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DLavrov
Oct 10, 2017 6:01 PM

Bitcoin Short Term Trade Long

Bitcoin / Tether USDPoloniex

Description

We have the same pennant chart pattern like in XBTEUR market, but the difference is in strong resistance levels which are not far from entry point. The price can be stopped by 4900.00 and 5000.00 levels. But if you want to take part in high risky trading, pending orders for buy can be placed at 4920.00 level. Stop orders must be at 4735.00 level. Profit target is 5200.00 level. Be ready that the market can bounce from 5000.00 level and we'll see short term retracement. Use stop orders for exit if the market moves against your long positions.
Comments
predsedatel

Great job, master!
JohnnySmithb8
you are great! keep it up!
ptrick
Thanks for the info!
tudoyfue
please keep posting more analysis... it helps me learn... and i hope to be good like you one day...
LXXe
to anyone -- whats a good site to retrieve info on BTC trade volume (across all exchanges)? i posted the sites i looked at in a separate comment below.
LXXe
great information here. a very basic question -- what do you recommend as a reliable source of historic worldwide exchange traded BTC volume across all pairs.
- coinmarketcap shows increasing volume over last 12months
- worldcoinindex show massively high barcharts for late 2016 (muliples of avg2017 volume)
- bitfinex/bitcoinwisdom indicate no consistent volume increases in last 12months
could i be looking at BTC/USD only in one of the charts. any advice appreciated.
BassemSabry
Perfect! got in at 4765, out at 5182. Good day to you Lavrov. Keep up the good work!
Fahadafzal
good job.
Supernova_elite
Good! This my vision on BTCUSD
ndendic
Can you tell us something about ichimoku 24,60,120,60 setup? Is it just for 1h charts, and what's your logic behind it? Thank you, for great work!
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