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Bitcoin technical analysis

  • #4,661
  • Dec 28, 2016 1:52am Dec 28, 2016 1:52am
Quoting stylinex
{quote} Do you now of any good Forex sites for trading Bitcoin? I was told that Zcash and Qtum are next. Are there any margin traded ones like on Forex that you know of?
I've traded with BTCe with no problems for about 3 yrs. I would stick to bitcoin though. All the others have proved to be pump n dump overnight wonders.
venzen may know more about them & any other platforms.
Combat crazy markets with crazy trading
  • #4,662
  • Dec 28, 2016 10:15am Dec 28, 2016 10:15am
Quoting CrazyOz
{quote} I've traded with BTCe with no problems for about 3 yrs. I would stick to bitcoin though. All the others have proved to be pump n dump overnight wonders. venzen may know more about them & any other platforms.
Thanks

Figured 1000 was possible but did not think 1200 would be a next target set for 2017

http://m.investing.com/news/forex-news/bitcoin-prices-rally-past-$960;-next-stop-$1,000-450161
  • #4,663
  • Dec 28, 2016 8:22pm Dec 28, 2016 8:22pm
Quoting stylinex
{quote} Thanks Figured 1000 was possible but did not think 1200 would be a next target set for 2017 http://m.investing.com/news/forex-news/bitcoin-prices-rally-past-$960;-next-stop-$1,000-450161
Very strong resistance at 1050. Expect a rebound there before the attack on 1200.
Combat crazy markets with crazy trading
  • #4,664
  • Dec 28, 2016 8:34pm Dec 28, 2016 8:34pm
Quoting CrazyOz
{quote} Very strong resistance at 1050. Expect a rebound there before the attack on 1200.
There will be a large number of punters taking profit around that level. Including myself. So a big drop can be expected.
Combat crazy markets with crazy trading
  • #4,665
  • Dec 29, 2016 1:49am Dec 29, 2016 1:49am
Quoting CrazyOz
{quote} "ava good one mate. Just stoked up my bitcoin wallet. 1st time in 43 weeks. Taking ages to update. Gunna cash in at $1000. Then ride the bugga back down again.
...Good luck Sir. I wish the best this coming 2017, the best for you and your family Sir. Happy new Year to you and to all here.....Venzen the same for you sir. thanks for this thread and your guidance Sir.
The Chonchy
  • #4,666
  • Jan 1, 2017 7:19am Jan 1, 2017 7:19am
Happy New Year to all. May your TA be accurate, your method disciplined, and your profits bigger in 2017 than ever before!

Excuse me while I hibernate bitcoin and trade other instruments
cryptocurrency everytime
  • #4,667
  • Jan 1, 2017 7:40pm Jan 1, 2017 7:40pm
Looks like 1000 is here today
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  • #4,668
  • Jan 4, 2017 12:14am Jan 4, 2017 12:14am
Zcash possibly next to run. Now at $51.83

