Building A Bottom Base. Weekly Trades (7)

Not much profitable trading opportunities in the market right now. I’m going to stay out probably or trade only with smaller position. The USD hasn’t shown any signs of real weakness so BTC buyers lack a long-term commitment. On the other side we can see a bottom base forming with possible occasional dips down up to $160 zone.

Buy: 233    Stop-loss: 217       Profit Take: 243; 253; 263
Sell: 217              SL: 233                    PT: 210; 203; 190

Slowly Creeping Down Again. Weekly Trades (6)

As mentioned many times before: unless I see the US dollar turn down I can’t be bullish on bitcoin. BTC/USD is being traded as every other financial instrument.

Sell: 215 Stop-loss: 235 Take Profit: 205; 195; 185
Buy: 235 SL: 215 TP: 245; 255; 265

The Rollercoaster Is Back In Town! Weekly Trades (5)

Thumb up if you were riding that crazy shot up on Sunday/Monday night. Yesterday’s big move has retraced down to the buy point so if you believe the price can continue climbing up don’t hesitate to go long. For me Monday daily candle looks quite bearish and I think buyers are done for the next days and some sort of price adjustment is on the way.

Buy: 258    Stop-loss: 240     Take Profit: 275; 300
Sell: 240        SL: 258           TP: 220; 210; 200