


I am building a short term Long position here. This is a risky trade due to the fact I do not believe we are completely out of the woods yet. My take profit target is 9k staggered up to 10k. BITSTAMP:BTCUSD I am setting my stop loss slightly below 6k. I see a possible entry here that out performs the risk ratio. I am watching the 6 hour Kijun-sen (Base Line) &...
I am looking for a bottom on BITFINEX:BTCUSD at 8500-8800, 78.6 Fib level. (Yellow Box) This will transpire over the next few days with plenty of fake bounces.
I am watching this hourly Tenkan-sen (Conversion Line in orange) if we bounce off of here properly I will be opening a short term leverage long with a take profit at the Kijun-sen (Base Line in pink). Momentum indicators and volume show me the inputs I need to see for a short term bounce. BITSTAMP:BTCUSD If we do not hold then I will use the downward break...
I will be placing buys for a leverage long position to add on to some of my previous positions. I have staggered orders throughout the pink box shown above, ($14,000-$14,750) BITFINEX:BTCUSD My stop loss is set at the bottom of the hourly below the Ichimoku Cloud Senkou Span ($13,200) 1 Hour Bitfinex with indicators BITFINEX:BTCUSD 4 Hour Bitfinex ...
I am filling my positions throughout this area with stops set at $10,900, this is Bitfinex BITFINEX:BTCUSD so adjust your own markets as I do accordingly. Use proper risk management always, I set my stops and don't touch them once price action begins , if the stop hits and then rebounds I don't FOMO, I simply relax and look for my next entry. 4 hour ...
LTC BITFINEX:LTCUSD is looking like a breakout is coming BUT we need another leg down to complete the D-E within the triangle. This analysis is marked Long because I simply see this as a buy setup. Hourly LTC BITFINEX:LTCUSD RSI matches our A-D so far throughout the triangle on all time frames which is one of the biggest mistakes traders miscalculate...
Seeing some small divergences on the OBV, MACD, and RSI the last push on the Bitstamp BITSTAMP:BTCUSD and Bitfinex BITFINEX:BTCUSD 15 minute. TD count shows a exhaustion cycle coming to an end soon on the 15 minute but exhaustion cycles have been unreliable on ₿TC lately. Hourly and and higher time frames don't show the divergence but do show that a cool down...
Volume is being held on the buy side, but I do see it weakening fast, I am watching for a possible drop down to low $17k BITFINEX:BTCUSD area then a continuation upwards, Volume has been declining throughout the exchanges but Bitcoin has a habit of kicking it into gear when everyone least expects it. A drop here to mentioned levels is not that out of the...
As I have said previously in my last few ideas on trading view. Still ₿ullish overall. Simple as that. BITFINEX:BTCUSD
LTC/USD PAIR BITFINEX:LTCUSD wicked off of the first fib level, completely normal in my opinion. The Chalkin Money Flow (SURPRISE SURPRISE volume indicator :D) showed a decrease in buying pressure as the price moved up, creating a 100% predictable cool down and pull back. I don't expect LTC to come down too far before stabilizing. If the volume picks back up,...
Prior Trend dating back more than 2 years was broken when we broke 10k early, a new one is forming, this current one showing in the main idea could just as easily be broken because I like to see a solid pattern play out before charting a new Parabolic.
This is not a call or idea, BUT If you follow me on twitter you know I like to celebrate ₿Itcoin milestones, I believe we will look back at this time in wonder on why we were so stressed, just posting this to say I am already planning my $25,000 per ₿Itcoin celebration for new years. :) I like to enjoy this life so I suggest you do to.
We appear to be gearing up for another run. There is some larger time frame areas to keep in mind that show some overbought areas but our lower time frames have led the way lately. Bitfinex 15 minute indicators BITFINEX:BTCUSD Bitstamp Hourly shows some accumulation in this level on the volume profile. BITSTAMP:BTCUSD The Daily Tom Demark...
This is a short term play I am watching for good entry, I will either add to the long I have been riding the last 24 hours or close it and pull open a short once either of the levels listed below cross. ₿itcoin BITFINEX:BTCUSD is very Bullish but as a day trader I ride multiple positions daily based on its movements. Riding a Bullish position has been one of...
The green with the blue fill is ₿itcoin's live price, The dark pink is BCH's dollar value and light pink being BCH/₿TC ratio. I watch this price action closely so I can spot divergences on BCH's next rally, they generally track in the opposite direction ₿TC is dominating but when BCH is building up for a rally the price action begins to diverge prematurely...
Daily trend is at its peak on Bitstamp, BITSTAMP:BTCUSD however, Bitfinex BITFINEX:BTCUSD i s on a different wavelength. Resistance is met on Bitfinex from the top of what I like to call the awakening of Wall Street. ($1,800-$4,400) But as Bitfinex showed last night, they just don't care. It is going to be an interesting 24 hours. For now, my...
This is a running thread for ₿itcoin BITFINEX:BTCUSD updates and thoughts. The idea here is marked as long until we are out of a Bull market, then the trade will be marked as "closed". Shown above the Weekly Tom Demark Sequential shows we are at a 8 count on the trend cycle, the close of that candle happens tomorrow. Regardless of the bearish divergences seen...
This is a running thread for ₿itcoin BITFINEX:BTCUSD updates and thoughts. The idea here is marked as long until we are out of a Bull market, then the trade will be marked as "closed". Weekly Tom Demark Sequential shows we are at a 8 count on the trend cycle, the close of that candle happens tomorrow. Regardless of the bearish divergences seen at $7,900 levels...