Attachments: Bitcoin technical analysis

Bitcoin technical analysis

Post #9,741
Quote
Oct 31, 2021 11:59am Oct 31, 2021 11:59am

kette
Joined Jan 2018 | Status: Member | 13,991 Posts

Quoting tiborf71

Disliked

{quote} I see that he has opened a great position again. Congratulations.

Ignored

thank you,is only day trading no trend trading.

Post #9,742
Quote
Nov 1, 2021 9:20am Nov 1, 2021 9:20am

swagtrading
Joined May 2019 | Status: Member | 784 Posts

BTC is just consolidating the gains it made in early October. There is no major selloff on the horizon while it trades above $57909

Attached Image (click to enlarge)

Click to Enlarge

Name: 1.jpg
Size: 127 KB

Post #9,743
Quote
Nov 4, 2021 2:01am Nov 4, 2021 2:01am

swagtrading
Joined May 2019 | Status: Member | 784 Posts

BTC continues to consolidate just below its all time high:

Attached Image (click to enlarge)

Click to Enlarge

Name: 1.jpg
Size: 131 KB

Post #9,744
Quote
Nov 4, 2021 5:50pm Nov 4, 2021 5:50pm

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,906 Posts

I haven't traded for over a month because I was on a COVID diet (I haven't lost my sense of humor) that resulted in a loss of 13 pounds. I think that three weeks in hospital does that to anyone. The medical establishment states that vaccination protects people but it's not always the case and even fully vaccinated you can get very sick and I hope that nobody else ends up in my situation. The worst part is that I have cognitive symptoms resulting in memory loss and nobody knows how long it will last. I can say that my health is now between 50-60% of what it was before so I still needs lot of rest. I'm lucky that I didn't lose the ability to move or walk like some people did who need a lot of rehabilitation. I will no longer post daily trade charts but, instead, post my trades in a new thread starting sometimes next week.

In any case here is how Bitcoin fared today. I went down $1,410 with a low ATR of 2,539 with a high of $63,213 at the opening candle and a low of $60,674

Attached Image (click to enlarge)

Click to Enlarge

Name: BTCUSDH1.png
Size: 39 KB

Post #9,745
Quote
Nov 4, 2021 6:00pm Nov 4, 2021 6:00pm

kette
Joined Jan 2018 | Status: Member | 13,991 Posts

Quoting Hutch

Disliked

I haven't traded for over a month because I was on a COVID diet (I haven't lost my sense of humor) that resulted in a loss of 13 pounds. I think that three weeks in hospital does that to anyone. The medical establishment states that vaccination protects people but it's not always the case and even fully vaccinated you can get very sick and I hope that nobody else ends up in my situation. The worst part is that I have cognitive symptoms resulting in memory loss and nobody knows how long it will last. I can say that my health is now between 50-60%...

Ignored

I can only write, all the best I wish you.
that you will be fit again.

Post #9,746
Quote
Nov 5, 2021 8:20am Nov 5, 2021 8:20am

Hercs
Joined Jan 2006 | Status: Senior Member | 641 Posts

Quoting Hutch

Disliked

I haven't traded for over a month because I was on a COVID diet (I haven't lost my sense of humor) that resulted in a loss of 13 pounds. I think that three weeks in hospital does that to anyone. The medical establishment states that vaccination protects people but it's not always the case and even fully vaccinated you can get very sick and I hope that nobody else ends up in my situation. The worst part is that I have cognitive symptoms resulting in memory loss and nobody knows how long it will last. I can say that my health is now between 50-60%...

Ignored

My heart goes out to you, Hutch.
I will add you to my prayer list and ask for your complete recovery.
Hercs.

Hercs

Post #9,747
Quote
Nov 6, 2021 4:13pm Nov 6, 2021 4:13pm

Hutch
Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,906 Posts

Quoting kette

Disliked

{quote} I can only write, all the best I wish you. that you will be fit again.

Ignored

Quoting Hercs

Disliked

{quote} My heart goes out to you, Hutch. I will add you to my prayer list and ask for your complete recovery. Hercs.

Ignored

Thank you for the well wishes they are very much appreciated.

Post #9,748
Quote
Nov 6, 2021 9:35pm Nov 6, 2021 9:35pm

pundit78
Joined Jan 2013 | Status: Member | 1,470 Posts

Quoting Hutch

Disliked

I haven't traded for over a month because I was on a COVID diet (I haven't lost my sense of humor) that resulted in a loss of 13 pounds. I think that three weeks in hospital does that to anyone. The medical establishment states that vaccination protects people but it's not always the case and even fully vaccinated you can get very sick and I hope that nobody else ends up in my situation. The worst part is that I have cognitive symptoms resulting in memory loss and nobody knows how long it will last. I can say that my health is now between 50-60%...

Ignored

Wishing you a speedy recovery Hutch. May God bless you with good health and fortune.

Post #9,749
Quote
Nov 8, 2021 12:26am Nov 8, 2021 12:26am

swagtrading
Joined May 2019 | Status: Member | 784 Posts

BTC is up very sharply today and now today is the first in last 10 days, where the prices have not touched the 20-Day average. Looks a new breakout and the start of a fresh rally.

Attached Image (click to enlarge)