BTC - We are back in the trading canal range

in #bitcoin7 years ago (edited)

Hello all,

As I explained you in my previous publication, one scenario was to go back inside the trading canal range :

BTCUSD.jpg

We should now make some moves inside that trading canal range and the objective will be to break it by the UP or the DOWN.

Be again prepared to the fact that the Break Out will be again quiet powerfull and that it could be a DOWN break out.
No one can knows the direction for sure so I would suggest you to keep an eye in that canal and see which direction the market will take and adapt your position in consequence.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] BTC - Nous sommes de retour dans notre canal de trading

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Silver is up 27 cents!!! Hell yeah!! It's on fire today!!!

Please god let btc break up ;)

I believe that the pattern will be a lot more vertical

This is the one hour chart, MacD and stochastic aren't bad, and there's a triangle... I'm watching out for a fall but I think we may be going up from here ?

The information you share is always useful. thank @cryptopassion

thank you for sharing...today was a crazy day

It was insane. The market cap can drop by 80% as it has in the past more than once.

since there is not a lot of liquidity in most bitcoins no surprise to see a lot go deep in red. Still kind of scary to watch a pull back compare to past pullbacks. the dollar amounts are getting bigger. Sept. we pull back on overall market cap more than what we had yesterday but yesterday alone the pullback was worth more than the market cap we had in Sept. that is insane.

The game is getting bigger, just like the risk :)

i think Btc go back, and Bcash go up!!

how do you feel about bitcoin prices in 2018,
whether it is getting down or rising?
how your prediction and your opinion

We are still on a long term bullish trend. What does it mean? That even we have correction, on long term we are on a trend which should increase the value of BTC. Is it 100% sure? No, we could break the trend with this correction by example, if this one is becoming more important.

vary nice post, good work, thanks for sharing following up voted

we will get back to $18,000 in now time
#btcusd #bitcoin

Plz reply to my comment i want to buy bitcoin today . Is it right time or not for buying? What is the future of bitcoin?

Bitcoin is more like dancing up and down

Muchas gracias hermano por mostrarnos su enfoque y sus recomendaciones, somos muchos que solo confiamos a la suerte u esperamos los mejor, dios lo bendiga lo cuide y lo guíe...

After the holidays, we should go up again nicely :)

Nice post, and thanks for the idea

Great opportunity who are waiting for down break out.

After seeing all these ups and downs in last 24-48 hours, I am still hoping for a comeback of bitcoins.... Fingers crossed for 2018.. :))

Les prises de bénéfices étaient prévisibles vu la hausse exponentielle du mois de décembre. Ensuite, l'effet moutonnier incite à vendre comme à la bourse ce qui amplifie les mouvements. Il reste à savoir si le bas du canal sera un support solide.

Thanks for sharing man, I appreciate the updates. As far as my current noobie understanding goes, for the time being I thought the best strategy for now would be to just hold my SBD on my Steemit account :)

It is said that the price for liberty is eternal vigilance and that discretion is the better part of valour. Let's trade wisely and with caution.

I agree we are going through issues in the system. The modifications we had for last time, really put yo the test us. Keep on steeming.

buy Ltc, neo, nxt, sia thank me later :)

Very nice write-up. I absolutely appreciate this blog. Thanks!

I think btc will be again in 18k to 20k range before the end of this year, those things happen way too much,now i am getting to used to it. My tip for others if your btc are in an exchange USD tether it during the downtrend and buy back at the lowest resistance.

yes ia gree with you , every end of the year there is a corection , because people are taking profits and cashing out their profits from the surge of the price of bitcoin , Bitcoin will raise again in less then 10 Month

Thanks for sharing your point of view and analysis. Could you also write one for Ripple? Thanks a lot.

kinda feels like someone wanted more profits this christmas period and shorted it ;) either way, it was abrupt and boom we are back on the way towards $15k

As you recommended, I try open account with bitfinex and here what they said below. Is there any other platform you will direct me?

Thank you for your interest in opening a Bitfinex account. However, due to extraordinary demand, new account creation has been temporarily paused.

Bitfinex focuses on serving professional traders. The reason we have decided to temporarily stop accepting new accounts is that we cannot undermine the quality of our services for our existing traders by flooding the system with new, small accounts.

Please be patient while we expand infrastructure, services, and staff to meet the exponential rise in demand for new Bitfinex accounts.

But it will happen more and more, here is one example about why:
https://steemit.com/@svtechnik

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Hello, great work, i liked your post and reward it with upvote.

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i like you