Buy (long) at any price now Target 11293 Stop Loss at 4280 or your preference. Keeping it simple
Price is back to where it was in July 2018. The price is within an upward moving two trendlines. Look how the angle of the bottom line is more sloped up than the top one. This means, buyers stronger than the seller. The recent bounce and rally came with large volume. It shows buyers are back in the market in every way. This is amazing after such a drop. It shows...
Welcome! Fortune favours the bold. Live long and prosper, #Bitcoin. I have a theory that I can not explain or can show an example. Basically, BTC hits trendline three times before breaking. Above is a 1HR chart of XBTUSD (or you can use that as a guide for $BTCUSD). Notice the three green arrows. And then three red arrows. The three green arrows indicate how...
As expected, $ETHUSD is moving up. The party has just get started. Volume is impressive and appears to have more upside potential. It is printing bullish candles. MACD is printing bullish & building its buyer momentum. OBV Volume with EMAs looks like waiting for a major breakthrough to the upside. It looked similar last time when we had the parabolic move in 2017....
I know the risk reward here is too small. And, most people here are bullish on ETHUSD. If it was so bullish and done deal, then why has it to gone up yet. What is taking so long? To rise or not to rise is the question? I did profit from the rise earlier today. However, my gut says the rise is over. We will see a minor blip downwards as shown on the graph. Yes,...
ETH Long Position for target 300+ Stop Loss as shown
Right now, I see a trend line that if breached downwards might cause pain for BTC price. The price range between 6750-7053 is very strange!. If it breaches below 6750 and in 4 hours time stays below that, I will be a bit skeptical about the bull run. But, the price 7053 is a good point to go long for 11295. The stop loss would be at 6600. $BTCUSD has just...
Right now, I see a trend line that if breached downwards might cause pain for BTC price. I will be look at 6750price . If it breaches that and in 4 hours time stays below that, I will be a bit skeptical of the bull run. But, the price 6762 is a good point to go long for 11295. The stop loss would be at 6600 . On other hand, if price crosses recent high,...
$BTCUSD Stoch RSI, possibly at 2015 pre bull run level, is still not overbought. Last time, in 2015-2017, it lasted 2 years from $300 to $19K. If history is a guide, then this time can we expect similar movement in #bitcoin #bitcoin price has already closed above 50 MA & have printed the golden cross. weekly MACD crossing above the zero line is a clear...
BITMEX:XBTUSD likely will reach 7100 Check my other charts to see how accurate I was or not! Right now, I have a new position after closing the old one.
Broke the triangle. Hence, I went long with Stop Loss 5543 & Target 5900+
Long on XBTUSD for potential 7100
Long Reasons: 1. It has been decided NOT to pursue the re-org approach 2. The drop in price did not sustain. Instead, buyers came back. Every drop has been bought back. 3. The overall momentum is bullish 4 It tried to breach 6000. If broken, expecting 6167 then target 7118. 5. One after another we have bad news. But, bitcoin still stands back up. Reasons for...
Reasons for me going long 1. It has been decided NOT to pursue the re-org approach 2. The drop in price did not sustain. Instead, buyers came back. And, the price stabilizing now. 3. Other than what happened today, until yesterday the price was bullish 4 It is at the top of the trend-line and trying to break. Once broken, the jump should be massive towards target...
This is completly going against the trend. Shorting the market at this point with stop loss at 6100 and potential large target The thing is TD indicator is signaling red. And I wonder why. Every other indicator signaling green.
Sorry. But Bitcoin potentially going down. Don't blame me Trump said some stupid stuff. The potential large short holders are building and are in. The winter not gone yet. Likely to test 4190 if it turns really bearish.
Will there be Another 300+ USD gain in about 12 days? The trend line is shown. I am running a minor long position.
No If. No But Target as shown. target 4257 Stop loss almost near to recent high Opened a massive short. Liquidation at recent high as shown 5435. Is bitfinex insolvent? Did they really lose $850 million and tried to cover up the tracks by misdeeds? If so, they will be responsible for the #bitcoin drop in price just like #MtGox was. Is this a repeat of...