After the recently whales attack to 9.700 levels rsi shows bearish divergence on the chart. I think every little price up is a good idea to short. I'am expecting the test of these levels below:
We might see an up move till 9.650 level but my opinion is bearish on 4h chart.
My trade plan is:
Entry around 9.560-9.650 (you may...
I am expecting to enter a long trade from 9.495. You can check my previous idea about reverse head and shoulders formation. I guess it keeps forming.
Here is my weekly chart analysis. In my opinion we reached at a critical week or two. I expect a triangle breakout on next week close. I think it is going to be bearish season for june. Below we have 8.848 and 7.888. Plus there is a little chance of retracement back to 6.929.
On the other hand we have 10.213 and 11.953 on upper side. As we can...
I am here again another short scalping idea. In my opinion i think 4h chart we can clearly see that BITSTAMP:BTCUSD is already overbought. Plus, we haven't seen a clear retracement since the pump started around 9.180. Therefore i expect a little retrace here is my trading plan:
Stop Loss: 9.680
Today i'm going to share my first analysis with you. But first of all i would like to mention a lil bit about myself. I've been working for a private bank for over 8 years. I also have been trading in forex markets and cryptocurrencies since 2010.
Last couple weeks we've witnessed to ups and downs on BITSTAMP:BTCUSD . In my view there is a...