No i am only try to thrive in a beer market and only do some smale scoops when i feel i got good cards, but the trade is not done yet so i am sveting
You get your main income as a day trader or you have a normal job as well?
I am a mechanic but i been learning trading and study history for some times. So i am still a greenhorn and most of my trading have been with no cryptos or fiat, but my results have been good so i am slowly turning in with som cryptos. I have a limit max of 5% from my wife
Me personally invest and trade as a hobby and i was kinda right it Will probably dip down a little bit before pushing back higher up again
BTC looking good to me (last candle seems to form a “hammer” and before that is a three white knights(also bullish) pattern).
Current pattern looks bullish to me.
However there is still huge sellwalls on gdax(coinbase) So this could still play out both ways.
ETN doesnt care much. And keeps on fueling the rocket
I would rather buy now than wait for a breakout though, since pump and dumps are everywhere at the moment.
The bull in me hopes to trade in the blue and green channel i put up. The beer say 6000$ range, but there is a heavy resistant line at 6250$ range.
The bull rang i put in the same angle as the last time the bulls made thyr apparent fighting the beers. It can be more flat and we are entering a consolidating range due to low trading volume.
The news from NASDC about Bakkt is huge for institutional money and is forecasted to launch in November. There is no indicators that reacted on that news so i want pop the champagne before i got some confirmation that the bulls are back in town.
A) the break out area
B) 70% chans to happen
C) If we trade the 2 trend lines i put up to the end of the month i believe in c
D) we must be above to set a higher low as a confirmation that the bulls are rumbling on the steps towards the town.
we must also set a higher high in a daily time frame to say we have a trend reversal, or on the weekly chart.
I am a greenhorn in trading and are learning so don’t trade on what i wright, discuss it
I agree @B.F.A i kinda see it go like that also i think C is the one that would convince me the most at our current standing of bitcoin
I notice a little increase in volume, so if we trade sideways up to sept 21 guessing for a small break up. any break before that could be down. i change my opinion in a few hours. Happy days
i believe that is a reaction to XRP news
I agree @M-Kid bitcoin is slowly still moving a Tiny bit up but i think if there might happen something now and it breaks it support then it could fall hard
i heard a million pounds worth of BTC got moved on to an exchange from an ‘old’ wallet and that’s causing some jitters. - PURE hearsay which I didn’t investigate further mind you. -EDIT - its 193 million, see link below.
Yup @higltypig that is happening to they say it could be an old wallet of someone from silkroad
I am all out of BTC because i believe BTC can be the big financial crash of cryptos some day, and i got more believes in ETN when i compare the possible return. It is just my gut feeling.
me too, although i hold a little credits too because they’re doing crazy amazing things.
Is this the bears going for the 5850 mark? and breaking my trend line! yesterday i was giving the bears 70% chance for a win. Bulls need to show up at once or this is going down. I will come back with more after some more study because this can be ugly.
I can’t find any tradable option, but i believe we will trade in the marek path. I call it 50/50 up or down based on the picture 2 and 3
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the light green path i think we will follow up to the time we get a more clear indicator.
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this picture tells me that the bears are still hungry and want to fight. Huge amount of shorts.
- The US dollar Index. Dollar up-BTC Down. Dollar Down - BTC up. This is DXY are normally in front of the BTC in time and indicate the coming Bull or bear market, and becoming more and more significant for BTC. This is not absolute but an indicator. So what i can see is a change from bear to bull, but i don’t know if it is today, tomorrow or next week, but we can see the bulls are coming. If the DXY hits the white line i believe last years bull race will be a bump in the road. If that is the start of the race, the race will start october 8, at least that is my result after the measurements i done. Don’t act discuss, i am not giving advise i am training Happy Days
There we go:
Trade done. Stay in or sell. Or better put a manual stop loss to save profits and ride the waves.
The dollar index are shown a trend reversal, i believe we are getting closer and closer a BTC trend change.
The more we get to October the more signs are there for a turn around
i agree, the signs are popping up, also there are some altcoins that can trigger the bull run this year