m5b11

m5b11 Updated 

Breaking the 300 daily MA - next level of support is the 500 daily MA ... global recession is looking more and more likely. Goodluck

m5b11 Updated 

Hello Friends, Looking at the dow and we can see many of the signs that suggest we are on the brink of a massive market correction... Im looking for re-trace towards the 20000 range based on moving averages and fib retracement.. God speed, there is plenty of downside coming... bears are waking up...

m5b11 Updated 

Hi Friends. Trade Setup: After a quick period of consolidation after the "tether" noise. It looks like my friend Bitcoin is about to move higher. Despite the tether issue on bitfinex, Bitcoin has refused to drop lower as "bulls" have come in around the 6380-6400 range to buy up the coins. Bears are losing some control here and today have lost the short term...

m5b11 Updated 

Hey Friends. After Breaking out of the bearish wedge. Bitcoin has (for me) moved from neutral to buy. Basis, MACD & Squeeze Momentum Oscillator are both showing clear Bullish Divergence and Bullish Crossovers. In addition, over the last 2 months Bitcoin has successfully made sequential higher lows. Fundamentally, Bitcoin is moving to closer and closer...

m5b11 Updated 

Very easy short position. Target - 6300.

m5b11 Updated 

Hello Friends. As you can see there an ascending triangle is developing on the 4h window. Historically these break to the upside at about 66% of the way. Option 1: Trading strategy --> If we see an upside break out, I will enter into a long BUT I will WAIT for re-test @ Breakout (@6500) Targets: @ Long term resistance... It is however conceivable that given...