I have been permabull on bitcoin since a long time. But now things start to get more tricky. Socaretes once said "I know that I know nothing". I feel like that, I dont know if bitcoin will reach a new high from here or if we go in a correction. Knowing that I dont know it, I am looking to find a way to not miss out a new run but also not lose too much profits...
My perma bullish eyes spotting these patterns here on the short term charts.
Factom is one of the blockchains which actually got real world use. Latest news: kaula.jp The 2h chart has broken the trendline and seems like drawing a flag. Bought back in.
I give strbtc a chance here, seems like we have support on the 0.786 fib level and also at the ma50. ABC correction is drawn and a small 1-2 wave as well. Due to the high volatility we have a solid possible upside with a good risk reward.
BTC remains bullish in a parallel channel on the 2h chart, short sellers are sweating already. Making a new high (above $2460) could beam us higher to retest the all time high near $2700.
Entered long ethbtc I dont often trade eth but this looks like a good risk reward to me here
Decred trying to break the triangle on solid volume after large market buy. Looking for a daily close and hold above 0.011 to confirm breakout. RSI and MACD on hidden bullish divergence
ETCBTC has broken out the trendline. If it draws the same fractal like last time, I would expect fews days sideways consoldation before making a new high with volume > 30day average and daily macd crossing after.
Buying a small position on STEEMBTC here. It was struggling with the MA200 but there is a chance that this resistance is breaking now and will draw a golden cross, in this case i expect a spike up. Volume still needs to come in to confirm the breakout.
buying the zcash dip here watch for the breakout 0.063 which could turn this in a longer term position. also keeping an eye on the 30day average volume
ripple seems oversold here. bullish divergence has formed on the 2h chart ready for rebound.
First bitflyer chart on tradingview ^_^ www.youtube.com bitcoin to the moon :) soon™
i am still long EDIT from 13$, 16$ and $21 holding my long term positions. But need to switch from log to linear scale here to find the support, this current dump seems like a bear trap to shake out the weak hands who bought into the patent news hype. smart money has taken profit on double up causing the first sell off. If the linear trendline is broken down we...
nxt has broken out the ma50 and ma200 and is going to have a golden cross. A consolidation phase above the last localtop (1111) would be another bullish sign and should confirm the trend reversal. nxt block reward is tx fee only so there is no supply increase. Increasing my position in the 1100-1200 area ( i already in position together with the ardor...
this rebound looks similar like last time, will it follow the same path?
GRUB channel spotted with inverse head and shoulders reversal
IBM hits support on crossing necklines. Add to long term position with ~$1.5 risk per share. Good risk reward, tight stop.