Bitcoin and cryptocurrency trading thread

[Joules MM1]

Chart Image

www.tradingview.com

price fails to make cursory (relative sized) fractal (at several degrees of trend) ?
observing the levels allows transacting at the levels set, theyre levels of permission based on the structure
but not in a single layer, rather analogous to dynamic print, not so concerned at every move about intent
the auction is going thru "process" ......we need only be on the look out for the obvious trap which is itself difficult to do
while dealing with process

everything works until it doesnt

 

[Joules MM1]

Chart Image

www.tradingview.com

prefer the sell still, no clean signal buyers want to push the subject, liquidity gang keep on keeping on

 

[over9k]

I've got about 15% cash ready to pull the trigger joules

 

[Joules MM1]

I've got about 15% cash ready to pull the trigger joules

(sneaks up behind @over9k with large blown-up paper bag ...)

 

[Joules MM1]

Chart Image

www.tradingview.com

37629 xbt level for bulls to protect, a clean leg up so far, small res at the standard length

 

[noirua]

Publicly-Traded Firm Gears Up To Become One of the Largest Bitcoin Miners After $120,000,000 Deal - The Daily Hodl

Crypto mining giant Marathon Digital is primed to become one of the largest Bitcoin miners in the world after inking a multi-million-dollar deal.

dailyhodl.com

 

[noirua]

Elon Musk Says Tesla Owns Close to 42,000 Bitcoin Worth $1.60 Billion - The Daily Hodl

Tesla chief executive Elon Musk has opened up about the electric car company's total Bitcoin (BTC) holdings.

dailyhodl.com

 

[Joules MM1]

not the kitchen sink just the handbasin ....
post one of three

 

[Joules MM1]

two of three

 

[Joules MM1]

post three of three

 

[over9k]

Not sure how many of you mine as well but my rigs have enjoyed a nice bump in profitability today too

 

[Joules MM1]

Chart Image

www.tradingview.com

slump

 

[Joules MM1]

looks like a simple ABC down (B was a triangle) C = A at 100%
that's a guess as i have not seen the confirmation signal yet,
breaking back below 38723 front month would be a good indicator much larger sell game is on
.... a trap was set

 

[Joules MM1]

trap, batman !

and we're selling

 

[peter2]

Holy Crypto, Batman I've been trapped by a fake out.

Patience Robin, you don't buy out of session break-outs. We'll buy when price gets into the Batzone.

 

[over9k]

What makes you say that that's the batzone @peter2 ?

 

[peter2]

Price structure, Robin. You've got to learn your ABCs.

Golly, Batman price is in the zone now. Can I buy now? Not yet Robin, we go down to a smaller timeframe and wait for a low risk buy setup. This could be a 123BatLow or a Bat Reversal candle.

 

[over9k]

So do I expand my mine or not?



(I am)

 

[peter2]

Batman, there's the Bat Engulfing candle (5m chart). I'm trying to buy but the platform won't let me.

Yes, Robin that's because our setup is so small that we can buy more but the broker margin limits our order. The leverage limits on crypto have been set very low so that the good citizens of Gotham won't get into financial difficulty.

Golly, Batman I forgot about that. Sure was decent of the Gotham City ASIC committee to think of that.

Yes Robin, it's amazing to see what they come up with over tea and scones.

Edited (by Alfred). The broker that Master Robin is using didn't allow him to trade ETHUSD but BTCUSD is OK to trade.

 

[noirua]