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rexlomax
Nov 25, 2016 12:58 AM

Bitcoin the Future Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin is heading to 1000$ everybody knows this, thats why this trade is risky.
The cloud is my protection; my stop loss

Hope you enjoy the upcoming fun.

Comment

Bitcoin becoming more scarce each passing day

Comment

I guess bitcoin just decided to cut the first set of arrows lol. It's better if we climb steady.

Comment

We can make a stop around 880, before going further

Trade closed: target reached

First resistance just got hit around here (890), i'm selling some bitcoins letting the rest to ride the craziness

Comment

Almost to my second target! lets go

Trade closed: target reached

Arrived at destination. it's either bubble mode or a correction...

Comment

i woud say we have entered in some kind of bubble phase

Trade active

Bought bitcoin at 700s again.

Trade closed: target reached

Last leg is coming, brace yourselves. Either double bottom or a new downtrend has begun.
Comments
faboose
Nice call!
traderjoess
Correction confirmed
janos666
"some kind of bubble phase" -> LOL :)
rexlomax
@janos666, it broke channel hahah, what do you think?
janos666
@rexlomax, It's not like I disagree. I say LOL because I find the euphoria funny (but euphoria means bubble...).
Although, I think I wish to see this broken before I call it a "real bubble".
s3.amazonaws.com/tradingview/snapshots/7/7rL86Ujw.png
rexlomax
Nice! that's a clean chart. I think either it's close to the top as you point out or we will go into insanity with 1500$, 2000$..
tipua411
great one. thanks
rexlomax
@tipua411, thanks to you!
WyckoffMode
hmmmmm

So you see a head and shoulders in the near future for BTC, just as I see one in the near future for XMR.
rexlomax
@ProwdClown, yes but now that the first two arrows didn't happen, set up has change.
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