Daytrading with Bitcoin

24 Mar 2018

in the last idea we considered with you the initial diagonal triangle with 5 waves, which gave us a signal in a long position. Happened obvious upward momentum was further testing of the 1 flag and the night I gave you the goal on the chart

24 Mar 2018

Not

and as you can see from it, we also got 6% profit and this is not the limit

24 Mar 2018

Not

at the moment I suggest you to work out the flag. It's part of yesterday's setup. And often the price goes up these pulses. The flag is a short correction. And at the moment it is completely ready, it is possible even now to enter to increase the profit

24 Mar 2018

Not

And we have bullish divergence at 15M and 1H - our main timeframes for daily trading

24 Mar 2018

Not

in fundamental terms, everything is good, the main thing we received positive news from the G20

24 Mar 2018

Not

it also looks very similar to the upside is not divided into 5 parts. So, we are missing one more wave up, and then may be followed by a correction. So advise already soon to start thinking about closing the entire positions

24 Mar 2018

Not

24 Mar 2018

Not

I must tell you that it turns out we have another triangle, and this means the upside is still expected. On BitMEX I don't see it, there is a flag. On Bitfinex BTC USD triangle, or even a pennant

24 Mar 2018

Not

BITFINEX targets

24 Mar 2018

Not

BITFINEX
the pattern didn't work and turned into a wedge with output down. Therefore, I always recommend to go for a break. I've been out of the game, so no losses

24 Mar 2018

Emir iptal

BitMEX
The flag didn't work and went a break down. Therefore, I always recommend to go for a break. I've been out of the game, so there are no losses. The next support levels. There is also bullish divergence on the clock. So maybe it's wave 4, the long script is still relevant

24 Mar 2018

Not

however, if the price breaks through this support zone, the wave structure will collapse and we "may" waiting for a negative scenario

24 Mar 2018

Not

if will punched 1 wave of momentum, then I will to think over short position

24 Mar 2018

Not

Short

24 Mar 2018

Not

the support worked out after finishing the wave 3, but the price still broke the wave of growth. Therefore, when rolling back, you can enter the short according to your strategy. I'll refrain from the position

24 Mar 2018

Not

I wonder does the bitcoin destroyed of the wave structure in both directions, do not be surprised if we are in the stage flat. You can also see the expanding wedge

24 Mar 2018

Not

Hmm, the wave structure is a little collapsed, but the price finished an impulse. There will be a correction now. In the area of buyers can be considered long. Or go to long about the penetration of the neck of the head and shoulders, which we consider in the following idea