Bitcoin actively testing 4100, break higher targets 4400 and beyond

in #cryptocurrency7 years ago (edited)

Hi guys, false start yesterday, but bears were rejected again at the broken trend-line and we're looking at a solid up day right now:

A break of 4100 looks imminent and this would target resistance at 4400. A break above 4400 would put focus back on the record highs around 5000. Short term remains bullish above yesterday's lows at 3840, and only a a reversal below 3600 would turn me neutral on this pair.


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It is like a chain reaction.
Without China bitcoin is pushing up.
Most of the crypto market shows positive trend this morning.
Wait and see !
Keep on steemit.

I'm not happy with today's PA so far, had all the ingredients for a break higher and it's really struggling ... see where she ends up ...

OMG has still got to go down. I was hoping NEO and OMG would keep going down so I could puck up what I sold, but they are at my sell levels ;(

Yeah I got out of NEO at breakeven at like $7 - probably the worst trade I've made this year.

  • What about the Bitcoin cash?

I hope it goes back up so I can dump it

@bulleth I Love all cryptos. Bitcoin going on a nice breakout to the upside is a wonderful sign. Do you think Litecoin is a bigger percentage gainer possibility than Bitcoin if we are on the way back up again ??

I honestly still haven't charted litecoin, I keep saying I'll do it every time someone brings it up ... but I mean generally, alts are more volatile than big daddy BTC so more profit potential :)

Things are getting exciting again!

Yep, I'm back in, not as large as I'd like to be, but oh well!

Sounds positive. Raised more overnight too. Keep us informed mate!

Good Call. Broke through 5K AUD which is good for us Aussies. Somehow AUD always sounds better than USD.
We all wish we had more but each to his own and You'll be happy in the end.

Yep the AUD price is just crazy lol I love it

Yeah, I've been watching in dismay sine I bought in at 3940 last week...but the words of Motley Fool kept reminding me that the overall trend is always up.
4100...yay! I only bought some to convert into Steem Power, as @JerryBanfield advises...

Nice work on holding out, if you are investing that is truly the best approach - no point getting caught up in the daily noise :)

Bitcoin Target EW Counts to $9,000:

I doubt it will go that high in a single wave, but you could be right :)

That wave (V) is a Minor degree so the Minute and Minuettes will flick and bounce around the support/resistances on their way up.

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Unless some sleazy banker decides to say its a scam.

and that he'll fire his traders for trading it, while internal memos are going out telling them to buy lol