BTCUSD - look for a bounce around 7600 (red line)
Looks like we are about to have a sell off! Look at the shooting star made today.
BTC's price structure is very clearly pointing down... Now its up to us to let is go to where it needs to go (and not buy on the way down).
Its as as clear as day when you invert the chart...
Today we made a distinctive shooting star pattern that has marked the end of the bullish retracement. This looked to be driven by news that was going around about the RBA considering QE in the near future, and anyone with any sort of brain knows what this means.... www.afr.com
BTCUSD has officially run out of new buyers and is now set to break down below 9500. Whales holding large stacks are selling at every mini top so no upward trend can be sustained :( Weep. See chart for details of prediction.
BTC has left its channel which for me confirms that it is adhering to the broader bearish pattern. Sellers > Buyers. My bet is that the original holders from sub 1000 are cashing out whenever the price goes a little high.
BTCUSD might be in an ascending channel here. Look for confirming bounces from the bottom line and rejection from the top.
This looks to me like we might be making a decending channel structure. If true we are looking at a 10% downward move by Christmas!
Since we have broken out of the triangle with momentum, and then seemingly found support I have decided to test the waters with a nice little trade, low risk just in-case our whale friends are trying to shake us out before a pump. Stop at 9295. I'll look to add to it on confirmation.
looks like our btc is following a pre-written script
Going by this chart it looks like we are about to crash. But, going by BAKKT coming soon it should be bullish. Do we believe the chart or the fundamentals? My head says the chart, my heart says the fundamentals.
BTCUSD - keep riding to the sell zone BTCUSD is behaving very predictably at the moment if you are willing to abandon the moonboy ideas and trade aggressively in and out like a cobra :)
OK, we are now in the buy zone... Now looking for a signal to go long. Looking for some sort of support and volume confirmation
Hi everyone, wait for support below the buy zone for a good trading opportunity with a high RR
Hi everyone, watch this space. It won't be long until BTC is in the buy zone which means $$$$$$$$$$$$$$$