klee (OP)
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Activity: 1498
Merit: 1000
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June 08, 2015, 06:03:42 PM |
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Long term I think that Bitcoin will eventually rally above 1000$ but maybe the drama is not over yet... Can i ask what are some of your reasons for this? I am bullish long term. Also, I think that ATHs act as a magnet (so do all time lows). |
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klee (OP)
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Activity: 1498
Merit: 1000
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June 08, 2015, 07:00:14 PM |
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Took profit and closed my longs - I will re-enter in a correction if we breakout above 250.
Short at 224.
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klee (OP)
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Activity: 1498
Merit: 1000
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June 09, 2015, 07:40:42 AM |
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3 box reversal, new bullish support line:  New bullish support 224-228$, resistance still between 236-248$ |
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Amph
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Activity: 3206
Merit: 1069
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June 09, 2015, 07:47:22 AM
Last edit: June 09, 2015, 07:59:18 AM by Amph |
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i was thinking, are they trying to mantain the price in this current range on purpose? they are trying to take time to temporize, to accumulate in the hope that it will skyrocket? or everyone is just shorting for a quick buck?
p.s. fixed some errors
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klee (OP)
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Activity: 1498
Merit: 1000
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June 09, 2015, 07:52:15 AM |
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i was thinking are they training to mantain the price in this current range on purpose? they are trying to take time to temporize, to accumulate in the hope that it will skyrocket? or everyone is just shorting for a quick buck?
I think we have good chances to breakout this time, but I will try a scalp short at 240$... |
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klee (OP)
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Activity: 1498
Merit: 1000
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June 09, 2015, 02:55:24 PM |
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Shorted 230$
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klee (OP)
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Activity: 1498
Merit: 1000
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June 09, 2015, 04:35:57 PM |
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Shorted 230$
Short closed  |
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Amph
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Activity: 3206
Merit: 1069
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June 09, 2015, 04:50:59 PM |
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Shorted 230$
Short closed lol seems a bit pointless, the fees will eat you, did the price even fell below 230? it's 232 now |
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manselr
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Activity: 868
Merit: 1004
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June 09, 2015, 05:12:07 PM |
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Shorted 230$
Short closed lol seems a bit pointless, the fees will eat you, did the price even fell below 230? it's 232 now If you are moving a decent amount of money on each trade the fees shouldn't be much a problem with BTC trading unlike regular stocks. |
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klee (OP)
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Activity: 1498
Merit: 1000
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June 09, 2015, 05:32:46 PM |
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Shorted 230$
Short closed lol seems a bit pointless, the fees will eat you, did the price even fell below 230? it's 232 now lol I decided it is not worth the risk at this level  |
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klee (OP)
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Activity: 1498
Merit: 1000
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June 10, 2015, 05:19:02 PM
Last edit: June 10, 2015, 05:53:58 PM by klee |
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Me thinks closing 1d above 250$ or 1d below 200$ are very important signals.
Very choppy in between...
EDIT: Actually, in the 1d we have to close above 300$ since Jan 3 (when the big dump begun)...
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klee (OP)
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Activity: 1498
Merit: 1000
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June 12, 2015, 04:00:37 PM |
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klee (OP)
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Activity: 1498
Merit: 1000
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June 13, 2015, 08:59:52 PM |
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3 box reversal, new bullish support line:  New bullish support 224-228$, resistance still between 236-248$ |
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klee (OP)
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Activity: 1498
Merit: 1000
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June 15, 2015, 06:53:27 AM |
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Into the war zone!  Real battle for the bulls just begins... |
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Fakhoury
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 15, 2015, 10:22:08 AM |
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Into the war zone! Real battle for the bulls just begins... Kindly elaborate more as I'm a Bull  |
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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klee (OP)
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Activity: 1498
Merit: 1000
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June 15, 2015, 10:31:38 AM |
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Into the war zone! Real battle for the bulls just begins... Kindly elaborate more as I'm a Bull It means that we have reached the big resistance zone (235-240) - up to now resistance was moderate.. |
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Fakhoury
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 15, 2015, 10:34:57 AM |
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Into the war zone! Real battle for the bulls just begins... Kindly elaborate more as I'm a Bull It means that we have reached the big resistance zone (235-240) - up to now resistance was moderate.. What are our chances to pass this resistance zone ? And if we passed, what would be the next resistance zone we would face ? |
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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klee (OP)
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Activity: 1498
Merit: 1000
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June 15, 2015, 10:41:20 AM |
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Into the war zone! Real battle for the bulls just begins... Kindly elaborate more as I'm a Bull It means that we have reached the big resistance zone (235-240) - up to now resistance was moderate.. What are our chances to pass this resistance zone ? And if we passed, what would be the next resistance zone we would face ? If we spike above 250 we have probably started a new bull market IMO. Confirmation would be to close at least 1d above 300 and spike at 350. This is a medium term view, short term we have resistances everywhere up to 300. EDIT: Don't know about the chances though... |
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klee (OP)
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Activity: 1498
Merit: 1000
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June 15, 2015, 10:46:07 AM |
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This can get really ugly IF we break 210 for good (207-208) and/or close below 215.
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Fakhoury
Legendary
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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June 15, 2015, 11:28:00 AM |
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This can get really ugly IF we break 210 for good (207-208) and/or close below 215.
Why bro ? and thanks for the elaboration, apperciated. |
Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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