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orangestar4aC
23 Tem 2017 04:48

XBTUSD - Kraken - New Highs Coming... Alış

Bitcoin / U. S. DollarKraken

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I think the market will give us another buy opportunity inside the red outlined green box, which is the point where the trend line support meets with the ATH of 25.05.2017. I would place the targets based on the Fib Extension, and a stop after a lower low.

This is not a trading guide. Trade only what you can afford to lose.

İşlem aktif

1hour Chart

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Last buy before moon in this area.

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wrong link...

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1hour Chart


Spot on. I only had an order on top of the square to make sure I got it filled. Now it's just a matter of time to see if we are indeed going for new highs. Lower highs for now, though.

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1hour Chart


Seems to be a Bull Pennant. Thinking on moving stop a bit higher after a higher low, later tonight or tomorrow, depends. Looking good.

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1hour Chart


Not liking this new red triangle. Moved stop to 2677 in case 2722 fails. Will probably exit if 2722 is touched again while I'm at the computer. A close above the MA20 (Grey) and/or above the red triangle will set us back to a bullish bias, IMO. Close above the magenta line was good news, and so was the open of new 1hour candle.

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6hour Chart


For a better view of where the Blue support line came from.

İşlem kapandı: durdurma seviyesi

Closed at stop. Waiting for more blood before buying. Seeing 2300-2400 as lowest possibility for now.
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MCrypto
@AndresLR1988 So the first take profit would be 2950? or 3040?
orangestar4aC
@MCrypto, I'd go for the red ones. Blue ones are the las 2 ATHs.
orangestar4aC
@AndresLR1988, There might be some resistance there, but I'd bet 2950 will be broken easily.
MCrypto
@AndresLR1988, I wish it will break, I'm a bit concerned because 2900-2940 did hold for the last couple of days
orangestar4aC
@MCrypto, which should mean that it's weaker now :P
MCrypto
@AndresLR1988, hahaha so let's bet on that! :D
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