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Bitcoin trading calls

  • #1,421
  • Jun 9, 10:18am (25 hr ago) Jun 9, 10:18am (25 hr ago)
Bitcoin buy 61550 to 59000 buy range
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  • #1,422
  • Jun 9, 10:28am (25 hr ago) Jun 9, 10:28am (25 hr ago)
Quoting MaGiix
{quote} i think we have same point of wiew just add to my position sell 62429 sl 62719 tp 60500 if it goes, The target would be around 60500,but i didn't close it at this point just going to trail my sl, generally i cut too early will try this time to make it not happen will see if it goes trough the support low. {quote} seconde chart:That's a risk too, what do you think? {image} {image}
Well done MaGiix
I knew that patience will reward us.
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If you think you can or cannot do it you are correct
  • #1,423
  • Jun 9, 10:34am (25 hr ago) Jun 9, 10:34am (25 hr ago)
Hey everybody
i think if the market break the support in 61 170 we can go search the liquidity in 59 104
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  • #1,424
  • Jun 9, 10:46am (24 hr ago) Jun 9, 10:46am (24 hr ago)
Quoting arjunconacle
Bitcoin buy 61550 to 59000 buy range {image}
Hi Arjunconacle,
Welcome to the thread
Are you talking about accumulation or are you saying sell 61550 down to 59000?
If you think you can or cannot do it you are correct
  • #1,425
  • Jun 9, 10:50am (24 hr ago) Jun 9, 10:50am (24 hr ago)
Quoting tyopafe19
Hey everybody i think if the market break the support in 61 170 we can go search the liquidity in 59 104 {image}
I agree 100%.
The downmove is slowing though and I expected more downside that this in the light of the fall in the NAS100.
Buy the way guys, I broke my own rule today. Sold bitcoin and sold the NAS100.
Worked out today but really it is like taking on more risk as bitcoin correlates to the nasdaq - most times
If you think you can or cannot do it you are correct
  • #1,426
  • Jun 9, 10:58am (24 hr ago) Jun 9, 10:58am (24 hr ago)
I took position
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  • #1,427
  • Jun 9, 11:05am (24 hr ago) Jun 9, 11:05am (24 hr ago)
Quoting tyopafe19
I took position {image}
Is this a new position?
If you think you can or cannot do it you are correct
  • #1,428
  • Jun 9, 11:06am (24 hr ago) Jun 9, 11:06am (24 hr ago)
we can see the retest for the confirmation
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  • #1,429
  • Jun 9, 11:13am (24 hr ago) Jun 9, 11:13am (24 hr ago)
Quoting tyopafe19
we can see the retest for the confirmation {image}
If the stock market continues to be weak we could see 60.2k today
I am being careful though. I will not hesitate to bail out on signs of strength
If you think you can or cannot do it you are correct
  • #1,430
  • Jun 9, 11:15am (24 hr ago) Jun 9, 11:15am (24 hr ago)
By the way guys, everything is collapsing. Is there any news?
If you think you can or cannot do it you are correct
  • #1,431
  • Jun 9, 11:53am (23 hr ago) Jun 9, 11:53am (23 hr ago)
Indeed there is new news. Trump threatening to respond to the shooting down of US Apache helicopter.
Bitcoin behaving erratically. I expected more downside. Instead got a firming up of price a bit.
I am flat everything now for today
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If you think you can or cannot do it you are correct
  • #1,432
  • Jun 9, 4:45pm (18 hr ago) Jun 9, 4:45pm (18 hr ago)
Perhaps the strength is now done and price will rollover from here
Laying on a small short here with a tight stop
I will start to get comfortable if the immediate low is taken out.
If the red line is taken out this trade idea has failed although I might close it before then
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If you think you can or cannot do it you are correct
  • #1,433
  • Jun 10, 5:01am (6 hr ago) Jun 10, 5:01am (6 hr ago)
Quoting Olu
Perhaps the strength is now done and price will rollover from here Laying on a small short here with a tight stop I will start to get comfortable if the immediate low is taken out. If the red line is taken out this trade idea has failed although I might close it before then {image}
Price touched the last low and bounced off it.
It is trying to print a doji candle off the area right now.
Will sell on any strength observed.
We have serious US data to be released today.
This data can modify trader thinking going forward because it determines or at least adds to the argument whether interest rates in the US are going up soon or now.
So I am keeping an eye on things closely...
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If you think you can or cannot do it you are correct
  • #1,434
  • Jun 10, 5:58am (5 hr ago) Jun 10, 5:58am (5 hr ago)
What should I do
  • #1,435
  • Jun 10, 7:39am (3 hr ago) Jun 10, 7:39am (3 hr ago)
You were right olu lots of news this afternoon, I got kicked out
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  • #1,436
  • Jun 10, 7:39am (3 hr ago) Jun 10, 7:39am (3 hr ago)
Quoting Devanshuarya
What should I do
Hi Deva,
The trend in bitcoin is down but there is a current threat of a retracement before we get to 50k imo
If you think you can or cannot do it you are correct
  • #1,437
  • Last Post: Jun 10, 7:43am (3 hr ago) Jun 10, 7:43am (3 hr ago)
Quoting tyopafe19
You were right olu lots of news this afternoon, I got kicked out {image}
Kicked out as well from tightened stops.
The data was good for the markets and the stock markets are up nicely.
It did not add to the urgency to increase US interest rates.
So we are back to other fundamentals like the war and trader euphoria about the IPO with a bit of the interest rates in the background
As bitcoin, sometimes, is a pseudo-tech product coupled with oversold conditions it went up
I am still bearish but will take a long if I feel it is tradable
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If you think you can or cannot do it you are correct
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