CRInvestor

BTC - 4hr Stamp has broken down

BITSTAMP:BTCUSD   Bitcoin / Dollar
Just a quick update. BTC - Stamp has resolved the recent consolidation bearishly. I have been talking about the consolidation for a few days now in my videos and we have broken through support. While current prices don't seem to make sense for new trades, it is in my opinion one can realistically play short setups (day trade basis) as we work our way down to highlighted levels or just wait for a consolidation at/near those levels for new long purchase considerations.

Cheers all and hope it helps

If my charts help you, or you use my indicators...
please consider a BTC donation to allow me to
continue my work :

1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5
& follow me on Twitter @CRInvestor
I sold today and will wait until we bottom out and stabilize again to buy back in
Reply
Is your bitcoin address still valid? (1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5)
You've helped me out and I enjoy your youtube videos and charts so I wanna donate a bit.
Reply
CRInvestor PRO JishukuUkuhsij
lol....I keep forgetting to add that to the end of my posts....ty for reminding me I have edited the original post to include it. (donations greatly appreciated)
Reply
JishukuUkuhsij CRInvestor
Donation sent. :)
Reply
CRInvestor PRO JishukuUkuhsij
tyvm
Reply
CRInvestor PRO JishukuUkuhsij
kaboom, indeed, tyvvm.....lol
+1 Reply
Update (as of 2:30 pm pst) - recon she will 'play' with this 38.2 fib level here for a bit, maybe a little bit beyond then rally back above but imo we have found a short term trading range here...
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out