chrisdunntv

2 possibilities for BTC (update from my short)

BITSTAMP:BTCUSD   Bitcoin / Dollar
1746 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.
Bonavest PRO
2 years ago
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
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eKyNoX Bonavest
2 years ago
Hey Bonavest, I see you everywhere :)
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Parenzo_coiner Bonavest
2 years ago
def this.....
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chrisdunntv Bonavest
2 years ago
Hey man, would love to come on your show. I'll message you.
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BitcoinCowboy chrisdunntv
2 years ago
I would love to see you on Bonavest's show too! : )
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eKyNoX
2 years ago
Thanks for that explanation. Currently on Gox but following your thoughts. Actually waiting to buy ... just hoping :)
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Bonavest PRO eKyNoX
2 years ago
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.
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chrisdunntv Bonavest
2 years ago
"Hope" is the worst 4 letter curse word in trading ;-)
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zaneaussie
2 years ago
Bitfinex looks like a nice way to do business. I may have asked this before but what trading software do you use?
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chrisdunntv zaneaussie
2 years ago
I just trade through the Bitfinex site. No software.
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Parenzo_coiner
2 years ago
so far so good...
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zaneaussie
2 years ago
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.
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