BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
We all know situation with USDT, most of the traders moved their money into another cryptocurrencies.
I think up move will continue, but I want to pick up it at the best price.

I set buy limit at $6663 — because it's a place where price stopped first time, that meant that level is important to the market and man traders hide their stops there.

Also, I think that price will make pull back to $6663 is: biggest volume we see on the highest candle, only weak and greed traders can buy something after when price moved up $1 300. Big players will drop them out.
T/P1: $7200
T/P2: $7420
Oct 15
Comment: M5 chart
Oct 15
Comment:
Oct 16
Trade active: Next Short- term goal is: $7019
Oct 16
Comment:
Oct 17
Comment: BTC/USD update
Price is moving in triangle.
Signal to continue up move will be a broke up triangle and H1 close upper it.
I still hold long position

S/L move to $6634

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Comments

BTC – Will USDT sale ignite a rally on BTC? Safe buy above $7400
+1 Reply
michro11 WBM_Team
@WBM_Team, Greatest bull trap of the year just happened ... I'll call a drop to 61xx-62xx in the next couple of days and then up we go.
Reply
WBM_Team michro11
@michro11, 6100- 6200 is possible. We won't fall below $5800 anyway.
Reply
is it possible it can reach to 6000 again
+1 Reply
@farida23, yes
Reply
mombev Yuriy_Bishko
@Yuriy_Bishko, thanks, so that means it will still try to break the $5800 level?
+1 Reply
What are the chanches of breaking out of this triangel ?
Reply

- The three stars in the chart seem to be similar.
- There was a price increase due to the Tether problem yesterday.
- I think that issues are creating charts, and issues are needed to make charts. I think this rise is tending to the latter.
- If today's and tomorrow's closing prices are held to a certain extent, as the idea suggests, we can expect to see price increases on the October 26 CME expiration date.
CBOE(4.18.) Closing price < CME(4.27.) Closing price
CBOE(7.18.) Closing price < CME(7.27.) Closing price
CBOE(10.17.) Closing price ?? CME(10.26.) Closing price
Reply
I switched to using https://www.tradingview.com/chart/?symbol=COINBASE%3ABTCUSD ($6445) instead of https://www.tradingview.com/chart/?symbol=BITFINEX%3ABTCUSD ($6768) for analysis.
It's getting crazier and crazier, BITFINEX is off by 5% in the meantime - and that's a lot. TradingView automatic TA tool says SELL Bitcoin on COINBASE and BUY Bitcoin on BITFINEX at the same time.
I've got a feeling some HUGE dump is just around the corner. Buckle up.
Reply
Strong buy signal for me too :
Reply
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