Bitcoin has been climbing for a long time now on declining volume but massive increase of price. MACD daily shows we have long way down and my target point for this bear run is 3500 USD.
Dagangan aktif
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I have very strong feeling we have topped, no more new ath's. There will be a very big dump somewhere in the future, it will be massive and fast.Nota
If we follow these fibs circles in my main chart, then there is lots of vertical "free fall space" from D to E, thus fast movement. I will be doing an update later this day, we could enter a 2-3 year bearmarket from this point on.Nota
For now 3500-3600 is still my target point. We should get support at these levels.Dagangan aktif
The great fall to 3600 could be today or tomorrow.Nota
Dagangan aktif
Congratz everybody who shorted with me from the top, we almost hit our 3600 TP. Closing now is an option to short again higher, we could even go lower than 3600 longterm so its up to you to hold or not.Nota
Massive sell off in China, from 26000 to 19800Nota
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3325 should be our ideal entry point to long the bounce.Nota
My entry zone is ranging from 3475 to 3325 and entries are spread to minimize loss.Nota
3325 HIT, still possible to go as low as 3200. BUT this is where I will buy for good bounce up.Nota
This chart should be taken lightly, the wigs could be too far down or up so the average should be our main guide. This segment is an overlay of 2013, how the bubble at that time broke down. What is important is that these structures follow certain ratios and that these are generally repeat in nature. I put the dates in the chart so you can get in indication how long this potentially will take and where we might go up. Save it somewhere, it will be useful! Nota
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We broke down 3200, support should act at 2850 USDNota
I think if 3000 holds as a floor we can swing back to 3600.Nota
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AMAZING SWING from 3000 straight to 3666! SHORT for nowNota
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Didn't meant to post this, but its fine anyways. I think 1H MACD and Stoch RSI say overbought. Looks like we are breaking down of this narrowly raising wedgeNota
Strongly advised to close any long now and wait till 1H bottoms. Nota
Bounce time! Nota
We hit above target. Continuation from hourly bearish can continue now.Nota
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Here we go! More down, and fast.Nota
Going straight to our target! Panic selling :)Nota
The rumour is that china will ban all foreign exchanges and will blacklist those even for VPN not accessible.Nota
Overall BTC is looking bearish. We get hardfork in november, huge volatility swings at the moment and uncertainty in china which is a large contributor to trading volume and price.Nota
Seeing a somewhat similar structure here. Nota
Bitcoin retracing at the moment upwardNota
Downward indication Nota
Today or tomorrow will again be an interesting day, we either break down here or go more up. Expect volatility.Nota
A strong bullish wave can be present. Breaking out of downtrend likely.Nota
Target 3705 USDNota
This could be the big bulltrap we are waiting for or point B of major ABC. The ultimate target of this is 4080. Closing any shorts around this level is advised since trading range is very narrow and can break down easily followed with a major dump.
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Rebuy zone at 3670-3720Nota
I will be making a new chart, to keep it clean. The downtrend served it service so far and we did create a doji at (E), which means we are up for a small retrement upwards.Dagangan ditutup secara manual
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Good small bounce at point E. Check out my new chart!
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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.
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.