electo

Triangles. BTC Idea

Long
electo Updated   
BITSTAMP:BTCUSD   Bitcoin
Simple Idea based on traingles -- if you remember my last idea, (and everyone elses) the triangle never did complete and btc broke out too soon. This should play out like this -- the dotted blue line below the blue box is support and stop loss. The Blue box is all buy.

Tips welcome:
LTC -1.91% : LZAzuZN3JXnRYxjVUT6xaEE316LfbRRV2h
BTC : 1AxjpnwAv9w1y3Fp8wKT7W6oMg69VAJsji
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Hope you buying that dip ;)
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Came in the box -- stayed there for some time ... letting you all buy ... hope you bought.

BTW if you are looking for cheap LTC try Coinut - its a new exchnge that pays 50% fees to LTC and ETC dev.
coinut.com/?r=wQ9
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we came very slose to Stop loss.
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And there it is .... that was a close one ... alts dumping all around.
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There is a reason I am very bull with BTC. 2017 is very different from 2013. I have people who knew nothing about bitcoin living in a country that has no bitcoin exchanges, begging me to send them some if they pay me via Western Union. This tells me that the adoption rate is increasing and everyone wants to jump on.

2200 & 2300 have seen strong rejections whenever BTC has tried to dump and everyone right now has bids starting from $2000 all the way down to $1000 and they are ready to go all in.

Unless BTC forks and the devs completely fuck this up. We should be good.
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There is some risk involved here also - when looking at the weekly BTC - we can see it wants to get back into its traditional channel shown below.
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I see some resistance and then we should be able to break through.
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Should see some minor retrace maybe at 2570
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Seems to be going right on cue but maybe one tiny retrace and then moon?
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Maybe I am perma bull but I expect BTC to break out here. Watching closely now - so far it has been doing exactly what I expected it do.
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TP1: 2900
TP2: 3300

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Still active - my lines were a bit messy - we are still in play. If you bought at the blue box like i said you are still in profit.
I expect a jump and then a short later on after 2600
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