asgcorp
Short

BTC USD DAILY UPDATE - 5500 OCTOBER 2018 - BEARISH UNTIL THEN

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
SEE CHART FOR DETAILS. APPLIED RENKO TO SEE CHART FORMATION ( BULLISH FALLING WEDGE ) MORE CLEARLY.
5500 NEW LOW COMING IN OCTOBER 2018. RANGE IS 5000-5500 INTO END OF Q4 2018 BEFORE A REAL BREAK OUT.
TARGET FOR BULLS END OF Q4 - EARLY Q1 2019 - 10 000 USD.

THE HIGH WILL COME NEAR 7050-7150. THEN BEARS WILL TAKE OVER ONCE AGAIN.
Comment: this is still a valid setup, with a bottom near 5K. This falling wedge permits another print near 7K, and that's what we are going to get next with the incoming short squeeze later this week.
seems like an edited chart. the feb low is at 7.2k on this chart to fit the lower resistance in line when it was actually at 6k on finex.
Reply
Excellent idea, I agree. Great work.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out