IvanLabrie
Long

BTCUSD: Update - Weekly trend active, onwards towards 6427

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin acting strongly, it's very clear we will probably tag the 6427 level soon. If we do, and hold over it, odds of starting a new 20+ month bullish trend will be very high. I'm holding long exposure for a while now, and looking forward to trade futures to increase the returns of holding $BTC (and hedge declines, whilst most likely profiting from funding rates being positive when sentiment becomes too positive to maintain bullish momentum).
I'd reccomend to invest a 20 to 45% account position in this market, ideally on dips from here, in case you're not already long $BTC.

Best of luck!

Ivan Labrie.
Apr 07
Comment: Support and resistance levels for #BTCUSD: We could just surge towards 8k ish before retracing...any dip after this week is a buy...important zone being crossed, while the weekly and soon biweekly trends are bullish.
Apr 07
Comment: Daily #BTCUSD could imply we hit 6506.62 within 6 days or less, as long as holding over 5028.3
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Crypto, Equities and Commodities. Contact me here or @ http://www.fb.me/LabrieTrading
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out