oscarvs
Long

time to correct a little

BITFINEX:BTCUSD   Bitcoin / Dollar
313 13 5
I hope the chart speak by himself with these double bottoms, divergences and MA. OTE             at 492.2

conclusion 17hours later: NICE
I'm still waiting for the real double bottom. I expect the price falls a little bit more and then we finally bottom out.
+2 Reply
oscarvs PRO ChartArt
you mean the real double bottom at ~443? I think we need to test ~420 but not before a correction.
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Whats your long-term opinion, do you believe in 560?
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I think ~550 is on the table, but still don't now when... I just take a mini long trade to 492 and lets see from there.... im still waiting ~420 or less to buy and hodl lol
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Did we just broke out upwards?
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Yes!!
snapshot
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minbari PRO HerSerenity
rofl
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Maddie HerSerenity
In the pennant I mean :O
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Yes we did, but it could easily prove as a false one given the low buying volume, extremely high resistance (2100 BTC stamp, 950 BTC-e), and 3 cumulative down-cycles hitting in 1.5h.
My two cents :)
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Maddie HerSerenity
This morning you were laughing but I told you that we broke out !
snapshot
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Right, I am deeply sorry, thank you for making me aware of this possibility, I got stopped out of my short, losses really hurt :(
(unless, of course, you make 56% right afterwards on your long).
+2 Reply
Maddie HerSerenity
I'm long so I'm very happy ;p
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nice read Oscar
+1 Reply
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