The Reversal is hereJust opened a new short position at 7900 USD.
If you can readily see, things might happen again. All "good" things come in threes.
Bitcoin is a big pump-and-dump scheme. In my humble opinion cryptocurrencies are frauds. A social phenomenon based on the enthusiasm for a new technology. Lot of people make profit out of the transaction fees and ICOs. Bitcoin defies traditional currency and economic models, which is actually the problem of Bitcoin.
You should always invest only what you can afford to loose!
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Shorting
IXIC/Nasdaq100 shorting opportunityHere we have IXIC closing above Fib Guppy and Tenkan, showing strength and upward momentum to be expected.
there is a heavy resistance at 7.6k that if not broken will signal lower lows for the month--will will be a great short opportunity.
weekly close within or below fib guppy will signal downward continuation with Tenkan and kijun sitting at 7.3k and 6.9k as possible retested supports.
For now, Waiting for new weekly open will be advised.
@AresTrade
BTC will break $5000 this year and new target will be $3000As I predicted in past that Bitcoin will fall from 9700 but it started its fall at 9950 now seeing this move have given its plan away. According to our prediction in the past, we said that we will see $5000 before $11000 but now we have made changes to that and now we are predicting bitcoin will see 3000 at the lowest this year before 12000....
now let the time speak for itself !!!!!!!!!! GOOD LUCK TO EVERYONE AND HAPPY TRADING
Lets do this one more time! The Shorting Squeeze returns!You can see that we went through a 'mini' downtrend. You would expect that people would learn from the previous super squeeze but once again the point where people start opening most shorts is after this 'mini downtrend' is completed.
With the price remaining static for already few hours and what looks to be a 'Trolling' rising wedge forming there is a good chance that the people shorting are going to fuel the pump straight through this resistance. As you can see the shorters are rising rapidly.
I'm not sure how big the effect is going to be this time but for sure it would create a big green stick.
Please remmember that this is just a scenario. Do your own research, humans make mistakes.
Goodluck,
VIncent
Lumber reached a peak..was it obvious what will happen next?Lumber has reached a peak, after weeks of flirting with all time high territory.
Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 2) ---> +14%As an extension to my previous post, I'm continuing to trade CEXIO:BTCUSD using:
90-hour Moving Average
Basic Candles Techniques
Current Price and Volume
RSI
To clarify, I am long-term bullish about CEXIO:BTCUSD but am looking to profit off of the waves that we're seeing now. My goal is not to identify the ultimate peak and the ultimate valley, but trade on strong indicators. This method has strongly outperformed the simple buy-and-sell as long as you are able to maintain some composure and trade only once when the MA crosses the price a bunch of times in a short period of time (see yesterday for what I mean).
Short-term, I'm short on CEXIO:BTCUSD because the price dropped well below the MA yesterday. Check my previous analysis, I exited my position and am holding fiat in preparation to buy back in.
I'll be keeping a running tally of trades that I recommend and tracking actual returns! So far, here are the trades following this strategy (sell rounded down to the nearest hundred to account for fees):
Trades by Segment:
Segment 1
02/26/2018 - BUY $10,000
03/05/2018 - SELL $11,400
TBD - BUY TBD
Beginning ($): $10,000
Ending ($): $11,400
ROI ($): 11.4%
Beginning (BTC): 1.00
Ending (BTC): TBD
ROI (BTC): TBD
Segment Duration: TBD
This cryptocoin will go back to normal because it's a jokeDogecoin was literally created as a joke. Before the January dip doge was worth over 1.000.000.000 dollar! Cryptocoins are in a bubble right now. This is a nobrainer imo. Once people realise doge is not worth almost 1 billion dollar this coin will drop >80%. The question is not if it will crash but when. Only problem is, you can't short dogecoin long term. So it's not possible to capitalise on this idea. There are no futures on this coin. If i could i would buy long dated puts. Don't know how low this can go in the near term. It depends how the cryptocoin market behaves. Most coins are heavily correlated to each other.
BTC correction short termIm trading for 2 weeks now.. not big profits. no losses so far.
Started 'hodling' with everybody else i guess late 2017 ( but maybe i'm one of those guys that really got interested)
so fuck hodling.. now i'm ready to go parcour with the big boys!
shout out if you like this one.
also. how do i get points?
Does someone know something or is the tree being shaken?This is a chart of the amount of shorts that are opened on Bitfinex exchange and you could see that in the last few days there have been
a lot of shorts opened on BTC. Seems a bit funny that we get all the FUD recently and then today's news about a subpoena being issued
to Bitfinex but not (today's news) it was issued last month on Dec 6th. BTC has been holding the 10k level for 2 weeks now and if the 10k level
does not break now then these shorts are going to get flushed out and that will take BTC up to 14kto16K. The shorts have reached the same level
they reached back on Nov 6th of 2017 which was right before the surge to the upside so we may see the same reaction here!