Bitcoin TA:
The symmetrical triangle since the ATH is still developing.
Sixer
The symmetrical triangle since the ATH is still developing.
Sixer
1
Bitcoin Analysis 22 replies
Bitcoin-Family math and technical analysis 20 replies
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
DislikedBitcoin TA: The symmetrical triangle since the ATH is still developing. Sixer {image} {image}Ignored
Disliked{quote} Btc (h4) my view ... (we are inside the first wave of bull market = 12345) wave 3 (which is composed) ... has begun @ 5685 and it will end @ 21k - 21.5k (TP wave 3) the fifth part of the wave 3 alias 5(3co) is also made up of 5 parts we are inside the third part (which is composed, too) P.S. for the information that the market provides me ... ... the third part of wave 5(3co) should reach 17.89k (unless corrections "ma200" @ 12k: if so the fourth part will start @ 17.25k) {image}Ignored
Disliked{quote} Hi Vitallica, I am another convert to crypto trading after a number of years of fx/options/commodities and the usual standard stuff. I noticed the spread can widen significantly even within peak trading hours. Is this why you don't use stop losses?Ignored
Dislikedtks vitallica. good luck to you, I already cut all my short bitcoin and loss. Currently just hold long usd for long term as i am in red over usd 600kIgnored
DislikedTks vitallixa. I cannot cut as it is too big. So i am holding and hoping for miracle. I myself to be blame to hold long usd. Good luck to all of u.Ignored
Disliked{quote} Yes, I got caught in a spread flex situation early on in my trading journey on the GBPNZD pair, where the spread widened from 23 to 200 in the middle of the London session, the result was a disaster. I expected as you mention that this only occurred during thin markets or market transition times. If you look at the XAUUSD price action today on the release of the US ADP employment data you will see impact on stop losses from spread flex. In terms of the crypto currencies I typically build positions in 10 parts, with each lot opened as the...Ignored
DislikedBitcoin likely to come down hard after this surge. But I've taken profit on the longs, staying at the sideline for now. Happy weekends!Ignored