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Bitcoin trading calls

  • #901
  • May 16, 2026 4:32pm May 16, 2026 4:32pm
Quoting Zappa
{quote} I don't trade it either, but I do look at it for more clues as to what BTC will do. It follows BTC, and it aint going to drop hard if BTC isn't leading the way
I noticed that the chart is sporting a bear flag like bitcoin's chart. It's bear flag is cleaner though. Can't post the chart now.
If you think you can or cannot do it you are correct
  • #902
  • May 16, 2026 5:39pm May 16, 2026 5:39pm
I think on next sell-off (assuming there is one) a good target would be 76k (75850 to be exact, but might miss the fill). Could see a bounce there back to 77600. From there it would resume downwards for the bigger move (assuming I'm right about any of this )
  • #903
  • May 16, 2026 5:50pm May 16, 2026 5:50pm
Quoting Olu
{quote} I noticed that the chart is sporting a bear flag like bitcoin's chart. It's bear flag is cleaner though. Can't post the chart now.
Yes, almost picture perfect
  • #904
  • May 16, 2026 9:18pm May 16, 2026 9:18pm
and we were safely heading to 90k when we suddenly drop to 77600 and there is a chance we may drop to 74500
  • #905
  • May 17, 2026 5:17am May 17, 2026 5:17am
still the market is bullish ?? anyone kindly answer thiz
  • #906
  • May 17, 2026 5:31am May 17, 2026 5:31am
Taking too long for bears. I TP, but undecided about next move.
  • #907
  • May 17, 2026 6:40am May 17, 2026 6:40am
Happy weekend $BTC traders!

Long @ 78090$ looks like some buying pressure will see where this goes.
... the True North, Strong and Free
  • #908
  • May 17, 2026 7:24am May 17, 2026 7:24am
hey need a help im a 18y old trader need advice from you if you are a successful trader
  • #909
  • May 17, 2026 11:05am May 17, 2026 11:05am
What im thinking at the moment
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  • #910
  • May 17, 2026 11:28am May 17, 2026 11:28am
Closed long in profit, just scalping a bit today, small profits add up.
Was thinking we'd see something more significant today but so far just range.

For the week ahead... who knows? I don't want to be 'bull blind' there could come the big pullback you've all been talking about. Who is to say. The goal will be to not miss the big move when it comes either way.
... the True North, Strong and Free
  • #911
  • May 17, 2026 12:13pm May 17, 2026 12:13pm
Just watching right now.
So much battle in the support line/ledge.
Looking for that 75k area though
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If you think you can or cannot do it you are correct
  • #912
  • Edited 4:07pm May 17, 2026 3:51pm | Edited 4:07pm
hey guys just back from the better country in the world (for me)
i see that wee hit my first rebond target 77 700 hope that wee hit the 75 area of the yellow tl but already closed half of short.
d'ont really know where to put my sl at the moment for the rest for the moment at 81100 but in this case I give back quite a bit to the market.
hope you doing all well.
edit: just fully closed.
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I won't give up.
  • #913
  • May 17, 2026 4:43pm May 17, 2026 4:43pm
Quoting MaGiix
hey guys just back from the better country in the world (for me) i see that wee hit my first rebond target 77 700 hope that wee hit the 75 area of the yellow tl but already closed half of short. don't really know where to put my sl at the moment for the rest for the moment at 81100 but in this case I give back quite a bit to the market. hope you doing all well. edit: just fully closed. {image}
Hi MaGiix,
Well done on your trade.
Taking money from this instrument is always a good thing.
Market is showing some early strength off the support area.
Time will tell whether this is a fakeout upmove.
I feel we are going down but not too sure about the journey.
RSI is helpful for the upside on this 4h chart.
I will wait and see how the stock markets open
A bearish stock market is good for downside idea
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If you think you can or cannot do it you are correct
  • #914
  • May 17, 2026 5:17pm May 17, 2026 5:17pm
Quoting Olu
{quote} Hi MaGiix, Well done on your trade. Taking money from this instrument is always a good thing. Market is showing some early strength off the support area. Time will tell whether this is a fakeout upmove. I feel we are going down but not too sure about the journey. RSI is helpful for the upside on this 4h chart. I will wait and see how the stock markets open A bearish stock market is good for downside idea {image}
thanks Olu, absolutely.
yeah i see that! little key level for direction, im bearish too.
thank you for the rsi I hadn't noticed, I'll try to use it more often.
ok I see I will try to do the same, just to take the temperature.
I won't give up.
  • #915
  • May 17, 2026 5:44pm May 17, 2026 5:44pm
I just went long
  • #916
  • May 17, 2026 6:37pm May 17, 2026 6:37pm
Quoting Zappa
I just went long
Hi Zappa,
Hope you had a great weekend
I am still mixed. Bitcoin rose. The stock market opened up and then fell. And now bitcoin is down.
Price is bang on support and indeed you have picked a great buy spot if this support is going to hold.
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If you think you can or cannot do it you are correct
  • #917
  • May 17, 2026 6:44pm May 17, 2026 6:44pm
ETH is behaving more cleanly
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If you think you can or cannot do it you are correct
  • #918
  • May 17, 2026 6:56pm May 17, 2026 6:56pm
Quoting Olu
{quote} Hi Zappa, Hope you had a great weekend I am still mixed. Bitcoin rose. The stock market opened up and then fell. And now bitcoin is down. Price is bang on support and indeed you have picked a great buy spot if this support is going to hold. {image}
Thanks, got a stop at 74900. Could sense some volatility coming. Had to keep eyes glued to chart (and still do) in case im wrong. Want to get out before stopped if I think its inevitable.
  • #919
  • May 17, 2026 7:01pm May 17, 2026 7:01pm
That downward spike looked like a "puke" moment., where stops are triggered and a big reversal occurs. Needs to hold i think

Could be a big move up if it does
  • #920
  • May 17, 2026 7:24pm May 17, 2026 7:24pm
I have just taken a small short
EDIT: If price takes out the breakdown area I am out
If you think you can or cannot do it you are correct
25 traders viewing now, 4 are registered:
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lostingoyard