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electo
17 gru 2019 04:11

Hello Bulls. How have you been? Lets see if we can revive you. Long

Bitcoin / United States DollarCoinbase

Opis

As always .... not much to put in here, also have no time to do it. Just putting this chart out there since I think we approach the bottom of the multi year bear. I hope you all made it through, here is to the bull run that shall ensue in the next few months.

Last chart said we hit 6k. We hit 6k. This chart says we bottom at 6k, i hope we bottom at 6k.

Komentarz

Getting there. Alts already bottoming out.

Komentarz

Hitting play on this is already fun. Bounced off the first strong support.

Transakcja zamknięta: osiągnięto wyznaczony cel

Resistance now

Zlecenie aktywne

Looking for some pullback and then reversal of pullback to ride this to 9600 at least.

Transakcja zamknięta: osiągnięto wyznaczony cel

This is good enough for now. Probably a cool off period here. Any further longs can only be considered when 9600 is breached.

Zlecenie zamknięto ręcznie

No longer in any longs. Flipped short at 10,200. Needs to break back above it to be considered bullish now. Dropping OI indicates trend reversal.

Komentarz

Just to be clear. I do not actually trade, just paper trading. However my paper trading says take 25% off the profits for the short here. I do suspect this will go much lower after a releif bounce.

Komentarz

Closing short here. Could go to 7200. No time to stick around and wait for it. Releif bounces at strong fundamentals can be brutal to stop losses.
Komentarze
electo
This will be a fun chart to look at and press play on after a few months. Probably April.
olzbot
What do the small fat green arrows represent?
electo
@olzbot, bounce area #1. Hit play. Makes more sense then.
electo
@olzbot, Sorry - i misread. The small fat green arrows are just for myself. It shows when Open interest decreased rapidly.
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