Hello everyone! Below I have some logarithmic and some normal charts with their potential support levels. The main chart is my logarithmic BTC-e Chart, which last night held support perfectly. However if that support breaks, we are going to need other charts to get some entries/exits for our longs/shorts. My belief is that we are going to hold at 2200$ for a...
this chart can make help for somebody bought bitcoin on high price time is no finish after make (M) bearish -good time for sell of your bitcoins before in lose money
Short where you want, long where you like to. Last down move could be coming. Shorts may work out. However, if you've followed my previous chart which had shown all the possible role reversing level ( Resistance into support ) We've just touched the line and going back up again. I've known some traders bought in at the 1000s Level and you might want to hold even...
it is a possibility to sell bitcoins now after that drop and a retracement. best look at price action to confirm a sell. open 3 trades not only 1. take profit of 1/3 around the low of the drop and move stops of the rest 2/3 to breakeven. take profit of another 1/3 around the red price trendline. let the last 1/3 run. if this is a start of a downtrend (yeah, i...
Short it! ;) Pink lines are targets, at green line is entry for short. Red Line for Stop.