Get started

BTCCAD

Get Your Loonies ReadyBTC has been following a pretty clear H&S pattern on the USD/BTC pair. Its a little less clear on the CDN chart due to lower volumes. One of the challenges in trading CAD/BTC is having enough volume to execute your trades. I haven't seen much CAD analysis - give me a like if you care about CAD. We are going down the right side of the H&S - we may drop below 9000CAD tonight. All signs point to an extended bear market. I am setting 8400 CAD as one of the spots where I will make a buy. Its too difficult to tell if we will reverse after that point but this sideways/downward market can't last more than another week or two. We might have a few more false starts before we move up and stay up - but thats where the opportunity to make cash or coin are. Short plays will abound once we start changing direction!
by rgeddes
1
BTC/CAD Analysis - Target Buy Price!I noticed today nobody has been charting the BTC/CAD pair regularly. The problem with the BTC/CAD pair is that it doesnt "convert" perfectly from USD to CAD and depending on the exchange you are using you might experience volume problems when buying or selling. That being said we are looking at a play of about $1000 CAD. BTC is set to slide to around the $6500 USD mark as it completes the head and shoulders pattern it has been tracing for the last number of days. The best way to play the BTC/CAD pair is to look at the pairings for other currencies and infer from there. The CAD/USD exchange is unlikely to dramatically change - so we can use the USD graph as a secondary resource and predict that BTC will in fact go down in CDN. My target is $8400 CDN - this doesn't imply that it will not drop any further after it reaches this point. Technical Analysis has its limits in this regard - what happens after this pattern completes and it hits it target is anybodies guess. History seems to repeat itself with BTC - so I expect once we hit the "bottom" of this pattern we will quickly jump back up to 10k. This could be a quick play or we might continue moving sideways or down for some time.
by rgeddes
BTCUSD + 5th Wave Confirmed = LAST DROP + WARNING 1BTC/4700$BTC Has confirm his 5th wave YESSS I strongly suggest you guys to wait before buying some more BTC or ANY other coins. The reason is simple... BTC Drops... And we see Blood everywhere... Please go and see my BTCUSD chart (link Below) to understand What is coming in the near future OR If you want more info, update on BTC or any other Alt Coin Join me on telegram (Link Below) Remember Investing is about risk management and NOT a ONE TIME Huge Profit... Please LIKE & COMMENT Feel free to give some Negative or Positive feedback to make sure everyone benefits from your vision D-Jet
BITFINEX:BTCUSDShort
by CryptoDjet
2
Bitcoin longterm 2016 forecastI think if we look at higher lows since october 2015 we can clearly see slow and steady rise in bitcoins value. Market is very calm those days but overall prediction is long. I think at January 2016 we can expect price 480-500 according to this steady appreciation. If you are interested in buying bitcoin, you can do it for sure on bitstamp.net or at eToro ( trade-test.com ) as they have introducet bitcoin trading lately and have very good conditions for it. If you are smaller investor, it is even cheaper to trade at eToro than using Bitstamp.net. Bitstamp is only cheaper if you have already some volume discounts.. if you have standard 0.25% commission account, then trust me, eToro is cheaper. I have switched to this platform personally because of BTC trading. Tell me what do you think about bitcoin prediction for 2016, do you have same opinion on it?
BITFINEX:BTCUSDLong
by Tradingisparty
2