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UnknownUnicorn1413254
Mar 11, 2018 10:23 AM

Bitcoin still heading for my target around 7k usd. 

Bitcoin / DollarBitfinex

描述

First of all sorry for the chaotic chart! This post should be seen in relationship with the bigger picture I drawed earlier in my TA below.

评论

I'm still really bearish and aiming for the 6.5 -7.5k range. It looks like a bearish pennant. You can find it at #patterns-continuation nr.1! For know that's my main idea. I become bullish again when we're going above the 9.5k usd. So my advise here.

My main trade is shorting the market. Stop-loss at 9.5k usd. But also an stop-limit order at 9.5k usd, this means if the price hits the 9.500 usd it automatically open a long position!

评论

I expect a small pull back till 9.400 usd. That's the range I'm going to buy in.

Stop-loss at 9.050 usd.

评论

I'm not going to buy- in yet. Missed the big picture in my wave counting. This looks just like an abc-corrective wave!

评论
TheCryptAlpha
eliot wave is such garbge
dcpypt
@TheCryptAlpha, it does work 50% of time ;)
Zakir-Ahmed
CANT SAY ..IF IT BROKE ABOVE 9.3K OR 9.4K THEN BREAKOUT WILL BE CONFIRMED..AND IF ABOVE 1 DAY 200 MA DAY CLOSED BULLS WILL HAVE UPPER HAND AND PRICE WILL GO UP..TQ
Exess17
lol
aburttschell
Broke 9500. Above 200 sms now. Still playing cautious on my end. Thanks for the idea.
aburttschell
200 ema, not sms
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