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PinkCryptoVN
Apr 23, 2021 5:26 AM

Btc | Wychoff Short

BYBIT:BTCUSD240

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Good luck.

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Previous post

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MACD is about to cross

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.
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Glitch in November 2020. This glitch stopped out all long positions.


Another glitch just happened today. It stopped out all the short positions.


What is going to happen next? You go figure!!! :)

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wyckoffanalytics.com/wyckoff-method/

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wyckoffanalytics.com/wp-content/uploads/_pda/2019/08/4-2-e1565961283296.png

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Normally when the 21 ema crosses the 50 ma, it reverses the trend. Wait for it comes back and touches the 21 ema to confirm.



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MACD has crossed in the weekly chart.

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Update Wyckoff Method chart. Almost done with phase E.



wyckoffanalytics.com/wp-content/uploads/_pda/2019/08/4-2-e1565961283296.png

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PI Cycle TOP

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MACD has crossed

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Here we go.

Trade closed: target reached

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Trend Analysis
Comments
mehdielahian
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In my opinion, Bitcoin is not a good option for investing in 2021
PinkCryptoVN
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@mahdi_elahian, True. They find to exit in 2021. 2022 could be bad year for Bitcoin.
mehdielahian
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@PinkCryptoVN, Is it possible for it to fall sharply? Or fluctuate in the range of 42,000 to 50,000? which one
PinkCryptoVN
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@mahdi_elahian, That I don't know. But it doesn't look good at the moment. PI Cycle TOP has called few days ago. MACD has cross deep on the weekly chart.
mehdielahian
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@PinkCryptoVN, ok thanks
PinkCryptoVN
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@mahdi_elahian,
popmilo
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Thank you for sharing your thoughts :)
PinkCryptoVN
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@popmilo, YOu are welcome.
Putrid_Shittgenstein
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Excellent trade!!!

You should be proud.
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