Bitcoin short term important levels

16. Juni 2017

It will have to decide. Was it a correction ABC or ABCDE correction.

18. Juni 2017

Anmerkung

Expertly denied by the previous uptrend line. I suspect testing of the lower green cloud before continuation towards ATH.

19. Juni 2017

Trade ist aktiv

For now everything according to plan.

20. Juni 2017

Trade ist aktiv

Today India decided BTC is official legal, pushed it to next trend line.

22. Juni 2017

Trade ist aktiv

Bounced right of the channel.

24. Juni 2017

Anmerkung

If purple channel fails I would be able to say that we are out of bull trend.

26. Juni 2017

Trade geschlossen: Stop wurde erreicht

My blue line held. If breaks, channel line next.

28. Juni 2017

Anmerkung

This triangle is make it or brake it. Technically price action reminds of a typical 4th wave, which means we are still to see new highs.
Fundamentally, BTC should top out at the end of next month.

30. Juni 2017

Anmerkung

30. Juni 2017

Anmerkung

I would say bull has 66% chance and bear 33% chance. Big vertical red line is SegWit activation. Big risk where you should be out of long positions.

3. Juli 2017

Trade ist aktiv

Have my long in since (E).
Lots of stop losses from bears on 2595. If we break 2600 we go moon.

11. Juli 2017

Trade geschlossen: Stop wurde erreicht

Closed long yesterday when it was obvious that we were in a bull trap.

2200 seems like a good support to hit