Last post: June 7th. See chart . Review: Price had moved above the resistance level and was also above the £30.00 round number. Update: Price has now pulled back to the support level which was previous resistance. Conclusion: We have to see if the support level can hold price up. We can then look for long trades when the previous high is broken on the daily...
Last post: June 1st. See chart . Review: Price was trading above the previous resistance level but was coming up to the £30.00 round number. Update: Price is now above the £30.00 round number and looking strong. Conclusion: A breakout of a previous daily high will offer us the opportunity to enter a trade. Any comments or questions, do not hesitate to leave...
Last post: May 27th. See chart . Review: Price had just broke through the resistance level. Update: Price has now cleared the resistance and is facing the £30.00 round number. Conclusion: We need price to rise above £30.00 before looking for trading opportunities. If price returns back to the consolidation zone then we need to stand aside. Any comments or...
High risk, high reward. I am super bullish on Bitcoin; therefore I am super bullish on $RIOT. Now, let's cause one. Everyone says to short and that it's a scam. I only listen to the energy in the charts. The energy says that something is about to move. Call me crazy, but I'm in for the ride. "Go out on the weekends, I barely. Peace & Prosperity." - bryson t.
One thing I was always taught was that bitcoin doesn't do sideways. Well, obviously it does. Either someone needs to restart the bot server, or whoever is keeping the price in this strict channel needs to work out what they want to do. Maybe we're in a negotiation phase. One whale (bear whale) wants to keep the price down, and is negotiating with another whale who...
As I said in my previous post, the falling volume with steady outbreak was just setting BTC up for failure. Here we are seeing it flush a little as expected, but there are only two options and for now I am holding a small short with a high leverage just in case it goes under as that small short could increase my portfolio by 20-30% if BTC decides to retest the 7k...