mekongriver

Wicked is good !!

BITFINEX:BTCUSD   Bitcoin
Hi ,
bah bah bah , just typed a lot of text but deleted it accidently.
Sorry , but use of tradingview still not OK for publishing. Here we go again.

Reversed Cup and handle not applicable , so removed..
On my theory there's plently of room to the upside when climbing on this speed.
So my expectation is BTC will climb calmly till +/- 25 April.
Till or slightly before this date , one can trade long.
Then it will turn and start a heavy down for a few days.
On 1 may , a hammer and then move up.
In the ideal scenario a bottom is placed between 6500 $ and 6000 $ ,
for a good decent strong bottom it should keep above this 6000 $ level.
Below 6000$ a turn around will occur to but the next high will be lower than !!!
This bottom has to be accomplisht by whales , they have 1 big disadvantage.
There big. Huh Duuh. I mean with this they can trade the market in very limited ways.
Accually only one , in a bottom , and that's exactly the way my scenario looks like.
The whales "play" is always very rude and agressive to scare as much people as possible.
Get in naked , at marketprice , without an initial stop. If it thumbles further than expected,
the 6000 $ level is strong and in worst case scenario it will bounce back to there....
Get yourself a bag of guts and remember : Wicked is good !! lol

Grtz , Mekongriver.

Penafian

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