This #Bitcoin fractal tells us the FUTURE! 2015 vs 2018...
This is Viacoin MANs favorite chart because it has be very accurate. He sees there is a lot of convergence taking place, the blooming V unfolding with the trend lines taken from ATH to short term highs He has attempted to do some rough extrapolation utilizing this convergence with the magnetism the price $6666 has shown this year The take away from this is that...
Working off the trent lines that have been build and pattern that has been reinforced for 9 months we can see that the overall position to take is long With the more recent short term resistance line established we can use this to help time the break out, or intensify how much we yell at our friends to go long also.
Look at this. 1. The tend lines coming from the peak of DEC 2018 ATH tend to guide the retraces down to the solid support of $6000. 2. These trend lines, in combination with the bullrun trendlines form consistent diamond patterns 3. The price of $6666, a common flipping price point, and Sept 16th line up with these patterns formed from the trend line As you can...
Excellent R/R on this one. Hoping 6210 holds as support again, if not I think a dump is more possible than not so I have my stop loss set accordingly. You can see my TPs on the chart and will begin to start scaling out once those targets are hit. Alarms set, bets placed, lets go btc. Check previous posts to see how I have played this range before.
I have a bullish bias here because we have been ranging between 6000-6600 for over a week and I personally believe 6000-6200 is stronger support than 6600 resistance. It is important to remember that resistances get weaker with each touch and we have been pounding on it the past couple of days. Which ever level break with convincing volume should see an impulsive...
BTC/USD (Bitmex) Long Orders: 7610-7620 (Pending order) Targets: 1. 7650 2. 7690 3. 7750 4. 7790 5. 7930 Leverage: 10x % of capital: 10% Thoughts: Somebody doesn't want market to drop and current price is strongly protected by whales. Somebody needs it. We expect a breakout 7600+. Set pending orders to 7610-7620 and sell at targets above. If we will fall under...