Versadeath
Long

Bitcoin Wyckoff Schematic

OKCOIN:BTCUSD1W   Bitcoin / Dollar Forward 1 Week
My target is 277$-285$ on futures (probably 295$ on quaterly)...I expect before a retracement to 243$ to increase any long position but it doesn't have to happen. I won't short anytime soon as the risk of instant margin call is too high when Bitcoin goes parabolic... https://www.youtube.com/watch?v=0akBdQa55b4
looks good up till now !
I think we'll go to 300 in a sharp jump
+1 Reply
Versadeath purpurato59
a year ago
Yeah, odds are that we will breakout and exit the 200$ level. For now there is room for another leg down so we would have like 230$ as a launch pad for the next rally but we still got a big support at 240$. If we go sideways the next days we will probably breakup without any dump.
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Versadeath
a year ago
 

Not buying the "double bottom". Going long at 230-236$ will be a really profitable trade if it works out...would be nice after almost 3 months of starvation for BTC traders.
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Versadeath
a year ago
Uptrend finally holding as originally planned...now it's more safe to buy and if it keeps going up till monday, bulls are saved.
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