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Easymoney

BTC Douible TopHello Patrons, Right now the price of BTC is 19535 as I am writing this. Dont buy in to the fomo. look at the big picture I posted yesterday. Just to confirm that we are headed down, you can see that within the last few hours we have a double top formation. Just a quick little post about it! if we cant pass this resistance we are headed down to the blue line. Tried to make this post quick today, let me know if you have any suggestions or comments A man will always rise when he falls, but when a leaf falls, it gets stepped on. Peace!
COINBASE:BTCUSD
by Thefallingleaf
1
Bitcoin Double Bottom continuesDear patrons, This is my new analysis and update on BTC moving up in the chains. We bottomed out at 17650. On my last post I noted that I entered this trade at 17850 to hopefully get some solid bounce to the upside, and set my stop losses in the 17650 area. Continued to today I am riding this upside, we clearly passed the neckline of the double bottom and now we have a new support. I moved my stop losses up to the zone where if the neck line breaks then we will have some profit. Currently we are testing the 18800 resistance. Wait for conformations on the four hour candles to assume breakouts, etc. Note: if you miss a double bottom, you can always purchase the breakout above the neckline (circled in purple). I also circled the zone of which I entered which is the bottom. Another thing to consider on the chart, Red is stop loss, Blue lines are key supports and resistances. hopefully we can get some more upside to this trend. Please like and share, my last analysis was pretty accurate, we can all make money together! happy trading :) When a man falls he can get up, when a leaf falls it is stepped on. -The one and only, fallingleaf
BITSTAMP:BTCUSDLong
by Thefallingleaf
AUD/CAD - Long i recently took this long on AUD/CAD. i expect to see new daily highs on this pair and a continuation of the overall trend. i took this trade simply because it met my criteria for a nice day trade, meaning we have a clear trend, with higher highs and higher lows. After a 4H high was broken, i waited for the re test along with some good price action before going long. Risk was 1% with a 2:1 reward risk. Simple. for management i will wait for price to rally 50% to my target before waiting to bring stops to break even.
Long
by ProsperousTechnician