orminlange

Next ISHS formation but greater than before

Panjang
orminlange Telah dikemas kini   
BITFINEX:BTCUSD   Bitcoin
Next ISHS formation but greater than before
Komen:
possible targets of doubled ISHS formation

Komen:
So setting up pending buy order @ 4500, with sl under red lines (but SL in mind not in exchange). First target around 4900 but only if divergence occurs if not, waiting for divergences on higher levels.
Komen:
long position opened @ 4550
Komen:

Can BTC do 4900? I think he should do.
Komen:
If Bitcoin touch 4900 SL in mind should be moved to entry point (4550USD). Every retrace from 4900 to 4500 will be for me bearish signal. But i hope that 4900 will be only shortterm obstacle to move higher to 5400-5500USD area.
Komen:
Ascending triangle did'nt worked so there is another one triangle as always in case of BTC


So i say HODL! :)
Komen:
Uff thanks God my TP worked this night well, was so close to not be hited, but this drop now is very bearish sign for Bitcoin.
Komen:
Around 60% of ISHS formation fulfiled, and i dont even hope that 100% will be touched right now. So i stay aside until i see next price pattern on chart. Buying dips is also uncomfortable to me.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.