iBeardy

iBeardy Updated 

Hello.. comparing BTC to the last bulltrap.. i can see again another Bulltrap forming. Reasons: Too much resistance on the upper side NVT still didnt show oversold market (i trust this indicator) Its too early for a bullmarket Lower lows means higher highs We are STILL in the big falling wedge (Which i will show in the comments) I expect the pump...

iBeardy Updated 

Hello.. i can see that BTC is forming another bulltrap which will happen tomorrow! And my short position will be at $4100. As you can see, the high of the triangle matches PERFECTLY with the last lower high from 8th january!

iBeardy

As you can see.. we have 3 very similiar looking patterns. My guess for the move in the next 24hours: The price falls down in the next 24hours to $3550.. to the 61.8% Fibonacci.. Then go a bit sideays.. Then fall more down to $3500 to the 88.6% Fibonacci

iBeardy

As you can see.. we have 3 very similiar looking patterns. My guess for the move in the next 24hours: The price falls down in the next 24hours to $3550.. to the 61.8% Fibonacci.. Then go a bit sideays.. Then fall more down to $3500 to the 88.6% Fibonacci

iBeardy

1. Downtrend 2. On the Daily and Monthly timeframe you can see, that the volume is lower and lower 3. First resistance line is Fibonacci at 23.6% 4. Second resistance line is the daily 20 EMA which holds since days 5. Big resistance at ~4k 6. Big support is at 3475$ which creates a triangle with the daily 20 EMA We will have a HUGE Breakout.. Expecting it in the...