Bitcoin Thread

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*SynergyX* said:
only sign of reversal will be a huge green dildo candle that will blasts up 1-2k.

until that happens watch-out below
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I'm still seeing us reaching reach mid 8000's before it becomes time to short hard
 
its sitting on the main long term trend line at the moment - could pretty much go either way. it broke this morning but the candle still closed above it.

confirmation of further drop will be close of 4hr candle below the line -- close above it and bias is bullish for abit.

just a note on that --- if it does actually manage to stay above that line, will be good news for bulls.
 
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L10Yn said:
To me atm it's just people getting in slightly early before the expected drop and maybe even layering shorts...bear in mind I know basically nothing though
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And a few people playing this short term mini retracement
 
On my Luno account (my high risk play money :) ) I am now 50% cash and 50% BTC. Waiting for a big move in either direction. It plunges, I add BTC. It surges, I will evaluate and sell in small steps..
 
Just the candle I was expecting, shorting time to come soon I think
 
Got shorts from $8400 upwards, how is everyone else playing it?
 
I've had pretty much the worst day of trading ever. Just a few minutes after I sold this morning it jumped up over $7.8k to $7.9k. Then an hour later $8.2k. Now it shoots up to $8.4k and I try to get back in with a little to sell quick but it falls off quickly. On top of that I end up making a mistake on Luno and sell instead of buy.

Just going to put my orders down low and wait to see if there is a 7pm dump. Every move I made today, the price moved in the opposite direction almost immediately afterwards. Got the Voicy bug.
 
*SynergyX* said:
wait for the 5-6pm **** show to start - :crylaugh:

8400-8500 is now heavy resistance --> as it was strong support

...or not
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Resistance at $8500 needs to be tested. If it fails, down we go! Not much support right now above $7600.

Also very little visible resistance above $8600 right now.
Bull trap?
 
SaiyanZ said:
I've had pretty much the worst day of trading ever. Just a few minutes after I sold this morning it jumped up over $7.8k to $7.9k. Then an hour later $8.2k. Now it shoots up to $8.4k and I try to get back in with a little to sell quick but it falls off quickly. On top of that I end up making a mistake on Luno and sell instead of buy.

Just going to put my orders down low and wait to see if there is a 7pm dump. Every move I made today, the price moved in the opposite direction almost immediately afterwards. Got the Voicy bug.
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really consider moving to a real exchange --> it will help you get in and out faster as well as reduce mistakes.
 
gripen5221 said:
Resistance at $8500 needs to be tested. If it fails, down we go! Not much support right now above $7600.

Also very little visible resistance above $8600 right now.
Bull trap?
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stoch reset -- oversold,overbought to 0 and fall/rise continues.

bull trap would have to be a big rally 1000 points +
everyone starts to feel happy and boom it drops
 
SaiyanZ said:
I've had pretty much the worst day of trading ever. Just a few minutes after I sold this morning it jumped up over $7.8k to $7.9k. Then an hour later $8.2k. Now it shoots up to $8.4k and I try to get back in with a little to sell quick but it falls off quickly. On top of that I end up making a mistake on Luno and sell instead of buy.

Just going to put my orders down low and wait to see if there is a 7pm dump. Every move I made today, the price moved in the opposite direction almost immediately afterwards. Got the Voicy bug.
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Did the same, sold in the morning to rebuy cheaper but price immediately skyrocketed. In hindsight there were signals to wait it out, but I've just started learning so it happens I guess. And now it doesn't want to hit my shorts lol
 
SaiyanZ said:
I've had pretty much the worst day of trading ever. Just a few minutes after I sold this morning it jumped up over $7.8k to $7.9k. Then an hour later $8.2k. Now it shoots up to $8.4k and I try to get back in with a little to sell quick but it falls off quickly. On top of that I end up making a mistake on Luno and sell instead of buy.

Just going to put my orders down low and wait to see if there is a 7pm dump. Every move I made today, the price moved in the opposite direction almost immediately afterwards. Got the Voicy bug.
Click to expand...

I warned you about this yesterday, you even fixed it for me... how did you fall into it /sigh
SaiyanZ said:
There

View attachment 507011
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Temujin said:
I warned you about this yesterday, you even fixed it for me... how did you fall into it /sigh
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Yeah, I should have been more patient today. At least that sell instead of buy mistake worked out because the price has dropped again. One good thing.
 
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