TradingView
ztalker
May 11, 2017 5:13 AM

Liftoff stage TWO, follow the blue line Long

Bitcoin / U.S. dollarBitstamp

Description

Publishing this one for the fun, just follow the blue line.
We are landed on the moon @1000$, why stop now!

Comment

Just for the remarks - we will have retracments on the way up but according to todays movement, they will be more like BTFD type of a cases.

In fundamental side, there is no reason to belive that big dump incoming.
Technical side the trend is still up, in bitcoin i learned that calling the tops can be devastating, i will take larger movements and try to play them more like going with a flow. Taking 30-40% of that kind a movements is mostly less risky.
Comments
erelerel
works perfectly
patterntrader
In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
ztalker
@patterntrader, thank you for passing by :-D
console
you are only publishing this so you can look back and say...... see i told you so :P :P :P haha
ztalker
@console, mostly because of that indeed :-D
More