profghibli

Sell btc now alarm

profghibli Updated   
BITSTAMP:BTCUSD   Bitcoin
Click "share" - "make it mine", right click the top red line and add alarm saying "sell btc now". If you have premium membership it will also send an sms and an email (tick in the boxes for those). The absolute highest possible I see BTC going before another good correction is touching that red top line. The top redline is slightly tilted down from the actual trendline, this is done to make sure the alarm goes off (in case the peak would have just slightly miss the line).

I won't call if we are still in correction and won't go that high, nor will I call to long it. This is just for convenience of those who already have BTC in their account and/or are long BTC.
Comment:
To give at least a bit of my view, here:

I may have shorted this, with stop loss slightly above that middle red line (which we bounced off of just now and target around 5100s and depending on what the price and volume do later, maybe a lower final target.

Note, that middle resistance/support line is starting way back at $1800s, so it's pretty strong (resistance, in this case) zone.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.