MEX_Exchange
Giá xuống

Bitcoin expecting a further drop, wait for a pullback

BITFINEX:BTCUSD   Bitcoin / Đô la
Sell below 7993. Stop loss at 8885. Take profit at 5758.
Reason for the trading strategy (fundamentally):
Another big news in the cryptoworld is Lloyds Banking Group, which includes Lloyds Bank, Halifax, MBNA and Bank of Scotland, has barred customers from using credit cards to buy bitcoin             and other cryptocurrencies. Its decision is over concerns that users may buy cryptocurrencies with credit amid market euphoria and fail to pay the debit balance should the market drop. This is especially since the cryptocurrency market has took a hammering recently, especially bitcoin             which as dropped by more than 50% since its $20,000 highs in mid-December 2017.
Reason for the trading strategy (technically):
Bitcoin             has continued to drop further and has now broke below our descending support-turned-resistance line which signals a further downside acceleration. We look to sell below 7993 resistance ( Fibonacci retracement , horizontal pullback resistance, breakout level) for a further push down to at least 5758 support ( Fibonacci extension , horizontal swing low support).
RSI (34) remains under strong bearish pressure with our long term descending resistance line.
https://telegram.me/fxtradingroom --> join the waiting list for our free live trading room!
Funny when the criminal syndicates get upset because something is dominating which they didnt come up with ( usually a scam of some nature )

Pathetic world where the fraudsters get upset when the newest thing is not in their control ...

Money controls .. as the Rotschild scum said .... problem is they not printing it ; ) Thats a big cockup for them
+1 Phản hồi
LOLOL .

the rehypothecation F#@$ who put us " re mortgage your house .. your sitting on a Gold mine "adverts on daily basis ... gave us 0-5% mortgages which you could pt on the same banks credit card ...... then hiked the interest on these "flexible loans" and screwed all house owners out of their house & life savings ......

Are worried about people not being able to pay back debts . I bet you couldn loose as much as the 300+ % monthly interest people got hit with by the above WANKSTERS ; )

Where do you see the low , you don't consider 5500 area to be good longterm long .. or expect 2500 +- in shrt period ?
Phản hồi
Why is this bad news? You can't buy stocks on credit.
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Sàng lọc cổ phiếu Bộ lọc Forex Screener Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất