Get started

Bitcorn

ETH - Take me to the Moon, VirdtalikTake me to the heart of your world supercomputer, oh, Lord Beakerin. Closer to the three digits. To higher marketcaps. Make me believe you're friends with Bitcoin. I want to believe. Yes, I want. Fill me with hype and dreams. I want to believe. Yes, I want. Let me ride your Cup & Handle and take me to the Moon. Entry: 0.052-0.056. TP1: 0.095. TP2: 0.132. TP3: 0.154. Stop-loss: 0.048. Risk/Reward: 3.2:1. Please like and follow if you agree with this idea. Good luck! Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
Long
by CoinMajesty
9
DGB opportunities dailyAs you can see I drew a fibonacci retracement from the lowest low to the highest high, trying to find the sweet spot for my entry point. Both MACD and RSI are not sending any signal to rush for a quick buy. So lean back, relax and wait until the chart drops below the first resistence level at 0.00000077 (yellow rectangle ) based on the fibonacci retracement (0.382). See if the chart also drops below the resistence at 0.00000073, which was the lowest point of the current downtrend. If it does, the organe rectangle would be a good area to place your entry. If it doesn't the yellow rectangle would be a good spot.
DLong
by paaax
2
Neutral position on BTCI currently have a debit spread open on BTC, with a $100 spread. BTC 31mar17 1100/1200. I expect the price to be trading within this range for a bit, however not all of it is completely sound. The probability of the call leg being In-The-Money is about 60%, and as of current it is trading pretty close to my strike price. To hedge that, I opened up my short leg with a few more contracts, to collect premium and be net profit at expiration, because there's a 40% chance of it ever going In-The-Money from that strike price. If all else fails, I'll adjust my position, and roll down my long call to a lower strike. For now, that doesn't seem necessary. All of the greeks are favourable. Theta decay is high on the short side, but that's also favourable- you want the top option to expire worthless so you get that sweet, sweet premium. Good luck!
BITFINEX:BTCUSD
by michael.oselskyi
BTC/USD Potential Bearish Cypher Pattern #Bitcoin $BTCShort at the .786 PRZ with stops above new highs. Take some profit / move stops to break even at the .382 retracement and close the remainder at .618. I enjoyed this short video on this pattern . Simplified image via Google search . If you're already long, stay long otherwise consider that the 13 EMA is suppressing price at the moment so you might want to wait for a deeper retracement into that yawning chasm in the volume profile with stops below new lows. I occasionally post unpublished ideas / charts on Twitter: @grahvity
BITSTAMP:BTCUSDShort
by grahvity
5