If you look at the chart from Dec 2017 we are following a very similar pattern for quite some time and to be honest 50 and 200 EMA might keep us with the same pattern. If we will bounce back at the level of 9880 to bearish, it's not a bad idea to open a short position. Disclaimer: This is just my idea, not advice. Make your own research before you place any orders.
If you look at the chart from Dec 2017 we are following a very similar pattern for quite some time and to be honest 50 and 200 EMA might still keep us with the same pattern sp if we will bounce back to bearish it's not a bad idea to open short position.
It looks like we've been denied by 50 day EMA on 15 min chart but we got through. What now? Probable bullish movement till the area of 9970. Then we will get resistance by: 50 EMA on 15 min at 9975, 100 EMA on 1 h at 9980. What if it will not stop BTC? Then we meet another resistance at 10140 and 10330 and of course let's not forget about 50 EMA resistance on...
The most important thing is not to panic. Right not we are in line with 200 EMA and that's fine. We've been here many times recently (yellow lines). We got our stop loss so we are safe. 4h Heikin Ashi candles show are still in the bullish so now it's time to be patient This is just an idea, not advice. Make your own research before you place any orders.
We actually might have much bigger left shoulder than I expected! The most important thing is not to panic. Rinse and repeat! Taking a loss on v2.4 but the price actually stopped, which opened another LONG opportunity. 50 MA and 200 MA actually split, thanks to that drop so we might be able to breakthrough. This is just an idea, not advice. Make your own...
So far we have a confirmation of another H&S so about time to set LONG position for about the next 45 hours. This is just an idea, not advice. Make your own research before you place any orders.
This is an update of my idea for BITSTAMP:BTCUSD . I said I doubt it will do another 2 sets of H&S, but right now it looks like we have left shoulder complete! It also leans up for the head which is very clear on a 15 min. time frame chart. If it will not go below the level of 10400 we have a serious chance to see a short-term LONG trend to a level of 12550...
This is an update of my idea for BITSTAMP:BTCUSD . I said I doubt it will do another 2 sets of H&S, but right now it looks like we have left shoulder!? If it will not go below the level of 10450 we have a serious chance to see a short-term LONG trend to a level of 12450 in next 24 hours. This is just an idea, not advice. Make your own research before you place...
BITSTAMP:BTCUSD This looks insane to me but.. I need an honest opinion on this one.
Here is a possible scenario of the previous idea for BITSTAMP:BTCUSD . I seriously doubt it will do another 2 sets of H&S but so far it does follow the Three Drivers. This is an extended version of: Let me know what do you think about this madness.