Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I gave you guys a no-brainer trade setup and told you when the big move was gonna come.
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.
This could e a ridiculous big move that is gonna take us a lot lower. Why not stay safe?
How many didn't listen?
Timing the BTC markets is easy as fuck
I told you to buy the breakout if we break the big triangle up, short if we break the triangle down.
This could e a ridiculous big move that is gonna take us a lot lower. Why not stay safe?
How many didn't listen?
Timing the BTC markets is easy as fuck
Next big move should come in a few days (4-6 max)
Wait for volume to confirm a breakout/breakdown.
If big volume confirms a break in either direction, it should be a major move.
Wait for volume to confirm a breakout/breakdown.
If big volume confirms a break in either direction, it should be a major move.
You don't need to guess beforehand. That's the point. You short the breakdown (if we go down) or you long the breakout (if we go up) when we exit the triangle trying to get the best fill. Only if volume confirms it though.
indeed nice set up
but i have been out of bitcoin mostly the last 6+ months
still hold some alts though which have stayed relatively steady dollar wise
i won't btc until is see them do something to address scalability: transaction per second and block time scaling
and we all know that ain't gonna happen any time soon... only a dead coin can survive a hard fork like that for a resurrection