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Trading Bitcoin with Trend lines and S/R

  • #81
  • Sep 11, 2019 3:54pm Sep 11, 2019 3:54pm
Quoting YellowFellow
Awaiting decisive direction for BitCoin..
Not seeing much decisiveness beyond Monday's drop. Since then, trading in a general range.
  • #82
  • Sep 12, 2019 1:38am Sep 12, 2019 1:38am
Quoting vanillaice
{quote} It looks like we're nearing the end of this consolidation period so I'm keeping positions tight until we see a direction. This thing is not looking great on a longer time frame, but we'll have to wait and see.
Right, even I'm on sidelines.. until I can see a direction..

that said, PA on weekends is very interesting..
Meditate -> Workout -> Good Food = Good Life!
  • #83
  • Sep 12, 2019 1:40am Sep 12, 2019 1:40am
Quoting cityRat
Thanks...{quote} Other than BTC/USD I've been trading ETH/BTC because it's at crazy lows and shorting it has been profitable.
I meant other than cryptos..

Right now, I'm strongly in favour of selling US/MX, its off topic though..

PS: see my TE for SL etc..

Trade Safe!
Meditate -> Workout -> Good Food = Good Life!
  • #84
  • Sep 12, 2019 1:53am Sep 12, 2019 1:53am
Quoting MarkGman
{quote} Not seeing much decisiveness beyond Monday's drop. Since then, trading in a general range.
The probability of going down is high IMO.. but, I won't trade.. not now..

focussing on other pairs like US/Ca and US/CH
Meditate -> Workout -> Good Food = Good Life!
  • #85
  • Sep 12, 2019 3:50am Sep 12, 2019 3:50am
Just initiated a long..

1. IF this can sustain above SMA-13 (H1) though NY session, I might wanna add more..
2. Yesterday's pin bars look worth trying..
Meditate -> Workout -> Good Food = Good Life!
  • #86
  • Sep 12, 2019 7:47am Sep 12, 2019 7:47am
Quoting YellowFellow
Just initiated a long.. 1. IF this can sustain above SMA-13 (H1) though NY session, I might wanna add more.. 2. Yesterday's pin bars look worth trying..
I am there with you, although got in yesterday prior to NY close around 10,120. Watching and assessing results. Nice general uptick over last 7 hours.
  • #87
  • Sep 12, 2019 11:28am Sep 12, 2019 11:28am
Quoting MarkGman
{quote} I am there with you, although got in yesterday prior to NY close around 10,120. Watching and assessing results. Nice general uptick over last 7 hours.
messed up a lot of positions.. lacked discipline.. lost some.. cleaned the slate..
Meditate -> Workout -> Good Food = Good Life!
  • #88
  • Sep 12, 2019 7:14pm Sep 12, 2019 7:14pm
Just placed an early short, will post chart later.

IF this is the top, we are going way down, hope more cues by London morning..
Meditate -> Workout -> Good Food = Good Life!
  • #89
  • Sep 13, 2019 12:15am Sep 13, 2019 12:15am
Quoting YellowFellow
Just placed an early short, will post chart later. IF this is the top, we are going way down, hope more cues by London morning..
Why do you say that, is it the PA on your chart? I was feeling like support at the 9500 would be very strong.
If you like my post throw me a Doge: D85YHaQ6nQTp4oT13sHoAZbETn3sADVnF8
  • #90
  • Sep 13, 2019 12:42am Sep 13, 2019 12:42am
Quoting g-force
{quote} Why do you say that, is it the PA on your chart? I was feeling like support at the 9500 would be very strong.
Full blown peakout at 5pm NY

Spiky reversal around 5pm NY..
Attached Image (click to enlarge)
Click to Enlarge Name: bitc.png Size: 60 KB
Meditate -> Workout -> Good Food = Good Life!
  • #91
  • Sep 13, 2019 12:59am Sep 13, 2019 12:59am
Quoting YellowFellow
{quote} Full blown peakout at 5pm NY Spiky reversal around 5pm NY.. {image}
That is a pretty convincing chart
If you like my post throw me a Doge: D85YHaQ6nQTp4oT13sHoAZbETn3sADVnF8
  • #92
  • Sep 13, 2019 10:46pm Sep 13, 2019 10:46pm
Added a short, mitigated risk..
Meditate -> Workout -> Good Food = Good Life!
  • #93
  • Sep 14, 2019 1:51am Sep 14, 2019 1:51am
On 11th of July, 2019, BitCoin soared a little and since then that level has remained as a top on H4.. just a cue I thought I should share..

Trade Safe!
Attached Image (click to enlarge)
Click to Enlarge Name: trump.png Size: 217 KB
Meditate -> Workout -> Good Food = Good Life!
  • #94
  • Sep 16, 2019 4:26pm Sep 16, 2019 4:26pm
We're coming to the end days of this consolidation, surely. The confirmed breakout should lead to a large move either direction. Exciting times, but also dangerous.
  • #95
  • Sep 17, 2019 5:41am Sep 17, 2019 5:41am
Quoting YellowFellow
Added a short, mitigated risk..
So Far, not bad by far..
Meditate -> Workout -> Good Food = Good Life!
  • #96
  • Sep 17, 2019 4:51pm Sep 17, 2019 4:51pm
Quoting YellowFellow
On 11th of July, 2019, BitCoin soared a little and since then that level has remained as a top on H4.. just a cue I thought I should share.. Trade Safe! {image}
Are you suggesting that BTC will not recover until Trump endorses it? It'll never happen.
If you like my post throw me a Doge: D85YHaQ6nQTp4oT13sHoAZbETn3sADVnF8
  • #97
  • Sep 18, 2019 1:17am Sep 18, 2019 1:17am
Quoting g-force
{quote} Are you suggesting that BTC will not recover until Trump endorses it? It'll never happen.
On a broad level, like H4 / Daily chart, I believe it'll remain bearish..

TBH, I believe Trump gave a clear cue where it was going, he was trying to help people. I'm not a fan of Trump though.

PS: Cleared my slate yesterday..
Meditate -> Workout -> Good Food = Good Life!
  • #98
  • Sep 18, 2019 9:52am Sep 18, 2019 9:52am
Quoting YellowFellow
{quote} On a broad level, like H4 / Daily chart, I believe it'll remain bearish.. TBH, I believe Trump gave a clear cue where it was going, he was trying to help people. I'm not a fan of Trump though. PS: Cleared my slate yesterday..
Are you continuing to short? I guess there's room before the 10k psychological resistance.
  • #99
  • Sep 18, 2019 5:37pm Sep 18, 2019 5:37pm
Quoting YellowFellow
PS: Cleared my slate yesterday..
Can't blame you! I think we are in for a big move after this consolidation period. Looks like it will might break the support level and then it might take a dive.
  • #100
  • Sep 18, 2019 7:29pm Sep 18, 2019 7:29pm
Quoting Hasher
{quote} Are you continuing to short? I guess there's room before the 10k psychological resistance.
My view for BitCoin is Short..

I had some losses yesterday (18th), so just trading lesser..
Meditate -> Workout -> Good Food = Good Life!
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