BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Click "share" - "make it mine", right click the top red line and add alarm saying "sell btc now". If you have premium membership it will also send an sms and an email (tick in the boxes for those). The absolute highest possible I see BTC going before another good correction is touching that red top line. The top redline is slightly tilted down from the actual trendline , this is done to make sure the alarm goes off (in case the peak would have just slightly miss the line).

I won't call if we are still in correction and won't go that high, nor will I call to long it. This is just for convenience of those who already have BTC in their account and/or are long BTC .
Comment: To give at least a bit of my view, here:

I may have shorted this, with stop loss slightly above that middle red line (which we bounced off of just now and target around 5100s and depending on what the price and volume do later, maybe a lower final target.

Note, that middle resistance/support line is starting way back at $1800s, so it's pretty strong (resistance, in this case) zone.

Comments

Wow. You completely missed the correction at 161.8. Lol that is bizarre
Reply
profghibli ChartsOnTime
@ChartsOnTime, oh yeah this was based on the channel. we broke that channel, the idea didn't work out.

what is bizarre?
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ChartsOnTime profghibli
@profghibli, that you thought it will grow forever. The 19k hit was a 161.8% FIB level
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profghibli ChartsOnTime
@ChartsOnTime, you assuming that me just using rays instead of lines to draw the boundaries of a channel means I thought it's gonna grow forever (while you can tell I know TA and thus have basic understanding of how market works) is bizarre. This is a very simple and short idea yet you couldn't even read the text under the idea yet you as for me checking out and commenting your idea. You are an interesting individual.
Reply
ChartsOnTime profghibli
@profghibli, no you put a next price of 5100s
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ChartsOnTime profghibli
@profghibli, i misread it. lol trying to sell wings sorry cant multitask obviously
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profghibli ChartsOnTime
@ChartsOnTime, Ah, no problem. I think you misunderstood a bunch of stuff, when talking about EWs earlier too. Anyway, I should go sleep. I'll check out your idea tomorrow. Looks interesting, but too tired to read into it now.
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ChartsOnTime profghibli
@profghibli, Yeah WINGS just got me 80% so I couldnt miss it lol finally sold it so I can now go to bed too. thanks
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profghibli ChartsOnTime
@ChartsOnTime, oh that explains your super talkativeness today and not being able to focus on stuff and just rambling lol. too hyped.
Reply
ChartsOnTime profghibli
@profghibli, it happens. nowadays is hard to catch a coin about to explode. lol ttyl man. i need to go to bed i work tomorrow.
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