BTC 26/01 - day of order volume!

in bitcoin •  7 years ago 

hey ppls,

just a short quote about todays BTC trading.

There are alot of interests in some ppl to see low btc prices these days to place new contracts.
Question will be, how cheap could they get in, watch order volume carefully!

right now were stuck in triangle correction, is it finished yet? maybe they have enough power, trigger another hard short candle followed by blazing buyback +12.000USD.

orderbooks look good, we have great support at 10.250.
if they cant break this support area, buyback will be even more strong.
lets see what happens :>

today its worth watching exactly.
i don t know if its already time to go long. what do you think?
how many attempts we will see to break this triangle down?

BTC26-01.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I see here a symmetrical triangle as a continuation pattern. The continuation of the downtrend:

parallel.png

Thanks for sharing your vision, @fluffyblockchain!

appreciate your participation at this discussion @dkn

you're right thats also a possible technical continuation.

the big boyz will decide on their next future period weather its 'cheaper to make profit. long or short.
they had pretty bad time last short period.
be aware if they decide long, we all waiting and will rebuy when they already have their profit!
thats how future trading at CBOE works.

small important update:
BTC26-01-update.jpg