I missed the opening part, sorry:
"Bitcoin has painted top Head-And-Shoulders (H&S) on the 4hr chart. Upon breaking below the neckline, recent gains appear to be merely corrective before the downtrend is expected to resume. Entering at market price may not produce the optimum Return on Investment (ROI), which is why we opt for an entry order a higher price."
I cant post the direct link to it because if you did not get the signals you cant see anything. If you can tell me how to upload the chart I will do it.
Topic: Bitcoin Signals Experience (Read 1307 times)
I applied for new bitcoin trading signals for exchanges and CFD's (if you don't know what is a CFD, its fine). It was fairly cheap at the time and I thought I will give it a shot for a month. Although I am not supposed to publish this as it is a premium service I would like to get your opinion on this. This was the first signal I received today:
"Based on our technical analysis, a short (sell) entry order at $233.55 may produce the best results, targeting $223. For risk management purposes, the trade should be exited should Bitcoin reach $238. If you are trading Bitcoin as a CFD, a protective stop loss order may be used. If you are trading Bitcoin via exchanges, a future buy order for the same amount you have used to sell at $238 will reverse the trade and act as a protective stop loss order.
You will be notified via an email when updates regarding the above strategy are made. This strategy is relevant as long as Bitcoin is above $227.
*Please note that Bitcoin prices may vary from one exchange to another. To help you note the price differences between the charts on this page and the price you have in the exchange/trading platform, Bitcoin price at the chat above is $230.54 at 16:44 GMT."
If someone can tell me how I can upload the chart they used I will do it. What do you guys think? It is the guys that made that Bitcoin prediction that it will go down, https://www.ddmarkets.com/bitcoin-forecast-2015-note-the-bearis.
"Based on our technical analysis, a short (sell) entry order at $233.55 may produce the best results, targeting $223. For risk management purposes, the trade should be exited should Bitcoin reach $238. If you are trading Bitcoin as a CFD, a protective stop loss order may be used. If you are trading Bitcoin via exchanges, a future buy order for the same amount you have used to sell at $238 will reverse the trade and act as a protective stop loss order.
You will be notified via an email when updates regarding the above strategy are made. This strategy is relevant as long as Bitcoin is above $227.
*Please note that Bitcoin prices may vary from one exchange to another. To help you note the price differences between the charts on this page and the price you have in the exchange/trading platform, Bitcoin price at the chat above is $230.54 at 16:44 GMT."
If someone can tell me how I can upload the chart they used I will do it. What do you guys think? It is the guys that made that Bitcoin prediction that it will go down, https://www.ddmarkets.com/bitcoin-forecast-2015-note-the-bearis.
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