/biz/ - Business & Finance

Anonymous Tue Dec 18 06:34:56 2018 No.12156282 [View]
File: 62 KB, 1508x747, phxbtc17122018-2.png [View same] [iqdb] [saucenao] [google]

>>12156261

Here's the reason why I took profits at 250. The brown line is 25MA on daily chart. MA's are great cause they are dynamic resistances. After observing that momentum was slowing down and we wouldn't be able to breakthrough this MA and make our way towards the white line (99 MA) I took profits. Great trade for a nice 14% BTC and even more in USD since BTC was going up dollar wise meanwhile.

MA's on higher time frames are very respected. I use 9, 25, 99 and 200MA. I check them very regularly on 4h, 12h, daily and weekly charts.

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

Navigation
View posts	[+24]	[+48]	[+96]

/biz/ - Business & Finance

Search: