Short. But tight stop due to possible breakout.
This looks like it's topping out and definitely won't be surprised to see a retest to 370 again. Overall long but expecting retest as shown by the pink arrow I added. As you can see price is still making lower highs/lower lows on this 1H chart.
It returned to the 370ish area quite faster than I anticipated (shorted because a huge move up from 347 to the top of the triangle typically calls for like a 50% retracement). Going long here, and will go long if it drops a bit more because we recently just rebounded from 348, and we're not too far from that again. If we do go lower it'll be even better to long...
Looking for a small-ish bounce now. If there isn't, I'm out (pce). The only reason I'm buying is because $380 has been hit a lot as both a low and high. So it's a pivot point potentially. It could easily drop to $370 and slightly below minutes after I post this though. I'd buy @ 370 if we get there to look for a bounce as well. I don't think the market is very...
Long term is bullish. However, I am looking at the possibilities first before adding to longs. I closed most of my longs here because it's very possible for us to drop to another support level before high 2600s. I would accumulate if we get a drop to the bottom of our red channel (2320ish) or if we retest our support at 2250 (buy larger amounts of coins here for...
This could happen :p See previous idea for $480 target
History repeats itself EDIT - Should say I expect this to happen within this week, maybe <3 days... By 15th Update 3 hrs after posting - Price is currently 426 (43x-440 futures). Be prepared and whatever. Sell on overextensions if you like trading a lot. But overall target is still 480
Looks like another wave of selling will happen if we break this green line. Expectation is 32.10 CNY due to Fibonacci as well as previous resistance.
1.1 was an important price point that acted both as support and resistance on this chart. A break below this level leads us to expect 1.09693~.
Expecting down here, currently below cloud. No reason to long here in my opinion.
Could face down soon due to ichimoku cloud and red trend line. Targeting 29.8 CNY.
Closed 1/2 to 1/3 of my long position 636 to 643, long about 50-70 coins right now but only a few on margin. I think coins will hit 644+ again. Coins in mid 630s wouldn't be bad for pick-up. Still long on btc, leveraging btc for btc. My BFX margin position as usual: i.imgur.com
Will be interesting to log my results here, will post imgur links to what my positions look like. Was out all day, and only sold some coins @ 647~ from preexisting orders I had. I had some buy orders before I left as well. Buy orders also filled at support levels previously predicted. I think BTC will drop to the range predicted on the chart. The drop could be...