BTC/USD - Rising Wegde - RSI at Top - Correction Expected
I expect to see a dump before 6K. 5650-5800 will be the top IMO (Bitfinex), Rising Wedge is a Big Bearish sign.
This will led to 4550 or maybe 42000.
I think 4200 would be healthier because if the Support hold maybe it'll be the new bottom and if it crash we are going to retest the Last Bottom and this will confirm it.
After that We are going to somewhere like 5200, with some little correction until 6K.
I'm Bullish long-term and expect we are going to 8000 $ Mid September &10 k at the end of year.
I think It's healthier for the market to let it dump in the next days Because IMO if MoonBoys Don't Stop to buy Tops and let it go to 8 K without big correction, The Crash Will be way more Hard, and we can see Panic selling $1000-2000 Red Candle.
After that it'll be very hard to regain peoples confidence in the market because many of them will say its a scam and it'll take way more time go for the "REAL" Bull Run !
So be kind stop buy tops or you will be crushed, and will have only your last 1$ to dry your tears
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I just trade with Indicators and Psychology of the people in market.
I have not a big experience in trading but i follow the market since 2014-2015 and paper traded 1 Year before entering in the real game.
Now i'm trading with a little amount of cash, and when i'll have the sentiment to be ready i'll try to become full time trader.
I'm Learning everyday, only the fools think they will be always right. But i don't fear to publish my ideas and to be wrong.
And please Stop to say things like : "Bears are Dead", "I'm a Bull" or "I'm a Bear" . Nobody are always bearish or bullish we follow the market, and place our trade with our opinions. Only fools never change their opinions.
Please give your own constructive opinion about this chart. And if your have not the same opinion as mine explain what and send your chart.
I need constructive things to learn to be better.
As you can see in my last idea about BTC, the price exactly followed the Red Line I've Traced. I have made little modifications on that line with the new informations i gathered.
If you like my idea or opinions feel free to follow me I'll publish ideas at least 1 time a week.
I also published an indicator Its a 5 MA Fibonacci indicators where you can choose between MA, EMA & SMA
Thanks,
Good Luck to all for your trades !
This will led to 4550 or maybe 42000.
I think 4200 would be healthier because if the Support hold maybe it'll be the new bottom and if it crash we are going to retest the Last Bottom and this will confirm it.
After that We are going to somewhere like 5200, with some little correction until 6K.
I'm Bullish long-term and expect we are going to 8000 $ Mid September &10 k at the end of year.
I think It's healthier for the market to let it dump in the next days Because IMO if MoonBoys Don't Stop to buy Tops and let it go to 8 K without big correction, The Crash Will be way more Hard, and we can see Panic selling $1000-2000 Red Candle.
After that it'll be very hard to regain peoples confidence in the market because many of them will say its a scam and it'll take way more time go for the "REAL" Bull Run !
So be kind stop buy tops or you will be crushed, and will have only your last 1$ to dry your tears
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
I just trade with Indicators and Psychology of the people in market.
I have not a big experience in trading but i follow the market since 2014-2015 and paper traded 1 Year before entering in the real game.
Now i'm trading with a little amount of cash, and when i'll have the sentiment to be ready i'll try to become full time trader.
I'm Learning everyday, only the fools think they will be always right. But i don't fear to publish my ideas and to be wrong.
And please Stop to say things like : "Bears are Dead", "I'm a Bull" or "I'm a Bear" . Nobody are always bearish or bullish we follow the market, and place our trade with our opinions. Only fools never change their opinions.
Please give your own constructive opinion about this chart. And if your have not the same opinion as mine explain what and send your chart.
I need constructive things to learn to be better.
As you can see in my last idea about BTC, the price exactly followed the Red Line I've Traced. I have made little modifications on that line with the new informations i gathered.
If you like my idea or opinions feel free to follow me I'll publish ideas at least 1 time a week.
I also published an indicator Its a 5 MA Fibonacci indicators where you can choose between MA, EMA & SMA
Thanks,
Good Luck to all for your trades !
Comment:
Comparing with coinbase, because finex has a massive difference with all other exchange.
Athis time it follow well my prediction. But my positionj is stillopen on fine . hope this will drop soon so i can withdraw go to another exchange