Giovi6969

Bitcoin: riding the bullish wave + targets

Giovi6969 تم تحديثه   
BITSTAMP:BTCUSD   بتكوين
Hi traders,

Bull trap or not bull trap, it would not be wise not to trade at the moment, especially Alts (this is why i am almost only posting Btc charts, it should lead you the way to your alts decisions).
We are still inside a pullback area, so a pullback is likely to happen.
Adding at the .786 Fibonacci could be a good entry. Can it go lower? Absolutely. A break of 6.800 would indicate a retest of the 6.000 area, and some painful low prices till the summer, with my capitulation target of 3.500$ to be possibly reached.
Add progressively. Use tight stop losses.
You are trading yourself, for yourself.
Here are my targets for this bullish run i was waiting for since the 6.800 area.

Good luck
تعليق:
Finally, we have some normal Rsi.
تعليق:
Idea of a quick Long trade with a good risk reward.
Local bullish flag, resting above smma50. Long to 8.130$
Use the stop loss
أغلقت الصفقة: تم الوصول لوقف الخسارة:
Sometimes you have a pair of Aces, and the possible winning hand creates a small loss that had low probabilities to happen, but it happened.
Poker players gotta love trading Bitcoin.
تعليق:
Ok.
تعليق:
We have a 1 day Doji cs forming.
This could lead to a possible reversal of the previous bullish cs for tomorrow (we could have a bullish day tomorrow).
تعليق:
*previous bearish candlestick* thank you samsung keyboard.
تعليق:
Well. Looks like we can forget about the Doji candle!
تعليق:
We are approaching to the first target of 7.700 as expected previously from the pullback area
تعليق:
It is such a pleasure doing TAs about this market that is so reliable, easy to trade, predictable, full of logical patterns!
Well, how can i say.
I feel like predicting Bitcoin moves right now is completely useless and impossible.
Better having a look at the big picture for now.
It is extremely rare to have such a succession of pump and dumps, there is almost zero healthy natural patterns going on since the short squeeze.
I am sorry if my TAs are not helpful.
Do not short or long Bitcoin anymore for now.
Getting some alts and "shit" coins instead of trading Bitcoin seems to be the wisest move for now.
Stay away from the shorts and longs unless you are absolutely sure of your move.
تعليق:
First target reached
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