Too High, Too Fast? A Bitcoin Cash Crash?
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Over 200% in a few weeks? We need a short plan!
A breakout from the support at $885 should bring a huge selloff where we can add short positions all the way down to the pivot support at $535. Be advised, there is a classic fibo support at $582 which can reverse the market pretty hard.
Here;s a closer look.
Cheers and GLWT!
-Erik
A breakout from the support at $885 should bring a huge selloff where we can add short positions all the way down to the pivot support at $535. Be advised, there is a classic fibo support at $582 which can reverse the market pretty hard.
Here;s a closer look.
Cheers and GLWT!
-Erik
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It was a totally crazy bull flag! I'll post a short idea later on...although, judging by the comments, you guys are not interested in those ones. Dagangan ditutup: sasaran tercapai
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Another totally crazy bull flag? lolDagangan ditutup: sasaran tercapai
1685$ HIT OMG WHEN DREAMS COME TRUE!I'm taking a break now with BCH
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Hahahahaha.... when i sold last night I did not imagine this kind of scenarioNota
Some short targets:The chart is so messy now that the price went so high
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Bring stops up to MIN TP $1153Nota
Ok, let's aim for MAX TP at $908. This is the bottom range of a classic support.Nota
Falling wedge reversal? :) We broke out of the major classic fibo resistance! Need the other chart to join us, tho.Nota
MIN TP hit! Then it fell apart... When dealing with these volatile things, particularly in a countercyclical trade context such as this, you hit your first targets and then break out trade after that.Nota
$1050 ish?Dagangan aktif
Dagangan ditutup: sasaran tercapai
YES!!!Nota
Countercylical bounce?Nota
Hit $905 even better! Ok, now we see the bounce?Nota
Below $1000 is bearish...for now we bullish (but its in a countercyclical environment, so overall bearish).Nota
New thread:
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