Think Bitcoin will follow this pattern, first it will make an attempt for the 10K and ater that it will probably fall out of this wedge to drop towards the previous low for a chance to make a double bottom. Now short term i think it will make a last small drop towards 8800 to rise up quickly towards the 10K
Nota
And again the sideways action is fooling most. Looked like it was really turning up and ready to break out upwards, npw it's at the 8800 and looking to drop further. I am still flat and waiting. If i missed than i missed :) Cant have them allNota
Back home again, so I completely missed this drop. I really thought it would make one more upswing, like a fake breakout upwards. For now it did exactly what I thought, drop to make a double bottom. When I started this idea, I thought it would go up again after the double bottom, but since it did not even get above the 9500, the weakness is even worse than I thought! This could get very very ugly for the bulls. There is no telling to where this could go the coming weeks/months. I thought a quick drop to 5k would be to much, but now? It could be done easily. But I am not getting in the market now, maybe short is if it rallies back up towards 8800. There is no bounce here, so big chance it drops even further. It’s alle guessing nowNota
I closed half with 230 points profit, just to sure, sto for the rest at entry levelNota
I am jumping back in around 8310 with the half i closed, all with a stop at 8150Nota
It's taking to longNota
I am out at 9270Nota
Like i said before, it was taking to long, therefore i closed the remaining with a small profit. Now i will probably make another attempt somewhere around the 8100/8120Nota
8100 it is, stop just below 8000Nota
Stop at 9740 now, close oneNota
Its making a flag, not looking good!!Nota
I have closed half at a bit above even money. Got a bad feeling, seems to be making a flagNota
I am out, minimizing the lossNota
i think one more drop towards the 7850, i will go long around that levelPenafian
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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.