but after some correction of course, not after FOMO:). Days 27-28 or even 29.07 should give some corrective waves (even to around 7500$), if the new top will not be formed today or tommorow.
Not a trading advice!
Dagangan aktif
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Long@7827
Komen
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Still no upmove (to target around 9000 or higher) and no downmove to activate my SL. Patience is the key with such market.
Dagangan ditutup: hentian tercapai
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SL activated in my entry point
Komen
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My bulish stance is weakned after H&S @rsi on daily chart:
Komen
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pending buy order@ 7610
Komen
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If You have possibility to buy (on localbitcoins or elswere) from someone with some discount (7400$ or lower) it is a good idea for now, if price will break 7475@ 1h chart You have low probability of loss and can close trade without bigger loss. This is not a trading advice however!
Komen
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I have now collected in this manner around 0.5btc (and want to have finally around 1btc) @ 7370 and hope for some bump in the next few days, but there are some risks too with this trade as always;) My pending order @ 7610 is valid for me until i collect around 1btc (on market or outside of market, however on market no more than 0.25btc @ 7610).
Komen
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I have now 1btc for around 7400 (all from localbitcoins) so my pending order @7610 is removed. I am curious if bump is possible, will be watching;)
Komen
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And market decided to go lower, now is signal to close bad entry. I of course will sell this 1btc on localbitcoins with even small profit, but when You trade only on exchange You will probably have now a loss. Waiting for another one entry point or signal from ermanometry.
Komen
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I will try of course to rebuy this 1BTC with discount @localbitcoins (@7000$), there is some possibility that today ermanometric dip will occur (divergence 1h RSI12 shows growing divergence).
Komen
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I got now 1btc for around 7000$ (outside of regular exchange) and will sell it if i get signal on 1h chart that drop will continue to establish new divergence point, or wil hold it if it was a final dip on 1h chart. The situation of seeking that dip can last for me until tommorow. After that deadline i will review my bullish stance here.
Komen
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I observe now some upmove, that is good, but will be better if 7300 mark stays untouched in terms of 1h chart.
Dagangan ditutup secara manual
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All longs should be closed now (@7250)!
Komen
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Sadly astrology was right, las decade of July gave us here top and slide from it.
Komen
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Despite on astrology, one last try was made by me today to get the bitcoins. I had purchaced with price around 6800$ (localbitcoins), so this discount give me possibility to close with no or small loss if another one wave down will occur. But it should not occur today or tomorow. Market will judge this try from my side. I hold now 1.1BTC, there should be some correction of this bearish move (maybe 7400$ area). But bearish market is very hard, so i dont even suggest that You should try to copy my moves.
Komen
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My target for now is 7400 (to sell Bitcoin buyed OTC @6800)
Komen
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I quit this game, probably now when i close market will do some bump, but i am without loss, so in downtrend it looks like success. But it's bitter success. I choose to go to vacation, from trading too and will be look at BTC now very rare. Maybe autumn will be better for play.
Have a good holiday, away from all the bears and bulls. Keep us posted!
orminlange
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Thanks, i wish u good luck too, and will be posting even from vacation if some intresting point will be shown on chart;)
cryptohumanity
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Hi the Bitcoin stars are not shining so bright. Do you see some light coming or are we approaching total darkness?
orminlange
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@cryptohumanity, Personally i dont really know. I think that Goldman Sachs and this kind of market manipulators know. My impression is however (from last words produced by this manipulators in medias) that they want provoke deep downside moove, they wish to collect Bitcoin and other promissing cryptos as cheap as possible. They have tools to do that. And yes, this sounds like dark, bitter future. But i cant be sure for 100% that theirs plan succeed. For now only patience is the key, and if You or other people have Bitcoins, should keep them (so called HODL) - i believe that in further future in bigger perspective (few years) Bitcoin will be worth to do that. Many of younger cryptos too, but i cant guaratee which of this "blue chips" will be the winners. So there is hope for growth - only this big manipulators- like Goldman Sachs - must let Bitcoin/Cryptos to shine.
cryptohumanity
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@orminlange, thanks for replying. Does your astrology book shed some light on what will be the bottom of this downtrend and as such would be a good entry point!
@cryptohumanity, Or inf other simply words - it is not good time to play longs for lonterm, only can try speculative in very shortterm with low risk reward ratio. I choose to seek opportunity to buy Bitcoins cheaper @localbitcoins and if market will go much more down, i will have probably small or no loss. Buing now in exchanges is now bad idea - only selling there if we have profit or we need to cut bad trade.
orminlange
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@cryptohumanity, Unfortunataly astrology readings (made by my friend) are mixed and can lead to mistakes. From ermanometry today and maybe tomorrow is the last day when some correction up should start. But this looks not like the point to start new bubble (some leg up to 10000 even is imaginable, but this depens from market makers/manipulators, and they showed that expensive Bitcoin is not in their plans for now. I think/feel that point like this (to accumulate cheap BTC) should occur in autumn - much under 5800-6000 dip. But 100% i will be never of course;)