Ryan Wilday - Cryptrocurrency Technician – Mon 4 Nov, 2019

Bitcoin – A Technical Outlook and Comments On The Safe Haven Argument

Ryan Wilday joins me today for a look into the Bitcoin and overall cryptocurrency markets. We start with a comment on the technical set up where Ryan shares his positioning and stops. Next is a general discussion about the safe haven appeal of Bitcoin.

Click here to visit the Elliot Wave Trader site and follow along with Ryan’s technicals.

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Comments:
  1. On November 4, 2019 at 2:27 pm,
    CFS says:
  2. On November 4, 2019 at 4:17 pm,
    Nigel says:

    So the message is it’s going to hit 18,000 pull back to 9,500, then break out above 19,000-20,000 and then shoot up to ‘six figures’ ‘just a matter of time’. Good knowledge, I better sell my gold then, wouldn’t want to miss out on such a dead cert.

  3. On November 4, 2019 at 4:43 pm,
    TripleV says:

    Maybe you should. Or better yet, have both.

  4. On November 4, 2019 at 5:16 pm,
    Fritz Bender says:

    I almost sold my Wallbridge shares when it was in the teens to buy some BTC. NOT!!!! Wallbridge is .53 currently.

  5. On November 5, 2019 at 9:32 am,
    larry says:

    https://tos.mx/k79Wxbg
    I closed my gdx short at 26.83 now since went in at 29.91…price is mid channel and the largish doji is smack in between TAS support and resistance…Maybe I get a retest of the upper channel line…GLTTraders