djkirbynz

djkirbynz Updated 

BTC never fails to suprise us. BTC has made great gains upwards smashing through $4000 and pushing past $4200 and almost getting to $4300 before being pulled back currently to around $4172. According to my charts BTC is tracking comfortably between the channel and its business as usual. We have an upper Resistance intersection to crossover at $4360 +- at around...

djkirbynz

Lovely little trading channel opened up for some buy margin positions. Nice and simple stay trading within the channels exit if candle breaks outside of upper or lower channel. For larger gains enter new trade on breakout of channel buy or sell position and wait for the penetration through the support or resistance levels.

djkirbynz

Looking at the last 10 days of price movement we can now clearly see a large trading channel which has formed. We have the thick Resistance level of $4,000 - $4080 to break through which as seen seems to have been tried twice in the last 10 days. A good couple of pumps have seen BTC rise to $3900 - $3950 quite quickly. I would be he hesitant to say the price...

djkirbynz Updated 

Looking at the 30 min cart on BTCUSDT on Poloniex for swing or day trading I would be looking at trading the sideways trend channels and looking at closing positions if the sideways trend breaks either upper or lower levels. We have a good looking short term consolidation in a relativity narrow channel between $3620 and $3720. This is not a long term...

djkirbynz

broke upper trend channel and broken through the resistance level at $3,600. powered up and through next resistance level at $3,740. next resistance at $3,810 the upwards rally is trading in a very narrow trend channel. Id be looking for a break through the upper and lower trend channel points as BTC movies through it. If BTC trades within this narrow channel it...

djkirbynz Updated 

Trend Analysis prediction on 1hr Poloniex BTCUSDT scenario # 1 -If breaks support at $3,500 good chance to dump to next major support at $3,200. A dump of up to 16% could be realized for those wanted to short. scenario # 2 - looking for a break out of descending trend channel before the breech of the support level at $3,500. The rally needs to be break a...

djkirbynz Updated 

Over the last few days the basic trending pattern seems to be for Day Trades / Scalping. Pattern / Trending: Sideways movement Profit Range: 5.42% Up & Down Resistance Level: $4,050 Support Level: $3,840 I believe major movements Up & Down will come from Fundamentals and minor movements will be made from TA. Keep an eye out on news from China for a...

djkirbynz Updated 

Bought in at 2290 thought BTS was a good position. Its only a small trade and bought in going long. Not too concerned yet. Anyone have an outlook for BTS?