IF we see a sustained break of this 8k level (which it seems is coming) this thing may take another dive.

Trading Bitcoin with Trend lines and S/R

It looks like we will continue to see weakness in BTC for now. Bears seem determined to break that 8k level... something should happen soon

BTCUSD daily price action

What daily price action?! image

BTCUSD daily price action

This range is getting even tighter! Starting to put me to sleep. Looks like some small bullish trend building but I'm not betting the mortgage on that, or anything right now!

Trading Bitcoin with Trend lines and S/R

Looks like we may have found a new range with support at 8k and resistance at 8500. I'm not making big moves, but might try to make some small profits while we're here.

Trading Bitcoin with Trend lines and S/R

Wise words that came with a hard lesson for sure. Wisdom comes from experience though, so good you are sharing your lesson with others. Always secure your own funds people! Think of it like the wild west right now, and you should assume every cowboy ...

Hardware Wallet Information

What kind of s/r are you looking at nowadays? On what TF? I'm failing to see anything worth taking but I do have to say i have a bearish bias atm.

Trading Bitcoin with Trend lines and S/R

More libra news today: url url Ironically, it seems like Facebook is turning into the little engine that could... somehow redeem themselves and obtain regulation in the digital asset space. I'm not so interested in the Facebook aspect, but the ...

Facebook Libra coin

Tough pickens out there right now, brother. I don't see a trend building either way on any substantial timeframe. It's hard for me to see any position to take right now. Just too choppy

Trading Bitcoin with Trend lines and S/R

Sup?

BTCUSD daily price action

David Marcus (who is leading the Libra project) released this blog today: url Not a lot of info in there, but anything he says I will be paying attention to. He's the bell cow for a lot of regulatory action that will come in the crypto space. Good ...

Facebook Libra coin

I'm sidelined until we see some direction. The market still seems shook from the breakout yesterday. We may be hugging that 8500 level for a while.

Trading Bitcoin with Trend lines and S/R

Agreed. Regardless of the long term beliefs or conviction, a trader has to ride momentum in the short-medium runs. That being said, I see us at the end of a tight consolidation which means I am neutral until the market decides it's next direction.

BTCUSD daily price action

Even with these large intraday moves, we are still well within this consolidation I've been keeping an eye on: I still think this thing is poised to blow when we finally see an end to this triangle.

Trading Bitcoin with Trend lines and S/R

Uncertainty in BTC and relative strength in ETH made me go long some ETH this week. Sticking to ETH for trades at least until BTC can determine a direction.

Ethereum Trading

Absolutely! My daily chart still has us in that wedge, and we're really squeezing to the end of it. I think a major breakout is coming, and no one knows which way. Once I think a break is confirmed, I'm jumping in that direction.

BTCUSD daily price action

Can't blame you! I think we are in for a big move after this consolidation period. Looks like it will might break the support level and then it might take a dive.

Trading Bitcoin with Trend lines and S/R

I'm on the short bus too! Bunch bears up in here!

BTCUSD daily price action

You can have (all of) my ETH when you pry my wallet from my cold dead fingers! Mostly kidding, but it has been a hell of a week so far! Love seeing green

Ethereum Trading