Bitcoin Trade Points for Sunday Trades
Update: Bitfinex Feed 12:27gmt/07:27est
Bitcoin is really trying to break the downtrend here - a bear
engulfing green ...can buy or add once it's broken through to
upside if we see it.
It's tracking a narrow corridor/band of uncertainty right now,
trying to figure out he next move - cannot be trusted for sure
as a result ...
Bitcoin: BTCUSD Next Trade Points Saturday
Yesterday's price action has created another bear flag,
smaller in scale than the one sitting above it, but so far quite
simailar. It looks to be better defined than the last one which
hopefully will create a signal worth trading off when it
comes...
The overall pattern is still bearish so the break, when it
comes, ...
Bitcoin Futures BTC1! CME Near Date
The futures chart is showing some of the clearest trend lines
at moment so is worth a look. Price action yesterday has not
helped the bull cause.
The chart shows Bitcoin is still in a very precarious state.
Yesterday's fencing battle with thrusts upwards and spikes
down was by turns dreary and stultifying and mixed with ...
Bitcoin Bitstamp Feed
Still making a pretty consolidation pattern so far - we can
only really buy again now once the upper parallel has been
broken on upside - but day traders are risking buying these
lows and helping to prop it up here with stops just below for
small loss if they are wrong...if they are it triggers a reverse
short for them back to 10879 ...
Sitting beneath a strong resistance line, going to wait for a confirmation of a reversal then enter a short to just above the 0.5 level at 1.32838, it may continue past that but will lock profit at that level and ride it further down.
