chrisdunntv
Long

Targets for current bull run in Bitcoin

BITSTAMP:BTCUSD   Bitcoin / Dollar
3601 10 21
Technical reasons to buy:
higher low, trendline support,
50% fibonacci retracement,
prior resistance turned support

Fundamental reasons to buy:
US bitcoin auction showed massive
demand for bitcoin , thus giving confidence
in exchange prices.
HarounKola
2 years ago
Thanks Chris. What price did you go in at, the current one 551 or did you get in at the retrace 536?
Reply
chrisdunntv HarounKola
2 years ago
I picked up some more around the $560's
+1 Reply
HarounKola chrisdunntv
2 years ago
Is this for short term trading till price hits 680, or are you holding these as part of your investment?
Reply
cezarone
2 years ago
If this is classic bat pattern
The D point cannot exceed the X point
0.886 fib
Reply
774 my target aswell. not going to sell though. waiting for 4000-6000
Reply
Pinkfloyd111. MagnusTradingGroup
2 years ago
Yeah, it's becoming to risky to sell. I am only adding for long term as long we are below 1k.
Reply
segeln
2 years ago
Very good,to explain technical and fundamental reasons to go Long ! Congrats!
Reply
CrazyC_BTC
2 years ago
I like the targets. 4000-6000 . so glad there is traders like you so I can dump on too at tops
Reply
MagnusTradingGroup CrazyC_BTC
2 years ago
I don't see how you would profit from me not selling at midterm tops but hey there is place for different types of traders and strategies in trading and thats cool :)
Reply
BuyBitcoin.WS
2 years ago
any update on Bitcoin from your end Chris? were touching down again the support at 560+-. You think we might bounce up or continue our way down?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out