KoraalTheOcean

KoraalTheOcean

Bitcoin has had a weak trend up which now results in a rising wedge. i shorted bitcoin!

KoraalTheOcean Updated 

Is bitcoin about to make a higher low? Whats next? bitcoin can make a higher low on multiple levels, I think 41.6k is an important level and so I have my entry there.

KoraalTheOcean

I have a few scenarios that might help you. I'm looking at a long on the $40600 and my price target is 43450 (I take profits on the way up and always leave a bit open if it continues to rise) on the larger time frame we see a head and shoulder. we are against the neckline, are we going further down or are we ahead of the risistance?

KoraalTheOcean

will bitcoin go to 34800$? i got a entry at 38195, if bitcoin follows my idea im taking profits at 36650.0 and 34800.0.

KoraalTheOcean

bitcoin has broken the resistance and has had a pull back. whats next? Will bitcoin reach the 40k? then im taking profits on the way up what used to be support and now resistance

KoraalTheOcean

Bitcoin has multiple scenarios. This is how I look at it. If bitcoin does this, bitcoin will do that. I myself work with conditional trigger prices. if it touches a price point, my entry is put in it.

KoraalTheOcean

If bitcoin goes through the resistance, I expect the following scenario. whats next? first I expect a break through the $38,470, then I want bitcoin to hit $39,160 first and then fall back to $38,470.

KoraalTheOcean

Bitcoin created a head and shoulder. Whats next? bitcoin to the 33k? if bitcoin breaks below the neckline i will put a entry on the pull back on the neckline, im taking profits on the way down!

KoraalTheOcean

Is bitcoin going to 39k? Whats next? i have a entry on a pull back on 37605.5$. im taking profits on the way up, 20% for each resistance it will hit. i also will put my stoploss higher!

KoraalTheOcean

will bitcoin reach 36.460$? what next? if bitcoin first touch 35438.5$, i will put a entry at 35170$.

KoraalTheOcean

I expect a abc correction for bitcoin. i have a etry at 34860. will bitcoin reach 36.460$?

KoraalTheOcean

WIll bitcoin lose this support level? we are still in a down trend. lower highs lower lows.

KoraalTheOcean

If bitcoin will lose the 35k level we could see a bounce on the 29k support the next recistance is then at 35k

KoraalTheOcean

Bitcoin created a inverse head and shoulders will we go back to the 45k level?

KoraalTheOcean

Bitcoin created a falling wedge, if bitcoin loses the 40k level we could test lower.

KoraalTheOcean

We could make a double top like in the previous range. but im looking for a short at 42.676$

KoraalTheOcean

bitcoin is uit de range gebroken. ik heb vaker dit soort breakouts gezien

KoraalTheOcean

Bitcoin is trading side ways in a new range i have a couple scenarios that could play out