Long

BTC to the moon

By Pato99

Updated

BTC needs more chaos!
Watch for the break out and beware of bad news!

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chuff chuff tk tk tk tk chuff chuff!!

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we could see a dip here. closed 70%

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We are near to the top of the pitchfork. We should watch this level pretty closely. Volume is decreasing each day, so a break out of the pitchfork is rather unlikely. I decided to close all my BTC margins and if we get signals for a dump i will hedge my BTC bag against it.

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i see a huge amount of shorts joining the game here. I exchanged 30% of my BTC for ETH and ETC and will slowly build a 70% hedge position for the remaining.

Market is extremely overbought. 3 Day RSI is climbing above 90

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1h movement sell 55,5%. bye bye

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Wow BTC made a nice jump. Also ETH could gain a nice 20% today. ETC still bullish.
We may go sideways for some time. Currently bulls are in full control, but it is possible to retrace to the yellow line. This could also be a new buy opportunity.

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we ride higher every day... no sign of bears

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i really hope you didn´t bought this on margin :D

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We hit the yellow line. Time to buy.
Retracement to 5500 CNY is possible

Pato99

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