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MutexLock1
Aug 12, 2017 3:53 AM

BTC bullish short term Short

Bitcoin / United States DollarCoinbase

Description

Godmode and other indicators indicates upside in the next move.
There's enough volume and we've also crossed the 0.618 Fibonacci retracement line.

Comment

We crossed $3700... If we close a few candles above it, we have a new support level!

Comment

Hourly candle closed above $3700. Good omen!

Comment

Godmode & LSMA indicate bull move again.

Comment

Very nice - we closed 2 hourly candles above the $3700 level, let it be our new support! Godmode & LSMA indicate bearish attack, and we're overbought by RSI.
I think it's time for a little consolidation.

Comment

3800$... Yeah.

Comment

Consolidation is for pussies!

Comment

Notice how price bounces off the trendlines!
Comments
TylerWayne
@mutexlock absolutely! I would never solely rely on one person. Its good just to get a general idea of what people are thinking and i fit matches up to what I'm thinking. I've been treating this like a full time job for the past month studying technical analysis. I'm finding the crypto doesn't always play by the same rules.
MutexLock1
@TylerWayne, I agree. I advice you to subscribe to the trusted chartists here.
TylerWayne
@mutexlock I appreciate it I just saw at the top it said short but from the summary it sounded like you believed it was going up. Still learning and trying to take as much in as possible. I've made a lot of mistakes already thinking we were going to get consolidation, and we haven't. I have 6k to play with and should bought a week ago. I love this stuff but I need to get better at reading chart. Thanks for all you share. Huge help!
MutexLock1
@TylerWayne, I'm glad I'm helping you, but please don't take my charts too serious, I started trading a week ago with 3000 EUR and all charts you see in my profile page are literally my first charts ever. Learn technical analysis and use your own gears. Goo luck!
TylerWayne
Are you saying its going up a little more or down?
MutexLock1
@TylerWayne, up. But use your own head. I may be horribly wrong.
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