Grounded

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Joined k2riddim
Interested in crypto
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BITSTAMP:BTCUSD 66% | 6 MTGOX:BTCUSD 33% | 3
Grounded Grounded BTCUSD, 240, Short ,
BTCUSD: BTC Easy decision to be made within 48h
586 4 10
BTCUSD, 240 Short
BTC Easy decision to be made within 48h

BTC price is in a very strong uptrend channel due to the strong correction that took place past week end. We shouldn't forget that past correction made a lot of past supports turns into resistances. Price around $2250 (+/- $50) has been an argument between bears and bulls during 1 day and a half between 11 and 12 july. So for me it's logical that BTC is taking ...

Grounded Grounded BTCUSD, 240, Long ,
BTCUSD: Possible long opportunities
215 0 9
BTCUSD, 240 Long
Possible long opportunities

There was a first breakout on july 3rd, leading to the price of ~$2640 on bistamp. Since then, price stayed in the $2500 / $2600 area, whenever it tried to escape that box, it got back in really quickly. In the next few hours I believe bitcoin is going to break out one way or another. I believe it's most likely to go up because the up trend showed more strengh ...

Grounded Grounded BTCUSD, 240,
BTCUSD: Wait for ppl to end their argument before making any decision
170 0 8
BTCUSD, 240
Wait for ppl to end their argument before making any decision

As you can see the $2500 - $2550 is very often where the argument between bears and bulls takes places. Already 6 arguments in that zone over the last 2 months... So maybe you should wait the end of this one before taking any decision.

Grounded Grounded BTCUSD, 240,
BTCUSD: Prices variations may slow down a little for 1 week
161 0 6
BTCUSD, 240
Prices variations may slow down a little for 1 week

I think the big storm may be over for at least one week. Price can still break the downtrend or uptrend at any moment, because, it's BTC. But i'll be mostly paying attention if any support or resistance is being tested again.

Grounded Grounded BTCUSD, 240,
BTCUSD: Expecting movement soon
154 1 6
BTCUSD, 240
Expecting movement soon

It might go sideways in the next hours in a strong correction, or in strong bullish movement.

Grounded Grounded BTCUSD, 30, Long ,
BTCUSD: MOON
160 0 6
BTCUSD, 30 Long
MOON

It's going there

Grounded Grounded BTCUSD, 240,
BTCUSD: 4h chart, upward channel to be tested another time.
77 0 0
BTCUSD, 240
4h chart, upward channel to be tested another time.

965 is still a strong resistance. We might go sideway for the next days, and test the channel another time.

Grounded Grounded BTCUSD, 240, Long ,
BTCUSD: 4h chart, with upward trending channel since late december
89 0 2
BTCUSD, 240 Long
4h chart, with upward trending channel since late december

However 965 seems to be a strong resistance to break.

Grounded Grounded BTCUSD, 120, Short ,
BTCUSD: 2013/12/20
68 0 2
BTCUSD, 120 Short
2013/12/20

Short

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