People have been selling off on the climb.. The question is wether the suckers will continue to buy or more will sell. There is divergence as evidence of this happening. Does new buyers come in and make Bitcoin surge to the moon or are we in for a healthy BIG correction of selling, taking home profits? I would suggest the latter, the risk is too high not to take...
Check out Bitcoin in Korean Won. It has already broken through those all time highs. Unless this breakout fails and it crashes back through support, that is a very bullish sign for Bitcoin in USD. Korea is always ahead of the USD market in Europe and the States, so this is certainly a strong tailwind that adds further momentum to our thesis that Bitcoin will...
Short-term buy..... look for the price to bounce of the support line
If bitcoin goes on a bull run in anticipation of segwit activation mid to late august, expect a price of around $3950 at top of channel. #btcusd
Sell now for short profit.... Wait for Long position when price drops to 2700-2800....
Double green coming very soon now. thanks
In this trade that I opened on the 2nd of July I have a target Price of 2,900 BTC. Entered at the price of 2,500 with a Stop Loss of 6%, 2,350. I put this stop because is where the price could touch the low end of the Bollinger band. With a target price of 2,900. This is kind a risk and speculative move and if it does not brake the upper line of the triangle I...
I took a sell trade over a month ago This setup may seem crazy and unrealistic but i truly believe take profit will be hit by the end of 2016 Reasons behind this many reasons which i will not go into but if anyone would like to no why contact me i have no issues with explaining :) 8000 pips here we come
This is actually a hard call because those that have followed me for a while know how much much i love my Triangles, which were very reliable in 2014, not as much in 2015. Statistically a Descending Triangle should break to the downside 2/3 rds of the time, but as we saw in late June, there was additional support via 50-day SMA to make the triangle break out to...