Suspense is real :-)

13 thg 2, 2018

Hi fellow enthousiasts,

Like so many others I was looking forward to finding out today who would win the battle between the bears and the bulls that has been going on for a while now.
After the head and shoulders pattern formed (props to MPC for calling it first afaik by the way) it seemed plausible a decision was imminent. Unless of course we buy time by bouncing up and down in another triangle :-)

I have no idea what to expect but I do enjoy the show. Though last two weeks show a trend upwards the trend in a wider timeframe is still bearish so I am afraid going down is more likely than going up at this moment.
Please let me know why you think different if you do.

Regards,
CJ

14 thg 2, 2018

Ghi chú

We see a clear break from the triangle but it looks like the old downtrend channel in red at least is slowing the bulls.

Last couple of times BTC took a dive it was right after a very similar situation so I am keeping my money in my pockets until I see a clear break through out of the downtrend channel. Would not be surprised to see BTC taking a dive down the channel after testing the upper wall of the channel unsuccessfully.

Good luck to all.

14 thg 2, 2018

Giao dịch đang hoạt động

There is a clear breakout from the channel so after a long time I am in. Finally :-)

I am not too confident yet I must admit, so a tight stoploss is part of the deal.
Fingers crossed!