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BTCUSD - SETUP - WEEKLY CONTINUATION - 12 JUNEWELCOME TO DACAPITAL TRADING!! BTCUSD just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Strong bearish close below previous week low indicating sellers pressure DAILY Market taking out buyers overall, psychology is killing all the players which jump out of the Market in every timeframe WEEKLY Market still falling in every timeframe but considering, we gonna see upside movement shortly LEVELS SHORT @ 6519.02 SL @ 6799.06 TP1 @ 6238.00 TP2 @ 6101.51 TP3 @ 5957.47 Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.! Enjoy our limited Free Content and Setups, leave us a like and Comment!! DACAPITAL TRADING
BITSTAMP:BTCUSDShort
by DACapitalTrading
13
BTC - FUD is back in gameI was thinking about the another transfer from Mt. Gox wallet and what it can trigger to the market. Only fear and uncertainty is the answer.. This is a nasty nasty slap for bulls in bad moment. After the long time of these many positive points we have a one big negative on the scene again. Even though, it is just a one of the reasons for swing the mood from bullish enthusiasm to bullish worries. Will it be enough ? Is it just a bad day ? Anyway, we will see.. Here I post my corrective vision. I will update it if I feel like you are interested.
BITFINEX:BTCUSDShort
by tommyelltom
23
VERY IMPORTANT! How to see if a rally is Real or Fake!So many people blame the unpredictable price moves on the whales. (As if the whales aren't investors, too). In lack of better words these people are blaming the unknown for their failure to understand the market's environment. Not to mention spending hours or days over-analyzing a fake rally that is 100% going to deflate So, Dogecoin Shill, what do I do to become a super advanced trading master like you!? Google trends. Go to trends.google.com, type in bitcoin. The bitcoin chart on google trends looks identical to the 1 year chart of bitcoin. As bitcoin's popularity increases, new money comes in and drives up the price. The charts have had one noticeable inconsistency in the last year, which is this recent rally. Bitcoin's price went up 50%, but the popularity stagnated and actually decreased a bit. I took short position at $9k, and tried to post something here at the time but couldn't do it (I'm still figuring out this website) , and I apologize to my followers for that. If you were following me before, I predicted this recent rally in early April when i went long. Leave a like and follow, I do not post on here unless I am extremely confident in my predictions, and if I've already taken the buy or sell position. Peace! -Doge
BITFINEX:BTCUSDEducation
by Dogecoin_Shill
5
BTC: Bear Flag, 200EMA and RSI says DOWN!Been a while since the last update, I've been quite busy although I kept reading stuff here and there. BTC is developing a bear flag BELOW the 200 days EMA. This mainly means we are going down! Stochastic RSI shows a fast invesrion from the overbought area down to zero. Personally I would set a target price around 7200, close to the strong trailing support level highlighted in "pink". As a side note we always need to take into consideration that this market is highly manipulated and almost anything can happen. I'm waiting for a breakout towards the bottom of the bear flag as a trend confirmation. ***As usual, this is not a trading advice.. It is merely my idea for educational and informational purposes only***
BITFINEX:BTCUSDShort
by SteveEnnom