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Thread: Bitcoin

  1. #277

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    Default Re: Bitcoin

    Thanks nnnut for the video and Tom for the chart. D-7's target was hit perfectly and I grabbed some GBTC this morning in both my IRA and trading account at ~$600.

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  3. #278

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    Default Re: Bitcoin

    China's actions could soon be seen as bullish rather than bearish on digital currencies...

    https://www.financialsense.com/value...what-happening

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  5. #279

    Default Re: Bitcoin

    Quote Originally Posted by clester View Post
    Thanks for the insight. I bought some btc at 3500. I'm buying small until I can get a good feel for it.


    Sent from my iPhone using TSP Talk Forums
    Sold at $4000. I really like the GDAX site and trading was very easy. Looking for another buying opportunity. I didn't make much because of the small trade but at least it was a positive experience.
    100 G
    RSI - Relative Strength Indicator DMA - day moving average


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  7. #280

    Join Date
    Jun 2004
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    Boiled Peanut, Georgia, USA
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    76,393

    Default Re: Bitcoin




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  9. #281

    Default Re: Bitcoin

    Quote Originally Posted by clester View Post
    Sold at $4000. I really like the GDAX site and trading was very easy. Looking for another buying opportunity. I didn't make much because of the small trade but at least it was a positive experience.
    Good job selling at $4000. I was looking at a 15 minute chart and a cup and handle formation showed a possible $4100 target yesterday. It only got to about $4045 and I missed a chance to sell. Those 15 minute charts work OK, but not as reliable.

    The daily chart still looks just OK, because I didn't like the lower low yesterday. Now if it gets above $4100 it would be a great sign, but that will be a tough area to crack today.

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  11. #282

    Default Re: Bitcoin

    Quote Originally Posted by tsptalk View Post
    Good job selling at $4000. I was looking at a 15 minute chart and a cup and handle formation showed a possible $4100 target yesterday. It only got to about $4045 and I missed a chance to sell. Those 15 minute charts work OK, but not as reliable.

    The daily chart still looks just OK, because I didn't like the lower low yesterday. Now if it gets above $4100 it would be a great sign, but that will be a tough area to crack today.

    Looks like you'll get your chance today. Right at 4100 as I write.
    100 G
    RSI - Relative Strength Indicator DMA - day moving average

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  13. #283

    Default Re: Bitcoin

    Quote Originally Posted by tsptalk View Post
    Good job selling at $4000. I was looking at a 15 minute chart and a cup and handle formation showed a possible $4100 target yesterday. It only got to about $4045 and I missed a chance to sell. Those 15 minute charts work OK, but not as reliable.

    The daily chart still looks just OK, because I didn't like the lower low yesterday. Now if it gets above $4100 it would be a great sign, but that will be a tough area to crack today.

    Looks like you'll get your chance today. Right at 4100 as I write.
    100 G
    RSI - Relative Strength Indicator DMA - day moving average

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  15. #284

    Default Re: Bitcoin

    Quote Originally Posted by clester View Post
    Looks like you'll get your chance today. Right at 4100 as I write.
    Still holding. That $4100 was the 15 minute chart short-term target on Saturday. Now That's it's made a higher high on the daily chart, I'll hold. Looks like the $4240 area will be the next level of resistance to try to crack, but it's not very strong resistance at this point.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  17. #285

    Join Date
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    Default Re: Bitcoin

    Quote Originally Posted by Tsunami View Post
    Thanks nnnut for the video and Tom for the chart. D-7's target was hit perfectly and I grabbed some GBTC this morning in both my IRA and trading account at ~$600.
    Wow, so I probably should have held but I sold my GBTC in both accounts (20 shares each) at $738-$740 this morning and made over $2K in both accounts, in one day basically. Still holding my 10 ethereum with no plans to sell...I almost bought 10 more over the weekend but it hit my buy price of <$2500 including fees (Coinbase sets a maximum weekly bank transfer limit of $2500 unless you request a higher limit) overnight and I missed it. I need to do that transfer to GDAX....but I also saw over the weekend that Coinbase set up a U.S. dollar account for me that will now eliminate the 3-day hold on buying/selling, so maybe I'll skip the GDAX move.

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  19. #286

    Default Re: Bitcoin

    I also bought ethereum over the weekend.

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  21. #287

    Default Re: Bitcoin

    looking at buying btc again if it gets down to the trend line from July low to the recent low. Have some ETH I've been holding for a few months. Been pretty quiet in the crypto world. Consolidating?
    100 G
    RSI - Relative Strength Indicator DMA - day moving average

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  23. #288

    Default Re: Bitcoin

    Not much movement the last two days. It is either forming a bull flag, or it just hit a lower high.




    I have 2.XX btc coins right now and don't have a warm fuzzy feeling, but that could be a good sign.

    I also have some litecoin that's been holding on.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


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