Trading Bitcoin with Trend lines and S/R | Page 20 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

What best indicator to entry signal and TREND? 160 replies

J1mm's Intraday Trend follow Strategy 86 replies

Accounts for trading Bitcoin 51 replies

Bitcoin and crypto trading (only BITMEX) 2 replies

I'm Abandoning Currency Trading To Trade Bitcoin Futures 4 replies

Attachments: Trading Bitcoin with Trend lines and S/R
Exit Attachments

Trading Bitcoin with Trend lines and S/R

  • #381
  • Dec 17, 2019 9:18am Dec 17, 2019 9:18am
Quoting YellowFellow
{quote} Apparently, you are reading only the posts you like.. {image}
I just don't understand why stubborn people buy bitcoin countertrend!
Selling the lower highs on a berarish trend seem much wiser.

Bitcoin whales robbed the naive believers a couple of years ago. See the 2017 Dec. crash.
It looks like there are lotta traders who can make the same mistake over and over again.
Member
  • #382
  • Dec 17, 2019 9:49am Dec 17, 2019 9:49am
Quoting TudorIoan
{quote} I just don't understand why stubborn people buy bitcoin countertrend! Selling the lower highs on a berarish trend seem much wiser. Bitcoin whales robbed the naive believers a couple of years ago. See the 2017 Dec. crash. It looks like there are lotta traders who can make the same mistake over and over again.
I understand and agree that BTC is bearish on daily chart.. that won't change soon.. however, it simply just can't keep falling vertically, this is Currency Trading my friend..

Take a look at price-shoot that took place on 24th of Oct..

that said, if I am wrong, I would not lose more than 2 - 3% in one account.
Meditate -> Workout -> Good Food = Good Life!
  • #383
  • Dec 17, 2019 10:03am Dec 17, 2019 10:03am
Quoting YellowFellow
{quote} I understand and agree that BTC is bearish on daily chart.. that won't change soon.. however, it simply just can't keep falling vertically, this is Currency Trading my friend.. Take a look at price-shoot that took place on 24th of Oct.. that said, if I am wrong, I would not lose more than 2 - 3% in one account.
Oh, I thought is simply keep falling vertically.
Oh, thanks explaining Currency Trading.
Member
  • #384
  • Dec 18, 2019 9:04am Dec 18, 2019 9:04am
Woah, 6600 great support now! Weee, it's working!
Oh, I'm maybe too subjective, I read only bearish
Member
  • #385
  • Dec 18, 2019 9:49am Dec 18, 2019 9:49am
Quoting TudorIoan
Woah, 6600 great support now! Weee, it's working! Oh, I'm maybe too subjective, I read only bearish
Maybe you can sell.. and I can buy and we can see where it goes from there :-)

After all, these are the kinda levels you were looking for to sell...
Meditate -> Workout -> Good Food = Good Life!
  • #386
  • Dec 18, 2019 10:33am Dec 18, 2019 10:33am
Quoting YellowFellow
{quote} Maybe you can sell.. and I can buy and we can see where it goes from there :-) After all, these are the kinda levels you were looking for to sell...
Yeap, sell all the Lower Highs! No mercy!
Member
  • #387
  • Dec 18, 2019 8:49pm Dec 18, 2019 8:49pm
Quoting TudorIoan
{quote} I just don't understand why stubborn people buy bitcoin countertrend! Selling the lower highs on a berarish trend seem much wiser. Bitcoin whales robbed the naive believers a couple of years ago. See the 2017 Dec. crash. It looks like there are lotta traders who can make the same mistake over and over again.
> why stubborn people buy bitcoin countertrend!

---> I'm of the view that you'll get many higher levels to sell hard.. :-)
Meditate -> Workout -> Good Food = Good Life!
  • #388
  • Dec 18, 2019 10:28pm Dec 18, 2019 10:28pm
Quoting YellowFellow
{quote} > why stubborn people buy bitcoin countertrend! ---> I'm of the view that you'll get many higher levels to sell hard.. :-)
What you mean ? Bitcoin is on bearish trend for many days. Of course is to sell. Don't embarrass yourself, bitcoin is not to buy yet.
This rally was plain manipulation. Manipulations from the crtpro whales are unpredictable. The bearish trend is less unpredictable because it reflects the real market tendency.
Member
  • #389
  • Dec 19, 2019 5:30am Dec 19, 2019 5:30am
Quoting TudorIoan
{quote} What you mean ? Bitcoin is on bearish trend for many days. Of course is to sell. Don't embarrass yourself, bitcoin is not to buy yet. This rally was plain manipulation. Manipulations from the crtpro whales are unpredictable. The bearish trend is less unpredictable because it reflects the real market tendency.
I mean to say that, going fwd, the price is going up..
Meditate -> Workout -> Good Food = Good Life!
  • #390
  • Dec 19, 2019 6:19am Dec 19, 2019 6:19am
Quoting YellowFellow
{quote} I mean to say that, going fwd, the price is going up..
Are you just guessing ...or do you really have a crystal ball for "sure tips only" ?
Member
  • #391
  • Dec 19, 2019 7:04am Dec 19, 2019 7:04am
Double bottom-out on H4
Nice pins, worth trying..
Attached Image (click to enlarge)
Click to Enlarge Name: btc.png Size: 41 KB
Meditate -> Workout -> Good Food = Good Life!
  • #392
  • Dec 23, 2019 10:51pm Dec 23, 2019 10:51pm
Quoting TudorIoan
{quote} Are you just guessing ...or do you really have a crystal ball for "sure tips only" ?
Your direction is perfect, albeit, should be sold on daily chart..

that said, I expect a nice peak to sell this week..
Meditate -> Workout -> Good Food = Good Life!
  • #393
  • Dec 23, 2019 10:52pm Dec 23, 2019 10:52pm
Quoting YellowFellow
{quote} Your direction is perfect, albeit, should be sold on daily chart.. that said, I expect a nice peak to sell this week..
right now long..
Meditate -> Workout -> Good Food = Good Life!
  • #394
  • Dec 24, 2019 5:12am Dec 24, 2019 5:12am
Quoting YellowFellow
{quote} Your direction is perfect, albeit, should be sold on daily chart.. that said, I expect a nice peak to sell this week..
Exactly. Sold 7500, but my only regret is that I have closed too early at 7400...
Anyway ...remeber: every day you don't sell bitcoin, a whale does !
Member
  • #395
  • Dec 30, 2019 2:34am Dec 30, 2019 2:34am
@7300

Selling with SL @ 7700
Meditate -> Workout -> Good Food = Good Life!
  • #396
  • Dec 30, 2019 8:46am Dec 30, 2019 8:46am
Same here. 7500, favorite level to sell. I'll close partially at every hundred down
Member
  • #397
  • Jan 2, 2020 9:47pm Jan 2, 2020 9:47pm
Quoting TudorIoan
Same here. 7500, favorite level to sell. I'll close partially at every hundred down
Goood ! Selling 7K now...
Member
  • #398
  • Jan 2, 2020 9:52pm Jan 2, 2020 9:52pm
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 459 KB
  • #399
  • Jan 8, 2020 11:06pm Jan 8, 2020 11:06pm
Quoting YellowFellow
@7300 Selling with SL @ 7700
SL hit, will retry shorts now..
Meditate -> Workout -> Good Food = Good Life!
  • #400
  • Jan 9, 2020 12:40am Jan 9, 2020 12:40am
Quoting TudorIoan
{quote} Goood ! Selling 7K now...
SL at 25K here.
Bet small though.
Member
0 traders viewing now