fxtraderanthony

fxtraderanthony

This was risky, went short Bitcoin here based on momentum heading south. This could turn either way though, high risk. Im 55% bearish, 45% bullish in the short term here.. Not financial advice.

fxtraderanthony

This to me is a no trade zone, although I have to admit I did set up buy orders in this green range below the .618 fib level and now orders filled. Waiting on a signal to either unload if it heads south, or hold if it breaks to the up-side. Waiting game. Seriously, anyone who can successfully trade in this crazy unpredictable crypto space right now would make a...

fxtraderanthony

I'll be looking for a long position $INGN around this zone at 200 EMA. Not financial advice.

fxtraderanthony

I figure this cant go too wrong going off the 55 EMA and given the bullish directional bias on a 1d Im good to go.. Price could retrace to the 200 EMA but it seems to be holding support off the 55 EMA. If I was margin trading I wouldn't do it but happy to enter here with usable capital. Not financial advice.

fxtraderanthony

ABMD testing resistance here, I decided to maintain my position, following the price with a trailing stop loss. This could rally on up.. or it could retrace, who knows!? I'll be watching this one closely with phone alerts. Bullish overall. Not financial advice.

fxtraderanthony

Waiting to see if we get more momentum with AMZN to the up-side. Price could retrace or range a little and continue up. If it retraces and takes out my trailing s/l, then so be it, as its all profit from here. Not financial advice.

fxtraderanthony

Pulled the pin IONIS and will wait for an optimal re-entry. Decision based on price testing resistance, bearish divergence and a 19% gain is pretty nice. I'll re-visit at the bottom of the channel.

fxtraderanthony

GOOG bullish directional bias overall has my interest. Entered long off the .618 and again at .5 fib levels and will see how price holds above the 100 and 50 day EMA's. Target around $1240-$1250 resistance levels.

fxtraderanthony

Heres my update/take on Bitcoin right now.. we have some heavy resistance levels to get through and I would think a great opportunity to short at some stage soon given Bitcoins past reputation. Its a waiting game from here, price could range a little and then head either way, but ultimately its the bears who seem to be dominating and dumping just when fomo Fred...

fxtraderanthony Updated 

Bitcoin finding support. I've decided to re-enter here with a stop loss under previous support based on indicators showing oversold and we have stalled at this level. Price testing .618 fib levels is my preferred buy-in given we have some higher lows recently. Bearish argument also due to lower highs. There's always an element of risk, market could drop further...

fxtraderanthony Updated 

Based on Bitcoin being overbought, bearish divergence, re-testing resistance, shorts stacking up right now Im good to take a shot at shorting this. Looking for a bounce back off lower fibs or even a dump, who knows. For all I know, smart money might just be wicking down to liquidate before a rally up.. I'll ride this one out and see what happens. Not financial advice.

fxtraderanthony Updated 

This chart helps confirm my decision to layer in shorts between the current price and up to the top of the kumo cloud. Of course I could be wrong and price soars to great heights or doesn't even meet the mark.. all good. Off to bed.

fxtraderanthony

$BTC overbought, hitting resistance with bearish divergence.. Its a game of probability or odds, and from what I can see the odds are favoring a pullback here given the fact that Bitcoin is stalling at this price level. Indicators showing bearish divergence with lower highs as price giving higher highs. My shorts triggered and now I'm sitting back waiting for an...

fxtraderanthony

This set-up is fairly probable if #Bitcoin manages to push through to this next resistance level. I've layered in shorts all the way up. Other possibilities are A) $BTC goes on a ridiculous parabolic bull run and everyone on twitter and youtube start screaming moon and lambo (if not already) or B) price action doesn't quite pick up steam and drops off here. See...

fxtraderanthony

Here we are again, #Bitcoin at a critical level testing resistance. Do we consolidate a little and dump or do we break resistance to the upside.. there's an argument for both bulls and bears as always. My sense is this is leaning toward a possible short opportunity, although we really dont know yet. Its a waiting game, watching to see how volume and price action...

fxtraderanthony

Here's my market analysis for $BTC at this moment.. in a nutshell: price consolidating, testing some resistance, I'm anticipating a little more consolidation. 2 possibilities... maybe a move to upside before dropping or just a dip from where it is right now. Signals are not strong enough for me to enter a short right here, and if it does happen to drop from here...

fxtraderanthony Updated 

$BTC I've decided to layer in some shorts on this red candle here and see where it takes me.

fxtraderanthony

$BTC still consolidating. Im expecting #Bitcoin to either drop from where it is or even spike to the .5 or .618 fib levels before another move to the downside. The market is dominated by bears with price action consistently making lower highs (since December) as we can see clearly on the 1d. Each leg up has been a struggle and getting weaker as time goes on....