Bitcoin (Oct 17) - 23 Days sideways, crazy time is coming ?
Our previous analysis has been broken, however, today we have another opportunity. Please understand that we are in a quite sensitive period and all normal trading knowledge can be broken at anytime, so be wary by setting Stoploss for all trades
As we can see on the chart, BTC is stuck in a channel and now this pattern has been around for 23 days, long enough to be broken out by a big candle.
According to my analysis, BTC will rebound and test 4 targets simultaneously in the 1D timeframe : MA200, MA50, the upper resistance line and the Ichimoku cloud bottom. Of course, to overcome this area of convergence of too many resistance will be very difficult, so we will believe that BTC will go to the 8700-8800$ range around October 25-27. I think Sell strategy will be suitable in this price range because at least BTC will return at least 200$ to 8500$ before finding the next opportunity.
And there's a coincidence that every Altcoin waves end around this day, so make sure you sold all your Altcoins before this terrible day. Let this fight for Sharks
However, if BTC is too week and unable to bounce back to the 8800$ range as above, then perhaps we don't expect that BTC will fall sharply from this channel and plummet to 6000$ rather than 7000$ as the previous analysis
Translate : tinyurl.com/y6xh2kox
====================================
Let’s meet up and have some trading battles today!
Guys from Onederx invited me to the trading competition that they hold each Wednesday.
It’s a 24-hour marathon consisting of many 10 min blitz trading rounds. A trader who earns the highest PnL(%) in 10 minutes wins the round. Results are shown in real-time and it’s quite exciting and fun to compete with others.
I signed up for the next tournament, my nickname is CryptoStation_
Sign up, create a nickname with the suffix “” like your nickname_ to recognize each other.
BONUS 1: Top 3 traders the suffix will get additional $175 from me & Onederx guys. (1 place - $100, 2 place - $50, 3 place - $25).
BONUS 2: Sign up via my link onederx.com/r/HVcp74g in the next 48h and get +$10 on your first deposit.
For CryptoStation’s members :
BONUS 3: After signed up, contact Captain to get new Safe Selling Strategies, written by Captain
BONUS 4: Everytime you won a tournament, you can contact Captain to get 1 VIP month for FREE!
Learn more here & Let's rock! (trade.onederx.com/tournament?referral_t...)
As we can see on the chart, BTC is stuck in a channel and now this pattern has been around for 23 days, long enough to be broken out by a big candle.
According to my analysis, BTC will rebound and test 4 targets simultaneously in the 1D timeframe : MA200, MA50, the upper resistance line and the Ichimoku cloud bottom. Of course, to overcome this area of convergence of too many resistance will be very difficult, so we will believe that BTC will go to the 8700-8800$ range around October 25-27. I think Sell strategy will be suitable in this price range because at least BTC will return at least 200$ to 8500$ before finding the next opportunity.
And there's a coincidence that every Altcoin waves end around this day, so make sure you sold all your Altcoins before this terrible day. Let this fight for Sharks
However, if BTC is too week and unable to bounce back to the 8800$ range as above, then perhaps we don't expect that BTC will fall sharply from this channel and plummet to 6000$ rather than 7000$ as the previous analysis
Translate : tinyurl.com/y6xh2kox
====================================
Let’s meet up and have some trading battles today!
Guys from Onederx invited me to the trading competition that they hold each Wednesday.
It’s a 24-hour marathon consisting of many 10 min blitz trading rounds. A trader who earns the highest PnL(%) in 10 minutes wins the round. Results are shown in real-time and it’s quite exciting and fun to compete with others.
I signed up for the next tournament, my nickname is CryptoStation_
Sign up, create a nickname with the suffix “” like your nickname_ to recognize each other.
BONUS 1: Top 3 traders the suffix will get additional $175 from me & Onederx guys. (1 place - $100, 2 place - $50, 3 place - $25).
BONUS 2: Sign up via my link onederx.com/r/HVcp74g in the next 48h and get +$10 on your first deposit.
For CryptoStation’s members :
BONUS 3: After signed up, contact Captain to get new Safe Selling Strategies, written by Captain
BONUS 4: Everytime you won a tournament, you can contact Captain to get 1 VIP month for FREE!
Learn more here & Let's rock! (trade.onederx.com/tournament?referral_t...)
Trade active:
Caught the dip at near 7800$
Comment:
BTC is pumping back to 8150$. Enjoy!