-UPDATE.....SWING TRADER & INVESTOR.... -NO TIME FOR EMOTIONS BUYERS.....BULLISH MOMENTUM STILL ON. REMEMBER THE 'MARKET REACTS TO ANYTHING', SO WE NEED TO STICK TO OUR OVERALL STRUCTURE. -AS FROM THE BEGINNING OF THE JOURNEY....STOP LOSS IS ALWAYS BELOW MAJOR HORIZONTAL SUPPORT AND SHOULD NEVER BE MOVED...
- UPDATE SWING TRADER... - IT WOULD BE WISE FOR YOU TO BUY NOW..... FOR THERE IS GOOD STRUCTURE!! BITFINEX:BTCUSD - #SECURE THE BAG
- UPDATE.......INVESTOR - REMEMBER ALL WE ARE DOING IS FOLLOWING THE GRAIN - RIGHT NOW TECHNICALS POINT NORTH WITH THE RETEST OF LATEST PINK TRIANGLES SEEMING COMPLETE FOR NOW - STOCH @1D NEVER MADE IT TO OVERBOUGHT SO PERHAPS BUYERS WILL BE READY TO PUSH PRICE THERE.... - WE HAVE NOT MADE CONVINCING LOWER LOW SO FAR AND THANKS TO THE GRAIN. - DETAILS ON THE CHART...
_ UPDATE......INVESTOR _ SOME REASONS TO CONSIDER ON WHY THE NEW BROWN DOTTED TRENDLINE'S SEEMINGLY BEARISH SIGNAL IS SHORT LIVED... 1). PRICE HAS ALREADY BROKEN ABOVE KEY TRIANGLES AND IS RESPECTING THESE TRIANGLES VERY WELL ABOVE. 2). SECONDLY, THERE IS PINK HORIZONTAL SUPPORT WHICH BACKS THE POSSIBILITY OF PRICE CONTINUING TO...
-- UPDATE.....INVESTOR -- DETAILS ON THE CHART -- RIGHT NOW WE PLAY WAIT AND SEE!!!! BITFINEX:BTCUSD
_ UPDATE......INVESTOR.. _ PRICE WAS EAGER TO RETEST LATEST TRIANGLE (PINK 3) AND NOW WE HAVE REJECTION ABOVE _ PRICE SHOULD CLOSE ABOVE THIS TRIANGLE (PINK 3) FOR A POTENTIAL RETEST OF (BLUE RES 3).... BITFINEX:BTCUSD
-- AS PREDICTED...... BLUE RES 2 WAS UNDER PRESSURE FROM THREE TRIANGLES BELOW AND WAS STRUGGLING TO HOLD.. -- PREVIOUS CANDLE @1D CLOSED ABOVE BLUE RES 2 AND AS A RESULT GIVES RISE TO A POTENTIAL RETEST OF BLUE RES 3..... WHERE A STRONG REJECTION MIGHT OCCUR BELOW THIS LEVEL>> BITFINEX:BTCUSD
-- WE NOW HAVE THREE TRIANGLES AND ONLY THE LATEST ONE (PINK 3) IS SET TO BREAK. -- BUT REMEMBER... BLUE SUPPORT 2 IS STILL KEY RESISTANCE, BUT WORTHY TO NOTE THAT IT IS UNDER PRESSURE AND MIGHT NOT HOLD BITFINEX:BTCUSD
-- DETAILS IN THE CHART..... -- UPDATE.... SWING TRADER!!! -- PRICE CLOSED BELOW BLUE RES(2).... SO NO BUY FOR YOU -- WAIT TO SEE IF BLUE RES(2) BREAKS FOR BUY... FOR THERE IS A POTENTIAL RETEST OF PINK SUPPORT(1) -- GOOD LUCK!!!!!! BITFINEX:BTCUSD
--....SWING TRADERS -- YOU NEED PRICE TO CLOSE ABOVE RES(2) @1D FOR BUY -- IF PRICE CLOSE BELOW RES(2) THEN NO BUY -- HAPPY TRADING!!! BITFINEX:BTCUSD
BITFINEX:BTCUSD -- SWING TRADERS..... -- REMEMBER BUY ONLY WISE ONCE RESISTANCE (2) ON THE CHART BREAKS..... AT THE MOMENT (2) IS SHORT TERM RESISTANCE AND IS HOLDING OFF PRICE BELOW... -- IT IS ALSO AGAIN WISE TO WAIT TO SEE IF PRICE MAKES LOWER LOW BEFORE BUY... --HAPPY TRADING!!!
BITFINEX:BTCUSD -- ... INVESTOR -- PRICE MADE NICE REJECTION @1D ABOVE SUPPORT AND OBVIOUSLY NO LOWER LOW... -- ....DON'T BE TOO EXCITED THOUGH BECAUSE AREA MARKED (2) MIGHT BE KEY RESISTANCE,,, AND THE WEEK SHOULD END TO PROVE NO LOWER LOW!!! -- STOCH @1M PROVING BUYERS MIGHT BE COMING.... BUT NO EXCITEMENT STILL... SO FEW MORE MONTHS!! --...
BITFINEX:BTCUSD -SWING TRADERS!.... -IT'S TOO DANGEROUS FOR YOU TO SELL WITH HIGHER HIGHS AND HIGHER LOWS! -LOOK FOR BUY AFTER REJECTION ABOVE SUPPORT @1D... AND ONLY IF PRICE FAILS TO MAKE LOWER LOW -IF PRICE MAKES LOWER LOW, THEN DON'T BUY BECAUSE PRICE MIGHT RETEST HORIZONTAL SUPPORT AND YOU'LL GET TAKEN OUT! -HAPPY TRADING!!!!!!!!!
BITFINEX:BTCUSD 1). MINOR PRICE REJECTION ABOVE TRIANGLE.... 2). MAJOR HORIZONTAL SUPPORT SET TO ELECTROCUTE BEARS SHOULD PRICE DROP TO THIS LEVEL!.....3). REMEMBER BUY ALWAYS VALID AS LONG AS PRICE STAYS ABOVE BEAR ELECTRIC FENCE.
BITFINEX:BTCUSD 1). BROKEN ABOVE TRIANGLE 2). STOCH CROSSOVER @OVERSOLD 1D 3). PRICE SHOULD CLOSE ABOVE TOP DESCENDING TRENDLINE RESISTANCE FOR LONG CONFIRMATION.
THE MARKET WILL REACT TO ANYTHING! BITFINEX:BTCUSD
BTCUSD HAS FORMED TWO MAJOR SUPPORT TREND LINES (MARKED 1 AND 2), PERSONALLY I HAVE ENTERED A LONG POSITION ON BTCUSD AND WILL REMAIN LONG EVEN IF PRICE BREAKS BELOW THE DIAGONAL MAJOR SUPPORT (2). HOWEVER, SHOULD PRICE BREAK BELOW THE MAJOR HORIZONTAL TRENDLINE SUPPORT I WILL IMMEDIATELY CLOSE MY BUY TRADE. BITFINEX:BTCUSD