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Blackstone

Bitcoin scares MA500, and rejecting it! Follow the REKTangles)Hi, people, dear followers! Bitcoin price prediction update, price still under MA500, and couldn't break it, consolidating in Rising Wedge pattern (Bearish) under MA500. More bearish confirmation on Stochastic RSI - there is bearish divergence: price moving down and stochastic rsi moving up. In rectangles I showed possible rebound areas, which shows good supports to close short: entry at 6700, and with stop loss above 6815. And wait for rebound in this levels sush as 6100-5800-5500-5100. Flip to bullish if it break R1 resistance line, and 6800 resistance area. Targets R3 and R2 resistance lines, targeting 7000-7200-7400 Support and Resistance levels calculated using FIbonacci extensions. Good luck and have a good day!
BITFINEX:BTCUSDShort
by ArShevelev
40
Blackstone retracementIdea: Blackstone is has been off the recent daily high since July. The short trend on the 1 hour chart is due for a retrace. News might be enough to give the short trend a break as Blackstone has acquired Harvest Fund Advisors LLC as a way to gain exposure to increasing NatGas prices as Harvest invests in U.S pipelines and export terminals. The news of the deal didn't move the price up when it was announced. Lets see if it will move on technicals. Short term profit fibs are marked on the chart. DISCLAIMER: This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
NYSE:BXLong
by fionnablack