Looks like a nice risk to reward... might not pan out if the dom is going to continue to collapse but the RR is good on this one. Good luck, Mr. Manbearpig
Updating the previous post with more confluence detail.
Don't be a moon boy, look for all probabilitys Look my old charts about Bitcoin, and u'll see. 3 points to look! @Red Line - @Yellow Line @Green Line
For now we do not do anything except wait ! if we get to go on the green rectangle then we target $ 8800 then 9900 on the other hand if we will go on the red rectangle so here we will go on the lowest than 7500 then $ 7000
No If. No But Target as shown. target 4257 Stop loss almost near to recent high Opened a massive short. Liquidation at recent high as shown 5435. Is bitfinex insolvent? Did they really lose $850 million and tried to cover up the tracks by misdeeds? If so, they will be responsible for the #bitcoin drop in price just like #MtGox was. Is this a repeat of...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Ascending triangles are bullish continuation patterns that form when the upper trend line is flat or horizontal while the lower trend line continues to rise diagonally. This indicates the up trend has stalled while the support line representing buyers continues to rise, thereby closing the distance between the lower and upper trend line . Eventually the lower...
Viacoin MAN has not been a soft lover this bear market and this is way. It is scary now but on this bitcoin remains bullish. Viacoin MAN is always long and strong, he does not get fooled as often as you do.
BITFINEX:BTCUSD Just a quick update on my last idea as if or when it happens then it is good to be aware of what is going on as most trader who dont read my posts have no idea really what is going on. I am becoming convinced that we are going to see a double bbc wave inside this phase. Most of my TA is based on my own style of TA which i have developed using...
This is my strategy going into bull season. "THIS IS NOT AN FINANCIAL ADVICE"
BCT daily has touched 200 days MA and formed selling candle. We gonna need more momemtum to get pushed higher, but I think it will consolidate here for a while.
Hangman at the Top of Channel. Things need to cool off a little.
After a Monday sell-off, BTCUSD went into a lateral movement inside a narrow channel 6650.0 – 6800.0. From the lower side, 6425.0 level stays a critical support. From the upside, 7000.0 level must be overcome, to consider investments in BTC reasonable. Today forecast: Trading in 6650.0 – 7200.0 zone; Break below the 6450.0 level will lead the price to the...
Orders placed a little above support at 6025 to help ensure we get a fill. Strong level, expecting a decent bounce at this price. Will look to take profit on 70% of position at 6460 should the market get there.
Orders placed a little above support at 6025 to help ensure we get a fill. Strong level, expecting a decent bounce at this price. Will look to take profit on 70% of position at 6460 should the market get there.
Fall zones decision nodes (black) Go Zone// Sell Zone(Red) Safe Hold(+) Sure Buybacks(1a, 2A) Trend Line(dotted, solid_color)