https://www.coingecko.com/en/price_charts/zcash/usd
  • #4,669
  • Jan 4, 2017 11:42am Jan 4, 2017 11:42am
Crazy run this week
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  • #4,670
  • Jan 4, 2017 12:24pm Jan 4, 2017 12:24pm
This rally is bigger than my boner. BTC is on course to blow past gold.
Money = Labour coupons
  • #4,671
  • Jan 4, 2017 1:31pm Jan 4, 2017 1:31pm
Quoting TMR
This rally is bigger than my boner. BTC is on course to blow past gold.
BTC overdosed on VIAGRA
  • #4,672
  • Jan 6, 2017 4:51pm Jan 6, 2017 4:51pm
Quoting stylinex
{quote} BTC overdosed on VIAGRA
What happened??
Did you run out of Viagra??? ÂQuite annoying guy.
Oops.
Â
Now, this drop, was it speculation? Â
Can it go to $1500 next? Any Chinese problems? Â
Beware of robber banks (RB), bad advisors.
  • #4,673
  • Jan 7, 2017 12:44am Jan 7, 2017 12:44am
Quoting Not-KPMG
{quote} What happened?? Did you run out of Viagra??? Quite annoying guy. Oops. Now, this drop, was it speculation? Can it go to $1500 next? Any Chinese problems?
I suppose the Viagra wore off lol.. It ran from around 660 to 1140+ within 2 months or so, so profit taking and a pullback seem quite possible. If we go under 740 then I would start to worry. As of now trend is still up and in tact until we go below where this lady Bull run starred off at
  • #4,674
  • Edited 8:42am Jan 7, 2017 8:25am | Edited 8:42am
Quoting stylinex
{quote} I suppose the Viagra wore off lol..
It ran from around 660 to 1140+ within 2 months or so, so profit taking and a pullback seem quite possible. If we go under 740 then I would start to worry. As of now trend is still up and in tact until we go below where this lady Bull run starred off at
Â
Hmmm.
I took some looking into this. Not just technically. There's more stuff going on....
Â
IMHO the future looks bright.
Â
I looked far back, to actual trend start. i see it started at $237 then 577.
So we can expect about 700.That will be perfect to buy. I say 720-800 is buying range.
Ideas?
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Beware of robber banks (RB), bad advisors.
  • #4,675
  • Jan 7, 2017 8:50am Jan 7, 2017 8:50am
Quoting andoseg2
{quote} {quote} Update : New SL level. Stylinex, I don't know if it will hit $800 . If the price maintain momentum then we rise the SL even more , if our SL is hit, then we get stoped out with profit and a correction could take place. How deep it will be, can't say. The next trouble area for bulls would be $970-$990 zone. Until there, it is possible to have minor correction but I have doubts it will turn back @ $800 {image}
 
Good charts all of you. 800 likely.
 
Quoting CrazyOz
{quote} Steroids indeed. Wave 4 0f 5 was over in a flash. 1050 bitstamp.....950 BTCe. to finish this ride.
 
Good drop.  Let's wait and see.
 
Quoting 21vs7
{quote} what is your view on BTC in general? I read ECBs review few years back. sceptical shjit. Still making % there eh
 
Since when ECB knows or gives....shjit
I'd buy few in few days.
Beware of robber banks (RB), bad advisors.
  • #4,676
  • Jan 7, 2017 8:52am Jan 7, 2017 8:52am
Havent traded bitcoin but would like to give a try, who knows!
  • #4,677
  • Jan 8, 2017 12:45am Jan 8, 2017 12:45am
Quoting Not-KPMG
{quote} Hmmm. I took some looking into this. Not just technically. There's more stuff going on.... IMHO the future looks bright. I looked far back, to actual trend start. i see it started at $237 then 577. So we can expect about 700.That will be perfect to buy. I say 720-800 is buying range. Ideas? {image}
As of now 70-800 is buying range. If we get back down there again. Trend is up although we could see some pullbacks
  • #4,678
  • Jan 8, 2017 1:33am Jan 8, 2017 1:33am
Quoting stylinex
{quote} As of now 70-800 is buying range. If we get back down there again. Trend is up although we could see some pullbacks
Hope so
I have a trading account in bitcoin.
  • #4,679
  • Jan 8, 2017 1:55am Jan 8, 2017 1:55am
Quoting stylinex
{quote} As of now 70-800 is buying range. If we get back down there again. Trend is up although we could see some pullbacks
No hurry.
An ABC could take it down to 450..?? To early to gauge yet.
Combat crazy markets with crazy trading
  • #4,680
  • Jan 9, 2017 2:50am Jan 9, 2017 2:50am
Yep. Reaction @ $990 as expected. A lot of traders sold bitcoin at this level . A deep correction till $745 can take place and then it is possible to see increasing demand again . The Higher High made this Month signify strong demand is still on the market . If that's the truth then we should see a Higher Low developing starting in the Spring of 2017.

If the bullish trend renew and exceed 1010$ we could assist at a true phenomenon. I imagine already all parrots from talking on TV's about BITCOIN.
Money moves the market, not an indicator.
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