Short

BTC | Is it time to say goodbye 10K???

By PinkCryptoVN

Updated

Protect your money. Trade safe. Good luck!

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

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Goodbye 10K. We will see you in April! :(

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3 times got rejected. We're done going up.

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If we just ignore what happened in a red box, we will see a very clear picture.

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Don't be fooled with cup and handle that we have now. This reminds me the cup and handle in July 2015 (right before the halving) . I remembered everyone was calling the cup and handle back then. And then the price dumped all the way to the previous low.

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In 2015, just right after everyone was calling the cup and handle, the price crashed to the daily 200 MA and kept going down to the previous low. Remember we will not see 20K before the halving. Protect your money and trade safe. Good luck!

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The price has passed the daily 200 MA in the CME chart.

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My target for short term trade has reached.

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BTC has to get above the weekly 21 EMA this Sunday. If it is not and it crashes through the 4-year trend line, BTC will be ina very very dangerous situation. A chance to meet the weekly 200 EMA is big. Protect your money and trade safe.

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Looking for a bounce next week

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My target hits. I just close my position.

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First flash crash: checked.

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We're half way there... Keep crashing :)

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The last flash crash: Checked, checked, checked..... :)

Trade closed: target reached

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My target 5.8K was hit. Nice!

Trade closed: target reached

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Before:

After:

Thank you Bitmex for sending out a flash crash signal. :)

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Crypto Total Market Cap || Crash flash again???

Not looking good. Get the hell out of this market.

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Another dump and pump is coming. Get ready!

PinkCryptoVN

Disclaimer

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