Demetriostrades

Demetriostrades

We just pulled back to the channel bottom but will we see a bounce back up or is it time for a pullback? 4 hour RSI supports the latter. We also just brushed RSI resistance on the daily which was also rejected. A pullback is a normal healthy phase if this is indeed a recovery. My entry signal will be a resumption of positive momentum after the rebound. In the...

Demetriostrades Updated 

Bitcoin retesting the top of the wedge along with the psychological resistance at 7000. I'm beginning to get that bear feeling though. That one that tells me longs are getting trapped and it's time for a party.. A bear party... I think we'll see a short move up. Just enough to entice the most fomo prone among us (if there are any left) and then we'll see a move...

Demetriostrades

I asked bitcoin where she was going and she said down down down.. I asked her why and she said because we're not there yet. I asked her how soon and she said soon. So I opened a short position. Target: 6300 Stop loss: the moon.

Demetriostrades Updated 

Bitcoin doing a fakeout to trap bears. But there is still a fifth wave up. Good opportunity to buy the dip. Planning on holding this for several hours to several days. Or until my stop loss or target is hit. Target: 7562, 7760 SL: 6850

Demetriostrades Updated 

Bitcoin fake double bottom at 7550 Entering short Target: 7125 SL: 7650

Demetriostrades Updated 

Just entered a long and short position simultaneously at 7935. I'll close the first one when my target is hit. Then I'll wait for the other one to pullback to my entry price. Win win. Got any other cool scalping strategies? Let me know in the comments.

Demetriostrades Updated 

Bitcoin is at the top of the channel at the 7950 level at the moment. There's just not enough momentum I don't think for it to go much higher. I count 5 elliot waves so we should see another impulse wave soon. Before this I think it will consolidate around 7750 and 7600. Lately I've just been shorting bull trap after bull trap. I expect bearishness to continue....

Demetriostrades Updated 

Well bitcoin is still struggling along giving an emotional rollercoaster to retail traders everywhere. Despite the recent bounce in price I see further downside. (All this drama is too good for the MM's to pass up). Btc just put in an evening star candle formation right on top of the channel line which also happens to be the .618 retracement of the previous move....

Demetriostrades Updated 

Blocktix has been showing signs of starting to wake up. It is currently in an upward channel and approaching resistance levels. A sound strategy would be to buy the breakout and holdon for the ride. First take profit area: .0001200 Satoshis level. As always trading carries risks and you should always exercise due diligence. This is not intended as financial...

Demetriostrades Updated 

Things aren't quite perking up for btc today. Here are three possible trades.. (for profit targets use the next entry level down or a percentage gain that is equal to your risk.)

Demetriostrades Updated 

Aurora coin AURBTC is reaching the bottom of the channel signaling a possible buying opportunity. Smart thing to do would be wait for confirmation near the 0.0001950 level. Or you could do like me and try and scalp several bounces as this coin has done in the past. While everything seems to be tanking auroracoin is doing fine. I see an opportunity. Let's make this...

Demetriostrades Updated 

Cofound.it just spiked and pulled back to the lows. often these coins will spike several times in a row. Now is an opportunity to get in so I opened the trade. Let's see if history will repeat itself. Stop loss and take profit level indicated on chart. Good luck.

Demetriostrades Updated 

Dope coin just popped and pulled back. Will it pop again? Here is my open trade. Profit levels and stop indicated on chart. As always, good luck.

Demetriostrades

Btc continuing its shake out of weak hands and is now bouncing off the critical support zone. Don't panic! If we see a bounce off this level which we might great! If not take a break. Go play golf or something...

Demetriostrades

Btc looking good and may have bottomed out for another run toward the top. Targets are the fib levels on the way to 17000. You can set profit targets at any of those levels you feel are relevant. e.g. 16000, 17000 etc. Remember the btc train never waits.. Get on for the ride and if it goes down. fear not. hold on tight.