Topic: PnF TA - page 18. (Read 190667 times)
Whats the interpretation of them? Do you see the price dripping to meet the green support lines?
Most important chart here.
I own this market.
Just wanted to step in and say that I'm loving the updates and the service, even though I'm currently not subscribed.
I just don't have enough time to trade too often, but I'll be happy to subscribe soon.
Cheers.
Thanks, take care! I just don't have enough time to trade too often, but I'll be happy to subscribe soon.
Cheers.
Just wanted to step in and say that I'm loving the updates and the service, even though I'm currently not subscribed.
I just don't have enough time to trade too often, but I'll be happy to subscribe soon.
Cheers.
I just don't have enough time to trade too often, but I'll be happy to subscribe soon.
Cheers.
BFX broke 700$
Let's see China...
Let's see China...
I expect 2 scenarios:
1) BTC retraces. ALTs go nuts again.
2) BTC breaks out again. ATH will be violated until Friday (max at weekend).
ALTs suffer loses but not so big as most expect. After ATH is broken, they go nuts too.
1) BTC retraces. ALTs go nuts again.
2) BTC breaks out again. ATH will be violated until Friday (max at weekend).
ALTs suffer loses but not so big as most expect. After ATH is broken, they go nuts too.
Kind of what I expect too, "nuts" won't happen overnight though.
Plan is to buy more BTC lol 
If I fail, well at least I tried
If I fail, well at least I tried
If I had your confidence about BTC undefeatability, life would be much simpler. Buy alts low, sell them high. Every time I want to sell alts high, I have to weigh in that Bitcoin's odds of survival haven't been rising; to the contrary. End of rant.
I should have clarified that (so in a sense I have not sold).
I am bullish BTC long term (BTCUSD, BTCCNY etc) so there is no need IMO to ever go fiat in trades.
I have seen better results increasing my gains through alt trading (they have insane percentage gains) and I do not suffer from the greed/fear issues I have with BTC fiat pairs. Same gains with btc/fiat can only be achieved with margin (more than x5) which is extremely risky.
I expect 2 scenarios:
1) BTC retraces. ALTs go nuts again.
2) BTC breaks out again. ATH will be violated until Friday (max at weekend).
ALTs suffer loses but not so big as most expect. After ATH is broken, they go nuts too.
Agree with you on ALTs, people tend to think they are weak when btc rise, but if you compare against Fiat they are showing good strenght, and as soon as BTC calm down, they'll show good strenght against it (even though some alts are already showing strengh against btc).
Plan is to buy more BTC lol
If I fail, well at least I tried
If I fail, well at least I tried
If I had your confidence about BTC undefeatability, life would be much simpler. Buy alts low, sell them high. Every time I want to sell alts high, I have to weigh in that Bitcoin's odds of survival haven't been rising; to the contrary. End of rant.
I should have clarified that (so in a sense I have not sold).
I am bullish BTC long term (BTCUSD, BTCCNY etc) so there is no need IMO to ever go fiat in trades.
I have seen better results increasing my gains through alt trading (they have insane percentage gains) and I do not suffer from the greed/fear issues I have with BTC fiat pairs. Same gains with btc/fiat can only be achieved with margin (more than x5) which is extremely risky.
I expect 2 scenarios:
1) BTC retraces. ALTs go nuts again.
2) BTC breaks out again. ATH will be violated until Friday (max at weekend).
ALTs suffer loses but not so big as most expect. After ATH is broken, they go nuts too.
This is the moment when you sell all your BTC and buy back at 700$ or 470-520$ area.
Yet again?
Buying back at 600+ was not so bad. You lost a small percentage of BTC, so what?
I agree, that kind of cautious approach is good for traders.
Plan is to buy more BTC lol
If I fail, well at least I tried
If I fail, well at least I tried
If I had your confidence about BTC undefeatability, life would be much simpler. Buy alts low, sell them high. Every time I want to sell alts high, I have to weigh in that Bitcoin's odds of survival haven't been rising; to the contrary. End of rant.
Oh boy, the 15m close chart will give a triple top break in a breakout, just realized it 
Seriously now, another leg up will make this big time banana, my take profit then will be around 30% (eg 28%) increase in 24h (see bitcoinwisdom front page).
Then I am closing computer and will not check BTC price for a week...
Then I am closing computer and will not check BTC price for a week...
Nice try PnF peoples. I'm not selling anything.
Good for you.You do have to take profit some day though, if not you don't need TA.
If yes, what is your method defining the take profit?
Also, I explicitly say to rebuy 700+ AND 15m close 4800+ (to avoid a bull trap).
When you're ready to take profits from Bitcoin, you won't have to
Seriously, should one take profits in depreciating fiat full of centralised risks? It's a big question that can make one refrain from selling at all. Hopping between Bitcoin and alts can be a safer option at this turbulent time. Sorry if this is off topic.
If I fail, well at least I tried
Nice try PnF peoples. I'm not selling anything.
Good for you.You do have to take profit some day though, if not you don't need TA.
If yes, what is your method defining the take profit?
Also, I explicitly say to rebuy 700+ AND 15m close 4800+ (to avoid a bull trap).
When you're ready to take profits from Bitcoin, you won't have to
Seriously, should one take profits in depreciating fiat full of centralised risks? It's a big question that can make one refrain from selling at all. Hopping between Bitcoin and alts can be a safer option at this turbulent time. Sorry if this is off topic.
Nice try PnF peoples. I'm not selling anything.
Good for you.You do have to take profit some day though, if not you don't need TA.
If yes, what is your method defining the take profit?
Also, I explicitly say to rebuy 700+ AND 15m close 4800+ (to avoid a bull trap).
Nice try PnF peoples. I'm not selling anything.
This is the moment when you sell all your BTC and buy back at 700$ or 470-520$ area.
+1
PS. 470$ - 520$ is for buy and hold. I'll try to catch the falling knife around 570$, should then retrace up 60%.
570 is a medium term trade.
This is the moment when you sell all your BTC and buy back at 700$ or 470-520$ area.
Yet again?
Buying back at 600+ was not so bad. You lost a small percentage of BTC, so what?
This is the moment when you sell all your BTC and buy back at 700$ or 470-520$ area.
Yet again?
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