BlogHide Resteemscryptoaddict (55)in bitcoin • 5 years agoSupplement your Bitcoin futures trading with optionsI have been trading Bitcoin futures for 4 years now and only over the last year I have come to the realization that I can not be the best trader that I can be without two things: Portfolio Margin…cryptoaddict (55)in bitcoin • 6 years agoSimple #BTCUSD trading plan for the next two monthsBitMEX Deribit Daily chart short to 200 MA around $4,600 long the test of the 200 MA to new highs around previous congestion area short the new highs for a big retest of the…cryptoaddict (55)in bitcoin • 6 years agoEducated estimation of the next Bitcoin topI have been bearish on Bitcoin since December 16, 2017 when I made this post on Tradingview: That prediction turned out to be pretty accurate for the first phase of the bear market where was…cryptoaddict (55)in bitcoin • 6 years ago$BTC bear market bottom prediction (price and time)Price: $3,700 - $4,100 Time: Between Dec 24, 2018 and Jan 14, 2019 BitMex crypto currency futures trading platform - Get 10% of commissions for 6 months on BitMEX Deribit crypto currency…cryptoaddict (55)in bitcoin • 6 years agoXBTUSD bounce levelsXBTUSD bounce levels for an opportunity to enter a short trade if you missed the first leg down. BitMex crypto currency futures trading platform - Get 10% of commissions for 6 months on…cryptoaddict (55)in bitfinex • 6 years agoAre people getting out of Bitfinex?The Bitfinex cold wallet has lost more than 90,000 BTC in just over a month. What is going on? They had 230k BTC in their wallet on September 6, 2018. Now there are only 140k BTC. People might…cryptoaddict (55)in cryptocurrency • 6 years agoNew Trading StrategyI have outlined my Trading Rules in this post: They are still valid and the trading strategy adds a little more detail on the technicality of how the trade is executed rather than changing the…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 23, 2018Yesterday we had a $800 candle from the high to the low. Very similar day to June 10. All of the gains in the last 7 days were wiped out in a day. That is what bear markets do. We had a flip of…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 19, 2018Yesterday we had a $400 green candle. Some attribute the advance to the news that Square got a BitLicense from New York state ( We broke the $6,600 resistance that was holding the price for a few…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 18, 2018Yesterday the price mange to get to $6,575 only and could not break $6,600 resistance. So far today price is in an even tighter range. The TD indicator flipped back to red 1. Volume is very low as…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 17, 2018Yesterday's low was $6,320. I was expecting a little lower before a reversal. We need to break $6,600 with conviction to have a chance for a daily reversal and some more sustained upside. Daily TD…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 16, 2018Yesterdays prediction of price going to $6,400 was precise. I am expecting a reversal on daily chart to the upside today or tomorrow. It will be the best if we see price going down to $5,900-$6,100…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 15, 2018Price bounced to the $6,600 as expected with the help of the SEC news. The bounce does not look convincing however. The danger is still to the downside and we can once again retest the recent lows…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 14, 2018After 4 daily closes outside of the BB band and an oversold RSI we are bouncing. The first target for the bounce is the broken support at $6,600. The max bounce target is the $7,000-$7,150 area. The…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 13, 2018Yesterday we saw another relatively big red candle. The price is now hoovering at previous support levels in the $6,500-6,600 range. Bitfinex longs/shorts ratio is at 1.04 currently. Levels we have…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 12, 2018On the last daily update I mentioned that the best opportunity for a trade will be once we break the range $7,350 - $7,800. We broke to the downside for a quick $600. The price stopped at the TD…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 6, 2018Recent advance was unable to break above $7,800 and retested support at $7,350. Right now price is in the middle of this range. For the last 3 days price was held by the middle of the Bollinger…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - June 2, 2018Consolidation continues. Yesterday we stayed in the recent tight range and had a doji on daily. Today we should test the upper range again at $7,550-$7,600. MACD is about to cross up. Above $7,600…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - May 31, 2018Support at $7,300 held on the pullback yesterday and prices have bounced back. Above $7,550 is needed to continue to the next resistance at $7,800. Above $7,550 today will also create a daily TD buy…cryptoaddict (55)in cryptocurrency • 7 years agoBTCUSD Daily Chart update - May 30, 2018As expected we did get a big $500 bounce. We had bullish engulfing candle that closed near the highs. A close above 7,550 is needed to confirm a continuation towards the $7,800 resistance level. A…