Bitcoin trading calls

Quoting Toboso01

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{quote} So, the $63,000 zone acted as a liquidity pool and proved to be strong resistance. Our 1st target was met with a strong momentum candle down to $61,870. The 1H candle now needs to close below it to clear the path for the 2nd target at $61,450. {image}

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Quoting nospace022

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I entered a long position at 62,727.1. I am targeting the 63,200-63-300 area, observing market reactions.

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Quoting Toboso01

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{quote} BTC is very close to my final target at $60,600. The $61,000 level was rejected three times before. I will see if bears can push it a little further; if I see the market stall here, I'll close out my positions for today. {image}

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Quoting nospace022

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{quote} I had a good hunch about hitting 62,200, and combined that with the sudden drop you wrote about, Olu, everything turned out to be true. Unfortunately, I didn't take any profits. At this point, I have no further insight into the future. Good luck

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Quoting Olu

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I left quite a bit on the table when I closed my last short trade. Painful but I an buoyed by the recovery from near 800points drawdoown from a trade I entered yesterday. This trade went on to a nice profit. I have put on a short again. Not full size and not full stop size as this wave3ish move is still going strong 60.8k has gone. Price could make it to the lower line 59.11k overnight' If this is the EW move I think it is then that low itself will go. Now I have seen many EW interpretations of the move down from the 82k area and some are clearly...

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Quoting MaGiix

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hello add an short here short 63067 sl 63730 tp59560 {image}

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Quoting MaGiix

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{quote} I’ve been looking into this over the past few days, and I do find that the current move aligns very well with Elliott Wave theory—it’s a great starting point to be able to observe it firsthand directly on the chart!

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Quoting MaGiix

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..nice day...

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Quoting Olu

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{quote} Yes MaGiix. It appears to align to it these days I use EW in its simplistic form (rudimentary). I look to characterise any chart into a 12345 - ABC pattern If a chart can clearly be classified then I'm game and I will trade with it and other price patterns. My best pattern is the expanding triangle. I don't think twice before trading that pattern. As per EW, count me out when we start to get to WXY and expanded flat patterns. Got another idea for you. My thoughts are that today's low should be taken out before we take out the origin of the...

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Quoting MaGiix

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{quote} yes, absolutely the simplest ya better. I'm going to learn what it is expanding triangle. For me, starting out, the tricky part is remembering the retracement rules and other criteria needed to validate a genuine EW setup. next book i order is about EW and i think to mark the major rules down of paper. about the another idea, yes i think im goin to trail my stop as long as possible and let it hit it, actualy risk free. edit: right after this comment a closed my long at 61014, its a good day, d'ont need to ruin it, tired and head not clear...

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Quoting ngonlip

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bitcoin if bellow 61,217 - levels TP bellow it of bulls can't find buyers here {image}

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Quoting ngonlip

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a closer look range here if no buyers >61,217 {image}

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