BTC Trading

2/9/18 Entry (8700) Target (9500) Sell stop 8500 Possible bear trap
2/10/18 0600 Pivot at 9000 (Target failed)
2/11/18 0600 Pivot at 7850 Re-enter at 8250

Comment:

Resistance at 9000. Sell at 8850 if it bounces pivots there.

Comment:

If price pushes through resistance at 9k, next target is 9500. Sell stop at 9350 on pivot or reversal.

Comment:

Appears the price channel might be tightening.

Trade closed: target reached:

Forgot to add the comment that Target was reached for the bounce at 9000 at midnight and sell stop at 8850.

Comment:

Resistance broken at 9000 & 9500. Looks like the market is turning around. A selloff to accumulate back to 9000 would make the chart best scenario to break 10,000.

Comment:

Nice run on decent volume. I would like to see it correct and take a breath to 9500, I guess they did do a quick tech bounce on 9500 already. It looks like it could stay above 10000.

Comment:

Nice run, could have legs to 12000 before a correction

Comment:

Picked up at 10500, hoping it can stretch to 12000 for taking profits at 11900.

Trade closed: stop reached:

JUST missed my mark. BTC turned at ~11800. Got stopped out at 11200. Would be a good place to bounce it for the run at 12k again.

Comment:

Medium chance bounce at 9500. High Chance bounce at 9000.

Comment:

Just missed my bounce target at 9500. It bounced off resistance at 10400 on pretty low volume compared to the run up so far. If they can keep it about 10000 I think it tops out at 11000 before another correction.

Comment:

Broke the 10k support. I think it has a medium chance for another bounce at 9k.

Comment:

It looks like there was a baby bounce at 9500 now again at 9250. Momentum from the dip is slowing down. Sticking with medium chance bounce from 9k->10k .

Comment:

Bouncing higher than expected. Looks like 9k is a new base. I think the Polo acquisition is bolstering this run.

Comment:

stayed off predictions above 10k due to too much volatility. now that it is dropping I expect it to drop below the 8k level.