tududu
Long

HAPPY XMAS BITCOIN!!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
1333 9 13
Targets for the end of the year. You can see lines and channels about my last idea (which was denied, I was expecting a sell-off at $680, and since it didn't happen, the long-term symmetry idea is still valid).

2017 will be a boring sidewayish year. Enjoy!
Comment: Whoops, 1 month missing in the chart lol, christmas is on December :). Still, once we reach $850-900, slow distribution to the $1000 believers followed by controlled retrace to low 700's.
Comment: Crucial moment here: we're back at support, 4650 has been strongly rejected again. I expect more sideways here before a big move, either up (first target $800) or down (targets $650-620-580)
Comment: Monthly close will tell if this scenario is still valid. $680 is the key point here, if it loses $680 with volume and doesn't rebound immediately, refer to the "BTC is gonna pull a DanV scenario" for targets.
Comment: Target reached :D
What indicators are you looking for to catch the big moves? Or are you betting on a certain direction?
Would love to hear your toughts. :)
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bingbongfly bingbongfly
I'm talking about the next big move after this sideways period. Are you buying the breakout or what's your plan?
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tududu bingbongfly
@bingbongfly, Mostly Pivots, Fibos and MAs. You gotta think like a positional trader, then bigger moves will be clear.
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Ready for 1000+ coming soon
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@tududu nice chart dude!
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you really think its going to be that easy ?
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tududu MostWantedFx
Yes
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tududu MostWantedFx
If anything, it could even be easier, with an overextended leg to $1k
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tududu tududu
Point being, don't let bias and fear blind you, the trend is your friend until it reverses. Are you catching the knife here?

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