$ (BTC) The Bitcoin Thread - NO SHITCOINERS ALLOWED

  • Copy+pasting images with your clipboard now works again, ending the two-month reign of terror we endured of the prior notice.

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
What's your rebuy point anyway?
I've already long from ~$3600 (see my, "I nailed this" post), minus some exiting and re-entering of that position (catching like 60% of this upward movement).

I'm looking to take profit and find a blow off-top to take a short entry (in my green rectangle), stop-loss somewhere above the green rectangle in case resistance breaks.
upload_2018-11-28_12-32-24.png


If BTC doesn't immediately retrace from this, new game plan. Mods don't merge my chart posts REEEEEE (preserves timestamps).
upload_2018-11-28_14-11-38.png
 

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
It was working out perfectly until instead of breaking down all the way it just retraced back to the neckline. Took myself out of position at break even from the short. Will wait until there's a clearer signal to re-enter a position. I got some spot USDT waiting to buy BTC anyways.
upload_2018-11-28_23-4-42.png
 

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
touched the mostly-unbroken upper-trend line, returned back to neckline point of control. I don't have a strong sentiment right now. I feel like we're creating a bull trap, right now but I have no time horizon predictions.
upload_2018-11-29_12-42-9.png
 
Last edited:

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
Dumped off the trend-line, lower high, we might make another run for the trend line then dump off of it again, giving it a curved over shape on longer time-scales. Closed a short and took a small long here, thinking we might repeat the pattern of clawing our way back up to ~$4250.
upload_2018-11-30_0-9-52.png


got stopped into a short at ~$4125
upload_2018-11-30_2-18-26.png


Closed short at $4040, it's hard to trade while playing Warframe at the same time. I'll short this again if it doesn't recover immediately.
upload_2018-11-30_2-29-23.png


back in shorts
upload_2018-11-30_2-56-12.png

closed half my short, it doesn't look like it's stopping, but this if it's gonna stop before $3800, it's gonna be $3950.
upload_2018-11-30_3-7-4.png

Closed the last of the short, same deal, if it doesn't pop in 15-20mins, I short again.
upload_2018-11-30_3-22-39.png

scalping a 5min long like a degen
upload_2018-11-30_3-36-58.png

fuck this position, im going to sleep before I lose all my profits from today. Sitting on USDT.
upload_2018-11-30_4-0-23.png
 
Last edited by a moderator:

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
Volatility is down as we consolidate to the lows. It looks like it wants to take another leg down, but at the same time there's a real possibility of a sudden re-test of a higher level. As the range tightens the breakout in either direction becomes increasingly imminent.
upload_2018-12-13_3-35-18.png


someone market sold like 300+ BTC on Bitfinex with huge slippage and then it immediately pumps, off the one minute chart, lol
upload_2018-12-13_4-32-55.png
 
Last edited:

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
Touching the low again, looking like it's about to break. I'm not going to short "support" at large size until it breaks. Reminder that Bitfinex has like $100 premium so the prices may seem off if you look at my earlier post.
upload_2018-12-13_13-7-3.png
 

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
check out this fake out, still to be determined which direction was fake. One minute candles.
upload_2018-12-13_18-21-0.png
 

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
Congratulations everyone we made it through chop city and made it to a new leg down.
upload_2018-12-14_14-7-10.png
 

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
Since last post, we bart'd up, then bart'd down, touching the low again.
upload_2018-12-15_1-42-39.png
 

CrunkLord420

not a financial adviser
Forum Staff
True & Honest Fan
kiwifarms.net
Joined
Jul 22, 2017
it's just dancing on the edge of oblivion right here, there's a lot of selling happening and not a lot of dumping. Feels like a bart in the making
upload_2018-12-15_7-57-15.png