BTCUSD/BTCCNY: Intermediate term trend signal
Updated
This chart presents trend signals for 8 Bitcoin exchanges, using the daily chart.
If price were to move to the entries on chart before the daily close, it'll be a very high probability trade, considering the recent failure to move up, more than once, and the increased volume present on the profile distribution.
Good luck if taking any of these trades, and remember to check out my private group information.
See my twitter page for more info on how to join: ivan_labrie (first tweet).
Cheers,
Ivan Labrie
P.S.: The long term outlook won't change unless price moves under 1548 in Okcoin, keep that in mind, so I will be going long in a separate account as well. I'll update the chart after the daily close.
If price were to move to the entries on chart before the daily close, it'll be a very high probability trade, considering the recent failure to move up, more than once, and the increased volume present on the profile distribution.
Good luck if taking any of these trades, and remember to check out my private group information.
See my twitter page for more info on how to join: ivan_labrie (first tweet).
Cheers,
Ivan Labrie
P.S.: The long term outlook won't change unless price moves under 1548 in Okcoin, keep that in mind, so I will be going long in a separate account as well. I'll update the chart after the daily close.
Trade active
Note
Downtrend started. Pay close attention to it.Note
Break even stop and partial tp.Trade closed manually
Note
Downtrend signal failed, we have a buy signal now.
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ivanlabrie.substack.com/
ivanlabrie.substack.com/
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