divan1004

BTCUSD Bitfinex

Short
divan1004 Updated   
BITFINEX:BTCUSD   Bitcoin
I don't trade margin, so I'm rather free from my mistakes than margin traders. I just can hold my Alts or waiting more time to buy more.
I spend only 50% of my money to hold Alts and keep the remnant 50% of money for the better buying opportunity. Of course my 50:50 strategy can reduce my future profit though, but it can help for the better gain also at the worst scinario.
Anyway. take your own risk & get some money.

We don't need to rush for the hourly or daily gain at all. The market is quite young and there are bunch of opportunities that are waiting for us, IMAO.

Bullish view
- good MAs' lines up at 4h
- diamond bottom pattern
- right-angled broadening wedge(in case of bullish)
- strongly supported by Fibo channel 1 line from the ATH
- NVT is cooling down
- StochRSI is returning to the bull territory(monthly)
- good rumors & news for the moonbois

Bearish view
- my long term uptrend channel is quite different from other moonbois.
: IMAO, BTCUSD needs to retest its bottom before it start the journey to the Moon or the Andromea. My bottom is not 3K. :)))
- 0.618 bounce-up from the bottom(3.2K)
: 0.618 bounce-up is very common rate for the continual downward market.
: I think all of this is a correction B in between the ATH & the bottom, so I'm waiting for the correction C.
- There are strong resistance at around 13K by several long terml Fibo channel. BTCUSD needs a big that to breakout the barrior.

Good luck
Comment:

BTCUSD is forming triangle with some hidden bullish divergence.
- diamond bottom target has been reached.
- right-angled broadening wedge's target is around 11.6~11.7K
: it's very close to the resistance of the triangle.

Let's see
Comment:
Comment:
hidden bullish divergence at 4h.
Let's see BTC can reach at the top of the triangle(bullish target).
Comment:
BTC looks like that it's supported by the fibo channel (#2) 0.236
BTC will have to breakout fibo channel (#2) 0.382
Comment:
No evidence for the reversal yet.
But hidden bullish divergence is still working.
Comment:
Comment:
You'd better check your weekly chart. I think you can find some hidden bullish divergence at your indicators such as rsi, stoch rsi...
Comment:
I think it can be a trap or trap for the real trap. anyway be careful your trade

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