AlamoZ28
Panjang

BTC USDT (Poloniex)

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Examining the BTC             Daily chart provides a good point from which to establish our next short-term long position, and gives us good perspective on the overall BTC             trend. While we are currently bearish we have enjoyed fantastic price action maintaining a consistent 550.00 dollar range, bouncing well at key fib levels allowing for fantastic short-term long gains. These fibonacci points provide us with our next estimated buy zone (.618). While we have passed through our daily Bollinger bands we must also keep in mind that only the most aggressive trend has corrected thus far, so we must continue to keep stop losses set as tightly as you are comfortable with, as the natural correction could take us to the long term uptrend lines marked, and trader uncertainty born of the fast approaching changes (SEGWIT, BIP148 etc etc) could also lead to rapid decline in value.

If we approach the top of the established channel, those who trade on leverage may take the opportunity to examine the currency pairs which most closely mimicked BTC             price action in order to determine short entry points. If that situation should come about I will be watching STR             ( btc             ) and ETH( btc             ) very closely.

Good luck to all!
Komen: Though my time was off, my value estimate was dead on. From here we should expect some fairly unobstructed slippage back into the bottom of the channel.
we kinda broke resistance what now? @AlamoZ28
Balas
AlamoZ28 billal.razame
@billal.razame, Expect correction. This is very unnatural movement, not sustainable. I'd take profit if you're trading fiat pairs, as a hard spike is usually followed by a hard fall.
Balas
Do you still stand by this chart or are we going to the moon? @AlamoZ28
Balas
AlamoZ28 billal.razame
@billal.razame, Daily RSI did indicate that a strong buy cycle would take place, as for the specific answer, the top of the channel is the next obstacle. If we break out there, we could very well be back under way.
Balas
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Laman Utama Pengimbas Saham Pengimbas Forex Pengimbas Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar