Demetriostrades

Bitcoin- Bull scenario for 12/01-12/03

Demetriostrades Updated   
BITFINEX:BTCUSD   Bitcoin
The bear scenario is similar but drops to 3800 forms a wick and shoots back up. (A drop to 3600 with momentum invalidates this idea.)

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My hawk thinks it will drop hard but what do birds know?
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4420 magnet. ;-)
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.5, wow Fibonaccis blow my mind. I'll bet if someone mapped waves of sound they would travel in some kind of fibonacci based sequence or pattern. Waves do have magnetism. Crazy when you think about it.

Mapping waves of greed and fear. But really trying to capture these changes in energy.It's like a metaphor for life. here's my take for the rest of the evening. Good night my friends.

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Interesting. We got a 2.5% bounce from here and then reversed back to the .618 retracement. I never know when it's just a minor reversal or major although I guess RSI could have been a clue here. I guess they're worth playing either way? Just perhaps using a tight stop. Correct stop is so important. I never know whether to use like 1%, 3% or break even. Guess it's something that comes with practice.
Also regarding being a technical analyst. I use the term loosely for someone who studies price action and technicals. Don't get me wrong: I've read like 15 books and last I checked there are no degrees for being a technical analyst. Also most analysts are either completely orthodox and therefor useless or clueless. Plus I'm a troll so I think it's ok. Anyway, practice makes perfect or at least pretty good. That's the hope at least.
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Click play on the chart above. Kind of funny that it reversed at exactly the arrow tip. What are the odds? No seriously. What are they?
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Today I went paragliding. A disastrous concept given paragliders won't be invented for another 200 years.
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Looks like it will break down to 40xx and then bounce hard.
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The easiest way to know a fool is they reach assumptions based on uncorroborated information. I find its best to stay clear of fools. I've known several in the past.
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Especially the Parisian ambassador. That guy is a prick.
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Don't mind me. Just a little pissed off lately. Se la vie my friends. Se la vie.
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Sorry I followed you dude. My bad. Don't mean to dog you. I think it's best if we part ways. I'm not your fucking curiosity. Thanks
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And the market does go on.
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Time to shill shitcoins so as to get more bitcoin. Pretty clever if you ask me.
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The future is USD. Let's hope we get more USD markets soon. I'd rather trade off something stable than something crazy like Bitcoin. Bitcoin is its own asset but horrible as a base to trade based on. I'd much rather have something stable like the dollar vs something you don't know if it will be 2k or 6k tomorow. Anyway, not sure whether to go back to bittrex on binance. Bittrex has more volatile pairs. Binance lower fees. Tough choice.
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Only question is whether we'll bounce before we hit 2900. An end of year bull run wouldn't surprise me at all.
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fucking bs. life is complicated.
never let haters bring you down.
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