, you expecting price to go back to 350 area after?
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IvanLabrie TOP Galvin
a year ago
We're in a sideways range, we can't tell what will happen. We have to go bar by bar.
Monthly is clear, uptrend signal. 4h is not.
It reflects today's trader's thoughts mostly. Which are indecisive.
Also, lower liquidity day.
+3 Reply
BuyBitcoin.WS IvanLabrie
a year ago
indeed rejected few times by 2600 but still above 2535cny i guess were sideways/consolidation on the 4H. The 4H BB squeeze did not bring an explosive move upward as expected. maybe in few days? or maybe retrace to test 2300-2400 range?
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IvanLabrie TOP BuyBitcoin.WS
a year ago
The move up needs to cool down.
As long as we're above the highest volume node in the larger picture, trend might tend to be up.
+1 Reply
lakiweed
a year ago
nothing happens..
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IvanLabrie TOP lakiweed
a year ago
It's mostly sideways, the short timeframe traders are in control.
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yen21
a year ago
Nice! that was a wishfull green one on the 4H
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IvanLabrie TOP yen21
a year ago
I was looking at it before going to bed...We are in consolidation mode, downtrend's invalid.
+2 Reply
BuyBitcoin.WS IvanLabrie
a year ago
consolidation range: 2400-2600cny i suppose?
by downtrend invalid you mean a return to under 2400cny is not possible anymore.
meaning no more $315-320 as a lot are expecting? why would 315 gets ignored suddenly by time node, is that because 350-360 was a strong support long time ago (mode) and we held on it here again?
+1 Reply
IvanLabrie TOP BuyBitcoin.WS
a year ago
More or less.
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rivet.popper IvanLabrie
a year ago
Wow, up to 3 months of this? Zzzzzz...
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rivet.popper
a year ago
Mmm you still sure about this? We're over 2210 but still drifting down...
Reply
IvanLabrie TOP rivet.popper
a year ago
Yes, monitoring a downtrend signal in 4h, we might drop a bit first.
+1 Reply
BuyBitcoin.WS
a year ago
This is finished for now we resume the uptrend from 2200-2250 or 315-320$
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IvanLabrie TOP BuyBitcoin.WS
a year ago
I wouldn't now yet.
It's mostly volatile in short term timeframes, not trending orderly.
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arnaudgaudin IvanLabrie
a year ago
Is seems it is just dropping again. Is 340 a safe support ? Even if SL is at 325, I wouldn't test it. Would have to get safe uptrend right now...
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IvanLabrie TOP arnaudgaudin
a year ago
We will get a move today or on Thursday.
Downside is limited for now.
If we drop under 2210, we will go way lower, and we can buy then.
I'm taking small trades in my private group, we have taken two short term ones already.
The major trend isn't 100% defined yet. Monthly is, but needs smaller timeframes to align.
+1 Reply
arnaudgaudin IvanLabrie
a year ago
I'll reply to you as PM.
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BuyBitcoin.WS arnaudgaudin
a year ago
and your welcome :) more down soon no go for 330-315
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yen21
a year ago
hi! any update pour les pigeons?
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arnaudgaudin yen21
a year ago
Salut, pourquoi tu dis ça ? Tu t'es fait pigeonné par Ivan ?
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arnaudgaudin arnaudgaudin
a year ago
Ok par rapport à l'avatar...
Reply
rivet.popper
a year ago
So where are we with this trade now? Under 2210 but bouncing well off 2000.
Reply
IvanLabrie TOP rivet.popper
a year ago
The monthly uptrend is a 55% possibility at this point.
I'll post my updated analysis in the weekly soon.
+1 Reply
BuyBitcoin.WS IvanLabrie
a year ago
its Bitcoin and time node cant predict shakeouts and manipulation effectively in Bitcoin. hence my post to u few notches up about us tanking to 330-315 before more up. ;)
Reply
IvanLabrie TOP BuyBitcoin.WS
a year ago
I'd have to do a bar by bar analysis, I can't share this in public.
It's too much work, for free.
;)
We've taken a few trades, since I posted this monthly idea.
We have to wait 3 months, to confirm the monthly situation.
+1 Reply
BuyBitcoin.WS IvanLabrie
a year ago
were poor :P jk how much you charge for your private group membership out of curiosity (PM me if you want)
yeh I did time node analysis on the daily and it looks bearish for 11 days till sat-sun then we will see
Reply
IvanLabrie TOP BuyBitcoin.WS
a year ago
Yes, but if target is hit, it usually goes sideways. Can even turn up.
Have to do a close study of it.
I'm charging 0.3 BTC for now, based on the current rates.
Hit me up via pm and I can show the trades I took this week.
Cheers!
+1 Reply
BuyBitcoin.WS IvanLabrie
a year ago
good rates! will do soon thanks :)
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rivet.popper
a year ago
Is this trade invalidated?
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rivet.popper rivet.popper
a year ago
Ivan, did you buy when it went down to 2000?
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IvanLabrie TOP rivet.popper
a year ago
Yes, for now, it's better to wait for a clearer signal.
I will post a new chart by Monday I think, I'm following it closely.
Will do a live coverage of it too.
I took a few short term trades with my group, didn't get a monthly entry in for now.
Reply
Galvin IvanLabrie
a year ago
We could just be in a retracement from falling from 500. I'm thinking around 400 before we resume down.
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IvanLabrie TOP Galvin
a year ago
I'll post when I have a confirmed setup. It's not quite there yet.
Better stand aside now.
Reply
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