A lot of market participants seem to be following this developing iH&S. This is why it likely will fail to complete.
- I'll long the bottom of the right shoulder once confirmed
- I'll build a short position between 6800-6950
few big players still move this market, distribution of bitcoin has basically just begun. unlikely that 6k is the bottom; it's still a decent price compared to 1 year ago (1D close of July 12, 2017 was at 2,386 --> +151% to 6k).
BUT: big accounts have no interest in a crash; they want an enduring bleed to load off on the rallies. a panic scenario would scare away buying volume for years.
- I'll long the bottom of the right shoulder once confirmed
- I'll build a short position between 6800-6950
few big players still move this market, distribution of bitcoin has basically just begun. unlikely that 6k is the bottom; it's still a decent price compared to 1 year ago (1D close of July 12, 2017 was at 2,386 --> +151% to 6k).
BUT: big accounts have no interest in a crash; they want an enduring bleed to load off on the rallies. a panic scenario would scare away buying volume for years.
Dagangan aktif
set buy order at 6167.5Dagangan ditutup: sasaran tercapai
many thanks!
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.
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.