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Trading Bitcoin with Trend lines and S/R

  • #221
  • Oct 7, 2019 2:04pm Oct 7, 2019 2:04pm
Quoting YellowFellow
that said, IF 7850 survives next 12-24 hrs, we gotta take these support levels seriously..
Time to get serious
  • #222
  • Oct 7, 2019 7:15pm Oct 7, 2019 7:15pm
Quoting YellowFellow
we gotta take these support levels seriously..
Have to agree with you here! I see us consolidating in this new range hugging 8k. Trying to catch any small movements in the mean time.
  • #223
  • Oct 7, 2019 9:32pm Oct 7, 2019 9:32pm
Quoting vanillaice
{quote} Have to agree with you here! I see us consolidating in this new range hugging 8k. Trying to catch any small movements in the mean time.
Quoting Hasher
{quote} Time to get serious
I missed this wave up.. from 7788 levels, BTC may try to bottom-out today again, if that happens, might wanna try a long..

I'll sit by the side.. until I see something substantial..

Range-bound patterns are most misleading and risky..
Meditate -> Workout -> Good Food = Good Life!
  • #224
  • Oct 8, 2019 5:25am Oct 8, 2019 5:25am
Just went short on assumption BTC will continue sideways within a range..
Attached Image (click to enlarge)
Click to Enlarge Name: btc.png Size: 50 KB
Meditate -> Workout -> Good Food = Good Life!
  • #225
  • Oct 8, 2019 6:07am Oct 8, 2019 6:07am
Quoting YellowFellow
Just went short on assumption BTC will continue sideways within a range.. {image}
This could be a dead cat bounce. Let's see how it plays out.
Money = Labour coupons
  • #226
  • Oct 8, 2019 1:27pm Oct 8, 2019 1:27pm
Quoting TMR
{quote} This could be a dead cat bounce. Let's see how it plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 352 KB
  • #227
  • Oct 8, 2019 5:17pm Oct 8, 2019 5:17pm
Quoting Hasher
{quote} {image}
  • #228
  • Oct 8, 2019 6:36pm Oct 8, 2019 6:36pm
I see us hugging resistance at 8,200 right now with support at 8,000. It seems poised for another significant move when it breaks that.... When will that be though?
  • #229
  • Oct 9, 2019 1:14am Oct 9, 2019 1:14am
Quoting YellowFellow
Just went short on assumption BTC will continue sideways within a range.. {image}
I always have the urge to range trade BTC because the levels are so strong. The stronger they are the harder they fall (or rise) though when they do break.
If you like my post throw me a Doge: D85YHaQ6nQTp4oT13sHoAZbETn3sADVnF8
  • #230
  • Oct 9, 2019 2:26am Oct 9, 2019 2:26am
Hmmm, not so heartening !
Bearish pressure.
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  • #231
  • Oct 9, 2019 9:48am Oct 9, 2019 9:48am
Good size breakout here... Anyone have a reason for the move? It could just be that we broke that consolidating range we had been seeing
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  • #232
  • Oct 9, 2019 10:48am Oct 9, 2019 10:48am
Quoting vanillaice
Good size breakout here... Anyone have a reason for the move?
Tudor angered the crypto gods: https://www.cryptocraft.com/showthre...3#post12548883
If you like my post throw me a Doge: D85YHaQ6nQTp4oT13sHoAZbETn3sADVnF8
  • #233
  • Oct 9, 2019 10:59am Oct 9, 2019 10:59am
Quoting g-force
{quote} Tudor angered the crypto gods: https://www.cryptocraft.com/showthre...3#post12548883
Jeeesh, its been oying with me hey, was Long but got spiked out to the bottom before it rallies like it did, Its messed up my portfolio in the last wo weeks so will be analysing and monitoring it from a distance.......
4&1 All Time Profit: $37,496
  • #234
  • Oct 9, 2019 11:02am Oct 9, 2019 11:02am
Quoting g-force
{quote} I always have the urge to range trade BTC because the levels are so strong. The stronger they are the harder they fall (or rise) though when they do break.
The short I had got creamed.. was away all day long and just came back to see this..
Meditate -> Workout -> Good Food = Good Life!
  • #235
  • Oct 9, 2019 11:12am Oct 9, 2019 11:12am
Quoting MzansiObi
{quote} Jeeesh, its been oying with me hey, was Long but got spiked out to the bottom before it rallies like it did, Its messed up my portfolio in the last wo weeks so will be analysing and monitoring it from a distance.......
That is the worst. I think crypto has to be a category all its own in a portfolio. Just set to a % of your total and maintain that level. It helps me buy low and sell some at the highs.

Quoting YellowFellow
{quote} The short I had got creamed.. was away all day long and just came back to see this..
There always seems to be a calm before a storm. Some people are saying a quote from Grayscale caused the move but it was only a matter of time before we saw something like this. Now we wait to see if it alters the trend in longer time frames.
If you like my post throw me a Doge: D85YHaQ6nQTp4oT13sHoAZbETn3sADVnF8
  • #236
  • Oct 9, 2019 11:18am Oct 9, 2019 11:18am
Quoting g-force
{quote} That is the worst. I think crypto has to be a category all its own in a portfolio. Just set to a % of your total and maintain that level. It helps me buy low and sell some at the highs. {quote} There always seems to be a calm before a storm. Some people are saying a quote from Grayscale caused the move but it was only a matter of time before we saw something like this. Now we wait to see if it alters the trend in longer time frames.
Lool, thats why im putting a cap on it, i have lost the percentage id outlined for myself on it....the gains i made on it initially were decent and impressive, but the last set of trades have been disappointing, ive reached my cap on it and End of year is around the corner so dont wanna mess things up now.....
4&1 All Time Profit: $37,496
  • #237
  • Oct 9, 2019 1:26pm Oct 9, 2019 1:26pm
Quoting g-force
{quote} Tudor angered the crypto gods: https://www.cryptocraft.com/showthre...3#post12548883
  • #238
  • Oct 9, 2019 1:27pm Oct 9, 2019 1:27pm
Quoting YellowFellow
{quote} The short I had got creamed.. was away all day long and just came back to see this..
Tough luck my friend, you can win it all back and more though
  • #239
  • Oct 9, 2019 10:05pm Oct 9, 2019 10:05pm
Quoting Hasher
{quote} Tough luck my friend, you can win it all back and more though
Having hard time making money :-)
Meditate -> Workout -> Good Food = Good Life!
  • #240
  • Oct 9, 2019 10:06pm Oct 9, 2019 10:06pm
Quoting g-force
{quote} That is the worst. I think crypto has to be a category all its own in a portfolio. Just set to a % of your total and maintain that level. It helps me buy low and sell some at the highs. {quote} There always seems to be a calm before a storm. Some people are saying a quote from Grayscale caused the move but it was only a matter of time before we saw something like this. Now we wait to see if it alters the trend in longer time frames.
woke up at 5 am and been analyzing charts.. right now I strongly think that the breakout into North is true.. not fake..
Meditate -> Workout -> Good Food = Good Life!
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