chrisdunntv

2 possibilities for BTC (update from my short)

BITSTAMP:BTCUSD   Bitcoin / Dollar
1753 12 9
UPDATE FROM MY LAST CHART:

I shorted Bitstamp through Bitfinex at $791.1,
then covered 1/2 into the panic around $770.

There's a lot of dip buying activity, and we have
to snap this support at ~760 to get a "real" panic.

If 760's hold, then we could see a short squeeze
back above $900. If it breaks above $790, then I'll
cut my position for breakeven and start to look for
another setup.
Ok great! Thanks for letting us know! For now i'm on Bitstamp but shorting is a great feature. I have to get comfortable with their interface and how to place short's etc I am looking forward to some more updates.
Reply
so far so good...
Reply
Bitfinex looks like a nice way to do business. I may have asked this before but what trading software do you use?
Reply
chrisdunntv zaneaussie
I just trade through the Bitfinex site. No software.
Reply
Thanks for that explanation. Currently on Gox but following your thoughts. Actually waiting to buy ... just hoping :)
Reply
Well I try to be everywhere and hate hijacking Chris' chart but... 'Hoping' isn't a great Trading Strategy. ;) I don't see us popping the $782 wall tonight.
Reply
chrisdunntv Bonavest
"Hope" is the worst 4 letter curse word in trading ;-)
Reply
Hey Chris! I like you and your stuff (thoughts/wesbite/etc.). I take it you don't look at the order books when trading on Bitcoin? or does that also play into your TA strategies? Would love to have you on my LIVE Bitcoin Trading Show sometime. 200-300 viewers would also like to hear your thoughts. http://www.bonavest.com
Reply
eKyNoX Bonavest
Hey Bonavest, I see you everywhere :)
Reply
def this.....
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out