TylerWayne

TylerWayne

I want to be bullish but BTC looks to be having a little trouble pushing through the $7270 Level. BTC is also pretty over bought. I could see us heading back down a little but gonna wait tell I see a strong push through this resistance. Whats everyone else's thoughts? THIS IS NOT TRADING ADVICE

TylerWayne

STORJ has been extremely true to this channel so far and expect a bounce off the bottom trend line before heading back up. Taking a long position here after I recognize the bounce. Whats everyone else's thoughts? This is not trading advice

TylerWayne Updated 

Going to be staying short on BTC/USD until it breaks out of this downward channel and starts a new trend. Whats everyones thoughts on this? THIS IS NOT TRADING ADVICE

TylerWayne

looking at the 12 hr BTC chart it looks like we may be forming a head and shoulders pattern which would indicate we are heading down. Any one else see it or whats does everything think the weekend looks like for BTC/USD? THIS IS NOT TRADING ADVICE

TylerWayne

Looks like we may be looking for a bullish reversal coming up soon. I'm thinking we bounce off the 5700$ support level and go up from there. What's everyone else's thoughts? THIS IS NOT TRADING ADVICE

TylerWayne Updated 

I have been looking for a good entry point on a long position for the day. What are everyones thoughts are we going up or down? Looks kinda indecisive right now. Would love to get input. THIS IS NOT TRADING ADVICE

TylerWayne Updated 

Looks like we could be forming a head and shoulders? What do you think? THIS IS NOT TRADING ADVICE

TylerWayne

Earlier I said it looks like a possible head and shoulders could be forming. The price ran up a little higher than what I charted but still has not penetrated out of the Ichimoku cloud. Possibility is still there for the head and shoulders formation. Lets see how it plays out. I'm using this for my own learning purposes and is in no way trading advice. However I...

TylerWayne

If we can't get some momentum and push through the 5700$ level I think we will head back down. Thoughts? THIS IS NOT TRADING ADVICE

TylerWayne

I will probably start to nibble in this area if it breaks the red resistance level. Lets see what happens