Clear view on BTC vol.3

BITFINEX:BTCUSD   Bitcoin / Dollar
This time We have huge chance for bounce. As the time flew We have better picture here.
Finally proper additive volume appeared.
Chart explains everything. Bitcoin $13.500.
I will stream,answer and help.
Kommentar: Fractals gonna fractal.
Buyback at $9000

Kommentar: Buyback, refill.
Kommentar: If You are confused about yellow line, You can check my previous idea with explanation, on 4hr time frame we have local situation that have influence on current price action. Neckline was local resistance, broken twice in both ways. Second one gave us clear sign, that price is bottoming out.
Kommentar: Sometimes it's hard to predict the bottom, but there it is:

Trade ist aktiv: entry call.

Kommentar: should the price stick to neckline. In other case stop needs to trigger
Kommentar: still retesting

Kommentar: target $11.000

Kommentar: up

Kommentar: There is no reaction, We don't know for sure if yellow neckline has been declined

Trade ist aktiv: BTC breakthrough. Target 12.400

Kommentar: Succesful breakthrough takes us to safer place on this market. This time We need to track meeting with higher wing of bull flag.
Pure uptrend

Trade ist aktiv: Atleast meeting with red line is expected

Trade ist aktiv: Situation has quickly solved, there is caution zone. We have to let it go for a while, no trade there. White lines are possible scenario of bullflag and inverted H&S completion that could lead us to atleast $18.000

Kommentar: SMA 50 resisting the price.
Next week will tell a lot
Trade geschlossen: Ziel wurde erreicht: This was succesful trade, We will take profit there

i will set up new idea on BTC
So where now?

pinfkloyd BankBoy
Read carefully last update. "No trade there" That means We are waiting for proper signals before entry. Note,that I opened trade at 8800 then called core entry near 8100. If You are about to make action, this is good time to sell 1% of Your BTC giving a chance to Yourself that We will experience pullback.
Point is, some players will long inverted H&S and some will expect another leg down to lower flag wing. You can't predict future there, all You can do is wait for opportunity.
I hope I got clear with my statement, keep Your investments safe.
BankBoy pinfkloyd
@pinfkloyd, thx
pinfkloyd BankBoy
@BankBoy, no problem, take a step into my fresh statement on BTC
thanks, awesome insight here
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden