rejected. HARD. expect more pain. they want YOUR bitcoins. will you let them have them? Bitoin is not going to zero, the guys that have the most interest in saying so do. Long term trade 5 - 10 years, don't worry about it. in the meantime for short term trades i am waiting to see.
going to watch this to see if the bounce rejects, then will scalp a short back to 10k probably
i wish we could tell this thing bye-bye but we still hanging around. Got the bounce off the top of the trend line, but not a strong reaction like i wanted, but ill take it. If we pick up some volume during the day that would be nice.
a confident move past the trendline, long from the consolidation. not looking to close until i see something ugly. Lets do this thing
bitcoin and the trend line. a hold on it or a bump over and a retest, and we are off to the races again
a retest of 10200 with a nice bounce, take the long train to 11300
shorted the confirmation below the trend last night. closed at 10100. if we get a good rejection off of the bottom of my pink trendline i will open a short looking at next support in the lower 9000 s. If we get back on top of the trend line i will think about a lower risk long.
the trend line is from 2011 lows. if it confirms below i will be opening a short to the lower 9000s
i will keep scalping longs off of this trend line until it breaks then i will flip short to the next support and re asses