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PinkCryptoVN
May 14, 2020 7:14 PM

BTC | Pull back | Short term | 5K - 6K Short

BYBIT:BTCUSD1D

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ETH has fallen out the channel and done the retest.



Let's just wait and see how this play out. Protect your money. Trade safe. Good luck.

***Disclaimer: This is a technical analysis not a financial advice.

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First drop to $9,263
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Very nice short squeeze.

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The first drop has been hit. Nice!!!

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Next drop $8,860

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We just finished wave 4 yesterday. We are on wave 5.






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BIG PICTURE
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<deleted>

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Total market just got dump

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Trade closed manually

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Trend Analysis
Comments
vinibr
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i always agree with you
PinkCryptoVN
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@vinibr, Thank you.
RaakeshhNair
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I changed into long too, Good one
PinkCryptoVN
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@RoxN, Be careful, it may drop down very quick to 8.8K to take out the stop losses.
PinkCryptoVN
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@RoxN, If it comes down to 8.8k, I will add more long positions.
RaakeshhNair
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@PinkCryptoVN, Yeah, it looks like that. I expect a retest of 9200-9400 zone once.
PinkCryptoVN
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@RoxN, I think more likely it will break out the 10K and then comes back to retest it to make people go long and put the SL at 9K. Then it keeps going down to 8.8k to take out all those SL.
PinkCryptoVN
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@RoxN, Like this.

RaakeshhNair
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@PinkCryptoVN, Yeah
milegosh
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