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UnknownUnicorn4306966
Mar 21, 2019 8:16 AM

Fee-fai-fo-fum! I smell the blood of the BTC bulls! Short

Bitcoin / United States DollarCoinbase

Description

Bitcoin is trading dangerously close to a trend reversal level. Market sentiment has already turned to greed and alts are lagging behind - all the signs of an impending crash.
Comments
BaileyAB
Learn EW theory. Your Dec 2018 low, A point is completely off point hahaha
Coinamic
@BaileyAB, Absolutely, this is the proper set up for an ABCDE.
UnknownUnicorn4306966
@babyjungle, wrong
Coinamic
@TheCryptoEZ, do you any chart where I could your configuration?
UnknownUnicorn4306966
@BaileyAB, wrong
micmuc
What is that indicator of greed you're talking about?

Visible is a *gradual* uptrend towards the same resistance for the *4th* time, despite several bart-down attempts last few days and weeks. That doesn't seem like greed at all. Greed and fear will come into play once we move into the 4100-4250 region and I think there's no way for the bears to get out unharmed, once we get there.

Cheers
UnknownUnicorn4306966
@micmuc, disagree
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