Bitcoin BTCUSD Bitstamp - Monthly Downtrend Time expired

8 sept. 2015

Time has expired for Bitcoin to decline and the price "failed" to drop to the suggested targets. It looks as if Bitcoin has upside to rally back to the previous mode in the next 9 months.

Look at the previous forecasts on Bitcoin to see how these trade setups have done and how they worked. Lately the methodology has been a little choppy after working so perfectly for so long.

436 upside potential (~ +80%)
196 stop loss (~ -20%)
4:1 reward/risk ratio

Tim

10 nov. 2015

Trade fermée: cible de profit atteinte

Anything over $436 was a bonus - $502 was the high.

1 nov. 2016

Note

Thanks for re-viewing this long term idea from a year ago. The monthly time frame is a solid time frame from which to view the trend of Bitcoin, even though Bitstamp is not the dominant market for Bitcoin.

It's great to see low risk, high return trades pan out using the logical construct of "Time At Mode".

Tim November 1, 2016

17 nov. 2016

Note

Here's my update as of Nov 17, 2016 8:15AM EST