So someone who represented 30% of all positions on #Bitfinex closed his 21k BTC short position. So expect volatility soon, I’m betting on down. Caused by long positions taking profit. Wouldn’t be surprised if 10k will break this week.
Woke up to this massive $eth candle on the daily chart. Great way to end this week! Took some profit and riding the rest. Let’s see if we break up even more on the weekly close. Looks like a rounded bottom. I’m covering more around the yellow and red ema. Buying back on retest.
This week looked quite good for $BTC. The pumps were strong with high volume. Let’s see if it can break the red 200 ema on 4h and continue for a bit. Or else I see a short term retrace to the 0.382 (most likely) or even to the 0.618 fib. Could make a good bounce off them!
Good Guy #crypto is helping us a bit with our family Christmas dinner next week! You can shove this in the face of your beloved “I told you so” gang. Kind of a good day in a bear market. With #eos leading the fomo, +25%. #btc#xrp#eth#xlm#ltc#shortit
Almost one year ago (12/17/2017) we hit the 20k ath on $BTC! A lot has changed since. Markets constantly change, try to anticipate it. We’re probably close to a bottom. Don’t wait and try to catch it if you want to enter soon, you’ll probably miss it!
Closed my short, don’t want to leave it open overnight. In this market I want to stay in control and monitor my trades. Quick scalp and nice profit! Also notice the hidden bull div on the price vs stoch (blue).
Let’s see where #bitcoin is heading. Both bears & bulls are defending this level hard. Going to set breakout orders on both sides of this triangle with tight stops (in case of a fake out). But I’m more #bearish biased than #bullish for now unfortunately. Stay safe in this market!
Great way to wake up while checking the price of #bitcoin. That’s quite the candle, 5.8k still the bottom as predicted. Let’s see how it holds and if it will hold these levels.
There are actually three missed daily pivot points in a row on the #bitcoin chart. That’s really #bullish for now. We’ll probably see another big move soonish. I’m leaning towards a pump. But the longer is takes, the more I’ll shift towards a (small) retracement.
We finally did it! What a great breakthrough and as I expected #bitcoin pumped hard after breaking 6.8k. Got to love those big candles in #crypto land! Let's see were we're heading now. Another missed pivot on the daily, more #bullish upward movement coming?! Let's see.
That was a great move on #btc today. A strong bounce from the 6.2k region which could indicate that the bottom is in. First we have to see if 6.8k will break. If not we could fall back down, so be careful! But if it does go through, we'll break the long term #crypto bear trend!
Resistance at 6.8k is a tough one and $btc dropped a bit again. Probably going to retest the bottom at around 6k - 5.8k. There is some good support at these levels. But if the price doesn't touch 6415 today, I might even #short it. For now, let's hope it holds and bounces!
