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Thread: Bitcoin technical analysis

  1. #101
    What is the chance BTC matches the gap around $8300 before resuming?

  2. #102
    Quote Originally Posted by ;
    quote beholdpicture
    or even at all, wait to open positions during the pullback. In, add positions during the pullback... bulls have been in town
    allow me to see if I could be a long term trader for the first time. disclaimer

  3. #103
    I mentioned a bullish gartley pattern in my last article. So this is it.

  4. #104

  5. #105
    Quote Originally Posted by ;
    I notice something anomalous ... (both in the Elliott count and in the trendline breaks) (But it is my feeling ...) Abnormal because I'd have anticipated a 5th one (of 3rd composed : 12345=1st wave) ... ... faster ( ... and rather is below ma200 = h4 timeframe) Abnormal because in the rest of trendlines there is a pullback ... ... overly pushed along with the next break is a trendline probably upward (usually downwards) It would make me think of a AbC correction (we would be inside b waves) however ... that the 12345 count = 1st wave is also anomalous ... P.S....
    Btc (D)

    the news is that ...
    inside the primary wave ...

    it might be the fifth person (@9189)(TP 21.4k) if the ...
    ... scale will be over 47 percent (to be confirmed)

    it's a good idea to wait for the trendline break


    P.S.
    (see also post 104,
    Is Bitcoin going to crash?)

  6. #106
    Now buing, target 14000. Yesterday little guys were shot from behind on stocks, when they purchased at 18000-20000. Contract expired, they had to pay. Now big boys dont want price to go to 5000, because individuals will quit this market. They also picked a big positions this week of longs. Now like in current BTC history will probably be grothw, and quite steap

  7. #107
    Quote Originally Posted by ;
    it's bleeding bad now, falling below 10,000 I think there is lots of dread on account of the crypto currency ban and maybe the speculative bubble has popped
    since I said, and folks above - it is temporary, it is cease search, it is futures expire!!!!

    The men and women who bought futures 16000 now cover the....nose

    Relax.
    Nothing has changed

  8. #108
    How they can relax, some folks put around 500 000 borrowed money, others put economies...

  9. #109
    My TE is almost in green now after I changed my focus to the bitcoin mania a couple of days back. I almost wiped out it because of USDJPY bad entries, but the good thing is bitcoin actually follows chart patterns. Let's see if it will touched a new ATH in a couple more days.

  10. #110
    Another bull trap? Price retreated from top 11.8k to under 11k again. Terrible week for me entire, hoping the best for others, enjoy the weekends!

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