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killa007
Mar 26, 2018 8:02 AM

Long btc Long

Bitcoin / DollarBitfinex

Description

This could be decent entry for btc.

Stop loss 8290
Target 1 8800-900
Target 2 9800

In came of break small triangle upwards we should go top of second one at around 10k.

Trade active

Inb case we break down entry should be at around 7700-800$.

Trade active

Also 1 more possible scenario I see is this falling wedge



Which would give buy in price at 8150

Comment



Wedge is holding so far, you can add long on every touch of support, but have tight stop loses.

Trade active

RIP, i guess we wait on 7600 for entry

Comment

Short around +8k was good. I readjusted a bit wedge.


7550 target to buy.

Comment



Looking how this hourly will play, shorting or longing on breakout.

Comment



Possible bottom for now?

Order cancelled

Comments
Dayta
i think it wasnt even the wedge at this point a horizontal resitance kicked in befor it could reach the wedge
killa007
@Dayta, wedge was last hope for bulls, when it broke bearish it was over for sure. Didnt workout, maybe this one will. We should get good bounce if 7600 holds if not, good short.
killa007


Looking to short at 8k and switch to long around 7600
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