TradingView
Kinaibhlan
Jun 27, 2019 1:27 AM

Bearish Scenario (Long Term) Short

Bitcoin Liquid IndexBrave New Coin

Description

Assuming we do reverse here at the 61.8% retracement of the drop from 20k, I believe we can go lower than 3.2k. This current trend is not acting like a typical bull market at all, for this reason I believe we are in a B Wave bear market rally that can actually go to 20k assuming the price continues to go higher. I will be following this idea and updating when we hit either 20k or go below 3.2k.

Comment

elliottwavenuggets.com/wp-content/uploads/Elliott-8-wave-pattern.png

Looks like we could finally start to go down. This image is a perfect representation of the pattern predicted.
Comments
CryptoEngineering
About 90–95% of the traders /investors CONSISTENTLY lose money on #Crypto Market either in a bull or bear market. This is a well-known and publicized statistic.And it’s true!



More