noscopeprofit

Thoughts for BTCUSD for the next 24 Hours

BTCE:BTCUSD   Bitcoin / U.S. Dollar
213 2 1
So we bounced off 0.5 instead of 0.618 like I predicted. Depending on movement in the next 3 hours, we'll either break out of the triangle upwards or continue the triangle downwards. I'm more towards the second as it would take major news to break the 650-570 resistance. I've set a buy order for 615 which coincides with a 0.5 retracement, and will (hopefully) sell half of it at 630, keeping the other half in case it breaks out upwards towards 670 before bouncing.
The reality is really close to your prediction, that's nice !
Reply
noscopeprofit valleix007
It's a bit off, and the triangle keeps being extended. We should be seeing a breakout upwards soon as the lower highs are getting higher (the gradient of the slope is increasing, which indicates more demand).
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out