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Excavo

Told Ya So BTC Going UnderAs I said in my previous post, the falling volume with steady outbreak was just setting BTC up for failure. Here we are seeing it flush a little as expected, but there are only two options and for now I am holding a small short with a high leverage just in case it goes under as that small short could increase my portfolio by 20-30% if BTC decides to retest the 7k level again or even lower. Now for the options Option 1(short): we go down to 9700 here testing the 200 day EMA, run up a little and come crashing through to retest lows. Option 2(long): This downwards trend we are currently in will end soon and be the hand of the cup for the left shoulder sending us into the Bullish Market. More TA on the way when we see what occurs. NOT FINANCIAL ADVICE THIS IS STRICTLY TA AND MY OPINION ON WHAT SHOULD BE DONE WITH MY PORTFOLIO. Gl Trading :)
BITFINEX:BTCUSDShort
by Markapello
BTC/USD Review 09.02Today is 9 february and it is short screencast review for btcusd bitfin 1d.Nothing changes at global vision, but i have something interest.In previous review i payed your attention on key support lines S1 S2 S-basic. So, at 6 fabruary we saw the btc price tested S1 with increased volumes that mean S1-support is realy strong. BUT after rebounce from it we see some rise with decreasing volumes its mean that bulls havent strong interest now. For predict further BTC movment we need observing btc market on smaller time frames.We need to seek the impulse with increase volume and take a right position. If it will be rising impulse, so price will going to main resist for BTC. A-resist. Otherwise we will go to retest S1, so will know about true power of it.
BITFINEX:BTCUSD
by Supernova_elite
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