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botje11
2018年4月5日下午1點19分

Bitcoin extra update chart, worth showing :) 看空

Bitcoin / U.S. dollarBitstamp

描述

I have shown this similar price action in my other analysis. This is just a zoom in of that.

This the yellow area from the primary chart, 13 March. We had the same failed H&S, than the drop to 6780 (this chart from 9400 to 9100) where we made that flag. We probably completed the drop, so we could be going sideways for half a day now, so we should be in the green area now.
Ideally price stays below the 6900 with a max of 7100!!. So according to this picture we should be going for another drop to break the 6400.

It's all just based on this, not exact science and 100% reliable.

I have closed my short position which i opened at 6800. Expecting to see a sideways day. Price should stay below the 7000, if so i will build up a short position from the 6900 to 7000 with a stop around 7120.

For more info, look up my other analysis here below



評論
alexcph
Glad i got that long in from 6670. Im such a countertrend trader. I hate myself.
botje11
@alexcph, You gambler :) Countertrend always has more, just adjust the size to the risk
Beemaster
BitcoinSector
fract
short when crosses below red line
justforex
120 point stop??? on a pair that carries 75 - 100 piip spread? H1 sneeze and you out...?

botje11
@justforex, What, don't know which exchange you trade on, but Bitfinex has spreads of $0.1, when it gets volatile it jumps up to from 2 to 10 Dollars.
justforex
@botje11, Many thanks.
Casey7485
deeply agree
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