The Tahoe Trader @TraderTahoe

zerohedge.com/crypto/luongo-…

A factor of 3x on chain average paid price for current circulating bitcoin supply equals risk When this normalizes (at higher or lower prices), that's when taking on irresponsible long leveraged exposure is less risky == big profits Now is not the time

Day by day support continues to build, now moving up to include 18500, from weak to strength; fomo above 20500. #btc $btc

#btc Had our suspicions about a sustained move through the ATH but support continues to build at 18200-18300. Still no solid resistance in the way...now just a mental game.

#btc Turns out 17300 was a great level of support/accumulation. Wide open for higher prices but suspect resistance to build at 20000, even a correction.

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#btc @100trillionUSD In order to see #PlanB @100trillionUSD price of $100-$288K someone needs to be buying at successive ATHs. Does your trading plan include this? And can you emotionally execute these buy signals at higher and higher levels?

#btc Resistance/support levels have cleared. Price can move up, if anyone is buying at this level.

#btc Building support at current level for ATH? Best support level for a pullback/blow off top is 17300.

There's a bunch of holders looking to exit from 2017 positions. So this will be the first level of support for adding to existing position for possible new ATH.

#eth #ethereum Perhaps the last major resistance hurdle before air gap to 750.

#btc Bitcoin price is up against the last major resistance hurdle to new ATH. Yes, it's a large area to conquer - multiple attempts and rejections. Many will leave, seeing only profit and not potential.

#eth And now that resistance has been taken is $500 finally possible?

#btc Can we get a close above resistance?

#btc Not biting here on the long signal. Fib retracement at a critical level, so will just watch for a while. Currently no alt signals either.

#btc Once again Bitcoin price stopped at 13900 level; this resistance pattern goes back to Jun2019. Continued price action like this makes it more difficult for new highs without a major reset first - maybe 11400? x.com/tradertahoe/st…

The Tahoe Trader @TraderTahoe

4 years ago

#btc Once again Bitcoin price stopped at 13900 level; this resistance pattern goes back to Jun2019. Continued price action like this makes it more difficult for new highs without a major reset first - maybe 11400? x.com/tradertahoe/st…

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#btc Bitcoin has once again entered the last major resistance hurdle before pushing to new highs - a big if at this level. It can't take long to get thru 13900-14400 or it's back to 11400 support again.

#xmr Huge possibilities again for Monero above 140.

#btc Is 13,900 out for now? Break below ma support, with an exit signal. Watch for a retest of the ma. Best support is at 11,400.

#btc No limit to the upside beyond 13,900; but protect profits at some ema in case it drops back to support at 11,400.

#dot If your trading system signals only to the long side, if you are of the belief cryptos can only go up, then continue; just use stop losses carefully. If your system can short then there are many current opportunities.