So I noticed this one a few days ago and looked again last night and seen that it had hit the top of the curve, when I was looking last it was a flat bottom, in hindsight I should of bought!. I think over the next day or two this will give a buying opportunity to go long and make some nice gains, probably 40% plus.
Curving out of a downtrend
Building a trading range using the volume profile and trendline to get the center then a pitchfork with fibs, its 78, 61, 50 - 50, 61, 78
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I didn't get to buy in yet! BTC is mooning acting the fuk why are not others doing the same? I seen this spike and took a short around 93.13 dunno what it is I see the number 313 everywhere. Mental thing. Anyways took that short, hoping for it to pay some SL and get back in on long when it settles.
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Think this is bullish, has a bullish bounce and is making a higher low, going to close the short and go long with a stop around 85c. Let it play and see how it goes.
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"ANGEL NUMBER 313. ... This makes 313 the number of optimism, enthusiasm, communication, creativity and expansion. Angel Number 313 is a message from your angels that the strong connection you have with the angelic realm and the Ascended Masters is assisting you with staying positive, light and optimistic about your life." Explains alot!
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See the divergence from yesterday, popped up. It's doing the same again only this time it is on the bullish side of the MACD. Lets see does it go up or down. I am long on this now with a stop of 87c. Lets see what happens in the coming hours. Will sell and buy a short if it shoots up right up like the first one. Its actually alot like the ETP one, seems strong.
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nope I am an idiot. it is not doing it again! Just can see it clearly here looking at the screenshot.
@CryptoCreepya, Not sure either buy a break of the trendline or wait for a bounce off the bottom.
Not sure ill be buying anything, think ill go back looking for shorts. BTC moves down just $100 it kills longs on everything and it is not fun. A slow bleed of funds. I think BTC is going to go down anyways.
CryptoCreepya
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@sykes, thanks for the reply. really appreciate. you and some other guys on TV really make a difference in a goodway
sykes
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@CryptoCreepya, No problem. Learning myself, I find this is good for trading, if it breaks out of the channel then you know to get out, buy bottoms, sell tops/levels.
And then use trendlines, they will act as support/resistance. Price moving up, trendline is on the bottom. Price going down trendline on top. If it breaks then its a sell or buy.
@CryptoCreepya, IOTA and SAN is good to trade using it. Just sell the breaks of the trendlines. Or buy when it breaks the down ones.
CryptoCreepya
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@sykes, got into iota yesterday as per your suggestion. now all of a sudden it showing strong moves upward. don't know why. freaking out a lill bit on when to sell.
ps : watching the videos that you have given me
sykes
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@CryptoCreepya, yeah right. BTC has moved what 80$ range and this shit moons. Honestly don't know man. Buy/sell break of trend.I am not giving advice, I am using this to learn, so I can see how things move.