SHORT Double H&S and 9k just before the end of the year
Evolution of Bitcoin for the endding of 2018
SL < 16.000 TP1 = 21.000 = Fib ext. 1,272 TP2 = 22.400 = Fib ext. 1,618 R/R = 2,1+ Uncertainty: Middle Time horizon: Within 2-3 weeks the potential pattern should have evolved
For the upcoming next few month, a continued demand of Bitcoin is still to be expected and it can easily pass $18k, $20k, and the $25k trendline. This is due to increased use of the technology as well as market adaptation of the blockchain or decentralized nodes continued to be rolled out. It is still however, not based on pricing but also the expected roll out of...
Bitcoin futures are pure price speculation. The players in that market do not hold Bitcoin, buy or sell Bitcoin. The CBOE and the the launch of the CME futures have no true bearing on its liquidity or price. Asia, Japan and North Korea are driving its acceptance, not the US futures market. Look for a breakout over $18,500 and price spikes crossing $20,000 by the holidays.
Been consolidating in a ascending triangle which could break up and continue a bull run, but the Dailey Rsi is so overxtended its 50 50 rn, If it breaks up I will buy the retest support at 17k If it breaks down You can get a brief long trade from 13.5k to 16k Then a short. Im really hoping for a 8k, would love to buy that low. We all know the honey badger...
As everyone knows, the price of bitcoin has soared to meteoric heights recently. While I won't try to predict where it's going to go with this post, I wanted to call attention to how well a pitchfork structure described price action before the run-up (from mid-July to late November). 1. After points 1 and 2 were established, price gravitated and consolidated...
Entry @ 10,900 TP @ 10,000 SL is not set. If market continues bullish i will average position to the upside later on. Regards.
My bullish scenario which I am assigning the highest probability is that we completed an ABCDE correction and then saw impulse wave 1 and currently we are in wave 2. I was thinking that we saw an extended flat on wave 2 and would see a drop to 10450 or so however maybe we are getting an ABCDE correction with an extended wave B. My bearish scenario is that the...
This is not in my Portfolio and it shouldn't be in yours. However there are many people thinking about and asking my own view on it, but I do not trade any duck is moving out there, there are thousands of real assets and you looking for something that nobody understand a 100%. Any Investment should be based on important and real data with defined business model...