DLavrov

Bitcoin Possible Trades

BITSTAMP:BTCUSD   比特币/美元
We have a possible trading opportunity. Price moves between 2 trend lines which are the signal lines at the same time. If price breaks above the downtrend line, it will be a long opportunity. For up movement we'll need bullish signals from MACD histogram and DMI indicator which must confirm strong up movement. In other way we'll have a good chance to get a fake breakout. Only after such confirmation we can buy above the downtrend line with stop orders below 2580.00. Take-profit orders must be placed at 2900.00 level. If price breaks below the uptrend line with MACD and DMI confirmation, we'll have a sell opportunity. We'll be able to sell below the uptrend line with stop above the local swing high and profit target near 2200.00 level.

P.S. If you think this information can be useful, please, like it and share. Also I will be glad to read your comments )
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@DLavrov Do you think it is confirmed to go up?
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DLavrov EnginSula
@EnginSula, Probably, but look at the size of bullish candle and volume. It can be a short term up movement.
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DanUngureanu EnginSula
@EnginSula, Soon we know... :D
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seems like it will form a triple top pattern and we will see 2300's in 2 days.
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2 weeks ago i thought why this guy is not in top of charts and now you are first, congratulations.
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DLavrov luckyslo
@luckyslo, thank you )
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Your bottom line is not a valid trendline, learn to draw valid trendlines before anything else
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DLavrov kyriediculous
@kyriediculous, I'm sure you are PRO in drawing ) thanks for your interesting comment )
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kazan79 kyriediculous
@kyriediculous, Could you please explain and show an example? That would be really helpful for many of us.
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I'm new here. I have been trading for several weeks also. I have some money to trade BTC, do you think it is a good time to buy? From what level to buy and what to keep. I will be grateful for your response.
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