It will have to decide. Was it a correction ABC or ABCDE correction.
Nota
Expertly denied by the previous uptrend line. I suspect testing of the lower green cloud before continuation towards ATH.
Trade attivo
For now everything according to plan.
Trade attivo
Today India decided BTC is official legal, pushed it to next trend line.
Trade attivo
Bounced right of the channel.
Nota
If purple channel fails I would be able to say that we are out of bull trend.
Trade chiuso: stop raggiunto
My blue line held. If breaks, channel line next.
Nota
This triangle is make it or brake it. Technically price action reminds of a typical 4th wave, which means we are still to see new highs. Fundamentally, BTC should top out at the end of next month.
Nota
Nota
I would say bull has 66% chance and bear 33% chance. Big vertical red line is SegWit activation. Big risk where you should be out of long positions.
Trade attivo
Have my long in since (E). Lots of stop losses from bears on 2595. If we break 2600 we go moon.
Trade chiuso: stop raggiunto
Closed long yesterday when it was obvious that we were in a bull trap.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.