Wave-Trader
Panjang

BTCUSD Watch trend line for bounce off again

BITSTAMP:BTCUSD   Bitcoin / Dolar
Hi fellows watch Trend line for bounce off again. If price hold the trend line look for buy again close to trend line . In case price do not hold trend and breakdown then let the price come close to the 3600 area and then look for buy again Thats gonna be nice buy opportunity to go long again. I am looking for 6000 area before any big crash on Bitcoin . Good Luck fellows.
Komen: Here is the lower time frame watch it for one more wave down and then look for buy close to trend line
Komen: Watch trend line fellows.
Komen: Watch trend line now
Komen: It is still bearish watch price action before any buy.
Komen: Price is running below the Trend line. Those fellows are not sure about the price action juts look at this example fellows. We need this kind of price behaviour before any buy on this pair. https://www.tradingview.com/x/GY6YPqMx/s...
Komen:
Komen: We may see another wave down in the channel if so then watch bottom for bounce off.
Komen: same Structure and pattern like the previous one Watch for breakout if do not break up then buy at bottom
Komen: Watch for continuation fellows. If do not continue then but at bottom again.
Komen: Watch bottom for long
Any update? :)
Balas
Very good bro, it's like you conduct the BTC movement :P This is one of the best analysis for the last days. Keep up the good work!Thanks.
Balas
thank you!
Balas
Have you considered shorting the bounces? You don't see the huge divergence on the MACD on the daily chart? It's huge. Looks like trend has reversed here. Always consider the other side of the trade and looking at the graph upside-down. Have to keep an open mind.
Balas
Agreed
Balas
Thanks for your chart, Tom
Balas
Clean, congrats!

and with a zoom in (COINBASE) i would suggest:

Balas
trend breaking looks like - thanks for your chart friend
+1 Balas
love your accuracy! Thanks for sharing!
+1 Balas
I really like your charts and ideas. Clean and simple and oftentimes very accurate! Also the telegram channel is awesome! What I am missing sometimes is some more hints for entry points, targets and stops. As a rookie I'm oftentimes not sure what you mean by "watch for price action" -like, when is it ok, to enter a trade
+1 Balas
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