comp looks like it will form an ascending triangle
if it does will try to add longs when the price comes to support
stop will be manual close below triangle support
setup valid as long as resistance holds
before i start remember this is pure speculation!
so I missed my entry on the weekly ascending triangle by 1.5% approx
this was/is a solid breakout & I wanted to see more data, my 2$ target is still valid
now back to the chart in question, I zoomed out on bitstamp & we clearly...
alright, so the first plan has worked out perfectly so far!! 3drive was perfect caught the short but missed long entry by 100$ (will haunt me forever)
cleaned up the chart & looking at it, it's possible that we might form an ascending triangle here I am waiting on red resistance to test &...
Might be forming Descending triangle along with a Bearish cypher
If the bottom was in then we should not wick below the last low
waiting to fill long then short for 3drive plan ()
this could also be dead cat bounce in that case we will take out the last low & wick a lot lower to 40xxx
have been keeping an eye on this setup for over a week now if this goes the way i want
we are still sideways consolidating have been scalp shorting & longing for this nice range!!
getting 20% moves is really amazing when you are talking about bitcoin
Now we have lots of fundamentals that might affect the price however i...