TraderCobb
Long

Bitcoin: What Am I Waiting For?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
As last week ends another week begins which is the perfect time to give you my thoughts on bitcoin and what I am waiting for. I am still very much being careful here and waiting for the confirmation, I am certainly not bullish yet but there are some positive signs. What do you thinks, are we moving higher or lower?
@TraderCobb Mate, pull up a pew, crack a tinny and throw another shrimp on the barbie and wait. I reckon it'll tank faster than the wallabies in a bledisloe cup match... lol. MA500 rejection, then resistance on daily, RSI getting high, shorts dropping, longs increasing, more bullish posts (too many happy people)... I can't see it going up before the dump - probably the capitulation dump incoming. But the alligator is turning, so it could be some sly loading up before a run up. We'll see, you have a shit load more experience than me, and I've been wrong quite a few times. I'm on the sidelines... again. Thanks for the realistic TA. Chur
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TraderCobb Cryptopile
@Cryptopile, Ahhhhhhh so you gave your nationality away with "chur". now I know you're a kiwi haha. Nice analogies in there mate! I am waiting for a bit more on bitcoin before I get too excited but it's very nice to see some Alt's having a run
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higher in next week i think
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TraderCobb LataBtcoin
@LataBtcoin, I would be happy for a grind this week higher and a push next week but I am also happy with anything lol
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