A stairway to heaven. Again. Long

BITFINEX:BTCUSD60

Bitcoin / DollarBitfinex

Description

⋅ Dec 24, 2017 2:55 PM

Price found support at 11600 and step by step, wave after wave will rise up, until the bottom is at 11600.

Comment

⋅ Dec 25, 2017 9:35 PM

Losing steam?

Comment

⋅ Dec 27, 2017 2:28 AM

Overcoming resistance at 16000 - need some retrace? Next target can be 17000.

Comment

⋅ Dec 27, 2017 8:46 PM

Re-entry points for longs - in 14000 and 13300 areas:

Comment

⋅ Dec 28, 2017 9:21 PM

Likely, ground found at 13300 and turning up.

Comment

⋅ Dec 29, 2017 4:21 AM

Targeting 15500+

Comment

⋅ Dec 29, 2017 2:44 PM

Dip too deep. Now need to find direction of move:

Trend Analysis Wave Analysis

Comments

jcbarnard

⋅ Dec 28, 2017 7:14 PM

Do you still recommend buying here? I think it's a good entry point based on support levels. Price action has been bearish though with very rapid sell offs...

Like2Move

⋅ Dec 28, 2017 9:15 PM

@jcbarnard, you can try buystop at 14400 for sure.

MiloszKaszynski

⋅ Dec 28, 2017 9:22 PM

@Like2Move, we are at decision point, i dont think there is enough money on market to continiue parabolic trend, we must close daily aboce 14 k to continiue without C leg

Like2Move

⋅ Dec 29, 2017 4:59 AM

@MiloszKaszynski, you think you know what are thinking the other people?

jcbarnard

⋅ Dec 29, 2017 2:48 AM

@Like2Move, nailed it.

Like2Move

⋅ Dec 29, 2017 5:05 AM

@jcbarnard, now 14400 acts as a support.