TO BATTLE! A thousand nations of the Bagholder empire descend upon you. Their arrows will blot out the moon. Bull: "But the bulls have shown us how strong they are. Since the 6th feb the 15 minutes RSI has not dropped below 30 (29 ok...) A SINGLE TIME! We broke the downtrend we're out of the correction going to the moon" Warrior trader counterargument "See that...
Let me know when this simple channel breaks. Otherwise, seems like bear trend takes us back to at least 3k before turning around. Not financial advice; do your own research; I'm a plebian; etc
Shorts went parabolic at the bottom... obvious move to squeeze them a bit.
While heavily drunk I flipped a coin for directions, picked price ranges from a random number generator website and went all in with this month's welfare payment at 100x on Bitmex. As a wise old 50 cent the grey once said "Get rich or get liquidated tryin'"
Plus 500 Stock - Short. ( London Stock Exchange listed) Careful as this is an AIM share and carries a higher risk than normal financial instruments due to low market-cap and (I believe) lower liquidity (more volatility- this is dangerous-) Why go short? Because European legislation is lowering down Leveraging capabilities for Traders from 300:1 buying power to...
Bears are scared. Bitcoin just formed a HL on the Daily Chart. This is it. The downtrend is over. No more easy pickings from here on out. Could be bullish now or not but it's certainly not worth shorting now. Any bears at this point are honestly begging for it.
Instead of manipulated BTC chart I take look of USDT/BTC chart which is exact reverse of it. Both MACD and RSI shows hidden bullish divergence and stochRSI makes a double bottom as you can see on 1D chart. I am bullish ... on USDT. Target and timeline will be incorrect, this is just a food for tought. Don't forget to take some profits, since it's altseason...
Rising wedge. BTCUSD Longs increasing but BTCUSD Shorts are nowhere to be seen. I believe, they will pile up together to cause a massive dump around $8,500. Whatever the case, this thing could crash hard this weekend and a lot of people are going to get rekt like yesterday's shorts. This one could be called "Revenge of the Bears".
Wow, trading in crypto currencies is a lot like being in the trenches during a war. Speaking from personal experience you can spend endless hours in the dark and the quiet when nothing is happening and suddenly BOOM it's all in your face. Just as in warfare, some of you may need to check the condition of you shorts after things go boom. I never trade on margin...
This is how it's done, objectively, not just copying fractal patterns like many do. I see this as a clear bear market, we just got started, so, don't HODL like fools and get ready to short rallies. Best of luck, Ivan Labrie.
Hello, I believe I have found the support level for IOST. Happy trading!
Shakespeare is Satoshi reincarnated. not many people realize the relevance of his prose in the crypto sphere. To go long on margin or to not long on margin, that is the question: Whether 'tis nobler in the mind to suffer The slings and arrows of outrageous rekt on margin, Or to take Arms against a Sea of whales And by hodling end them What is Shakespeare...