Long
Bounce time soon.
Get your bids ready. Bottoming tonight. Will keep this updated as the market unfolds.
Already bought 10% @$2000, will continue to add below $1750. My targets are at 16xx on GDAX. Charting BTC-e because it's the cleanest looking at the moment.
Should be good for a 50% bounce from wherever the bottom is. If 1650 is bottom, 2200-2400 should be a reasonable zone for a bounce.
Already bought 10% @$2000, will continue to add below $1750. My targets are at 16xx on GDAX. Charting BTC-e because it's the cleanest looking at the moment.
Should be good for a 50% bounce from wherever the bottom is. If 1650 is bottom, 2200-2400 should be a reasonable zone for a bounce.
Note
Man BTC-e is just in freefall. Dumping irrelevant to the other exchanges. Will make this interesting. Tons of bids @ 1700 through 1800 on Finex and Stamp.
Trade active
Start adding slowly.Trade active
Strong bounce here wow. Finex supported the market. I'm staggered.Trade active
50% long now. Potential bounce brewing... btc-e is strong. BTCUSDT on Polo bottomed HARD.
Finex and Stamp didn't capitulate like I hoped... bids at 17xx remain unfilled sadly.
Will see how this resolves over the next hour.
Trade active
Wee, slowly climbing. Hopefully this is should be it. 1800 too well defended by aforementioned walls on finex\stamp... Sad them and gdax didn't capitulate like BTC-e did. Oh well. Still got 60% long before it took off.
Hopeful resolution to original 2200-2400 target. Will take much time to get there.
Note
Trendline resistance and horizontal structure @ 2160 on GDAX... Selling a little bit infront of this to reduce risk and protect stop. Note
Got out near the top for a portion; stop @ 1950 for the rest. Letting this ride. Hopefully we don't rejoin the bear trend and capitulate to my original targets.Cheers and good luck all.
Note
This is the washout resolution I was waiting for with this idea... but the plunge protection teams on most of the exchanges was too strong. Only BTC-e and Polo USDT caved in.Trade closed: target reached
Starting to scale out into strength.Trade closed: target reached
Sold the last of it infront of $2300.Fully closed out of that dip buy. Chop chop begins... and onward to $2550 or something stupid I'm sure we're gonna go
Note
Can confirm, we went to $2550. lul, forever selling early. #weakhands.
Note
RIP BTC-PutinYou gave excellent signals and shall be missed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.