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RE: 12/19/2017 The Market View and Trading Outlook
Yeah, it hasn't worked out like I hoped...
On the 15 minute chart, it takes an hour to creep up... then gets slammed straight back down again in just a few minutes. I'm pretty much at B/E point now. I think it'll climb slightly over the next 30 minutes and then I'll get out. I knew it was a gamble, but an interesting little experiment to see if I could pick the bottom.
17,500 on the nose according to bitfinex.. its a bull vs bear battle right now...
Ha... and I'm out.
I'm out and will come and play another day! It's very much on it's way down...
I mean you seriously have to give me some props on that call.. come on mate' I do this shit for a living.. feeling kinda cocky.. that was a ride.. wow!!!!!! down and back up 2k in 3 minutes.. some folks just made a killing.... and some lost everything.. would of sucked so bad to sell at 14000 on gdax to see it back at 16 one minute, later.. gotta get back to the trade in case this shit ain't over...
Hahahaha, I actually read your comment like 20 times over... while looking at all the candlesticks on Bittrex and couldn't believe when it hit $17,419 and then headed straight down.
I was like 'goddammit... I can't believe he was that right'. haha.
I watch these charts, so you know where I am pricing and predicting from... https://cryptowat.ch/bitfinex/btcusd/5m
Rule #1 In most cases follow Bitfinex, what they do the rest of the market will typically follow. So on there chart which is where I was making my prediction we turned south at EXACTLY 17,500 with a low of 15,675... I'm not sure the ride is over yet.. it's messy out there..