Would you short this opportunity. With the risk to enter a lil bit higher >60k? Or let it sink and loose 50% of your portfolio again?
Opened the longs some time ago. The channel development and the uprising trend makes it obviously that BAND in going 35+$ soon.
I think it should retest upside of the triangle. Good luck.
It's free money anyway, but nah. You decide how much do you get in the end. Good luck ppl.
Everything is shown out here. Make your bets. Or wait for confirmation.
Will be waiting for a retest of the trending line. If it works it works, if it doesn't - will be waiting for next entry.
I will be shorting resistance. Might go to 10-11k, anything further is change of pattern. Take care. Will be longing all the way 2500-1200.
Too many down-trending arrows, not to take this scenario into consideration. Levels for shorting are obvious. Take care, have fun and don't forget your SL guys. If BTC surpasses 7500 without rejection, will be looking to short it in 7900-8000 area.
Lets make a winning one this time. I hope the trend hold at least for LTF.
Feeling bearish around 9565, and super-bearish around 9800. If we break and close above both of this resistances, it's Game Over for bears for the next 12-24 months.
I hope we don't see a fake breakout wick of the ponzi scam to 10000. If we get to 966x I'm shorting on LTF. Anyway, this year seems to be bullish, like super-bullish.
Would love to see this.9200 seems to be a nice support zone, after it flipped. Tight SL because of lev. TP a lil bit lower than the ascending resistance trend-line. R:R is pretty nice, so it should work well. My only concern is the RSI on all time frames. Yeah, yeah, gaps, I know
Last time BTC, after braking the resistance downtrend line, found it's first resistance several times at the daily 200 SMA. Could be the same scenario. In the end the "ponzi" is cyclic :)
You can make money anyway. Just follow the trend. Trend is your friend. Not sure about the bottom 5900, 5100, 4900, maybe, worst case 4100. Good luck guys , see you in may on halving.
Take care and put your SL in place. HF and GL guys.
Green reversal candle at the bottom isn't smth new. I would expect a short-term reversal before 5800-6000, up to 7400-7700-7900-8100-8400(best scenario), anywhere below 50MA.
Don't forget your SL guys! Let the trend be on your side.
The correlation between pumps and dumps is obvious. I would go trying to use this rule. There were some exceptions (see with red X), but with a stop loss, you should be fine, and in great profits in the end, after few trades.