kumarz
Long

4mar2015: long BTC for now

BITFINEX:BTCUSD   Bitcoin / Dollar
86 6 0
ok so that decline from 290s(3mar2015) was a clear 5-wave             impulse. So now even if the rise from 5mar2015(260s) to 285 was corrective, we should have another wave up. The trendline (green) hasn't been broken yet, so here's hoping ;-)
Per my longer term view  , I am expecting a breakout/controlled rise as opposed to a resumption of the downtrend, so I think we're at key levels at the moment: therefore if the rise from 5mar2015(260s) to 285 was corrective, I'm fucked :D
Anyhoo, I've been long since 285, part weeklies and part quarterlies. Following http://ibankbitcoins.com/ who closed his long and then went long again.
broken a few trendlines, just need to decisively rise past 280s for this breakout to stilll be valid:
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kumarz kumarz
broke up and then down ... holdin on to dear life :p
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kumarz kumarz
I'd like for this to not fall below .382 of the recent upmove but mkt usually goes against me heheh
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closing my weekly longs but sitting in BTC ... I think the current correction has one more C leg down to go(just going by lack of news and momentum in general from china hours), I will leave the journey to 300-320 to traders with more balls :)
Leaving qtrly longs open though, and will probly FOMO long on the next week futs if we do break 300s hehe.
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kumarz kumarz
qtrlies also closed
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kumarz kumarz
i think this C leg has been invalidated coz of a move past the 300 high. Redoing my read but am holding a small long @ 300qtrlies.
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