LeoGuimaraes
Short

BTCUSD - Short *****

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
552 views
3
552 12
Seeing strong resistance at fib 0.618 rejected 4 times, bear flag formation, failing to break upwards will retest ema200 again around 7800-7900$ if breaches will seek next fib level (0.786) at 6322.28$.
Comment: If 0.618 is validated as a support equally strong as it was a resistance, it will open soon for a nice short term uptrend...Closely watching price action above 9129$ level

seeing bull pressure over MACD and RSI, 10500-10700 may be on sight

Watch Elliot waves for impulse signs
Trade closed: target reached: Closed, updating perspective over next idea.
Comment: Seems that upwards breach of fib 0.618 was fake, and that bear flag was true...

Going down to re-test 8200$ and 7800$...

0.786(6322.38$) Fib seems an attainable target now, got buy's spread all across it.
Comment: Everything happened as expected...fib 0.786 nice place to have buy's... :D
Can you please give us an update?
Reply
This may get interesting once 0.618 is validated as a support equally strong as it was a resistance...Closely watching price action above 9129$ level
Reply
RYANCAMPBELLSD LeoGuimaraes
@LeoGuimaraes, one thing to keep in mind is that we're overbought on numerous time frames
+1 Reply
Literally as you posted this it broke it.
+2 Reply
LeoGuimaraes RYANCAMPBELLSD
@RYANCAMPBELLSD, fake upwards brake...
Reply
Well?
Reply
@fakhan, again...resistance
Reply
fakhan LeoGuimaraes
@LeoGuimaraes, Yes, seems like it
Reply
And as I see on the chart bitstamp as well
Reply
Everytime it touch resist, resist is weaker, now on bittrex is broken, 9300$
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out