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Glickwarlock
Mar 17, 2020 1:16 PM

The perfectr storm  Short

Bitcoin / U.S. dollarBitstamp

Description

Ok guys, the situation due to Coronavirus is constantly evolving especially in Europe and now America too will have to take increasingly stringent precautions.

The reasoning is simple considering the relevance of the PoCs. (I take a price margin due to FUD and FOMO)

Are we facing a perfect storm that will correct the maximum peak of 20k in ABC mode, or will BTC demonstrate unexpected force ?

Regarding RSI I note that we are not yet at the lows of December 2018, it seems to me also macd is bearish.

Please comment!

Comment

possible test of 6.4k res lev

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done

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you have to admit the evidence this is a bull flag

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breakout retest are we bullish now ?

Order cancelled



seems too bullish but it is what it is

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just to point the beauty of this touch
Comments
transparent-fx
it will be quite interesing to follow, my view
Glickwarlock
@transparent-fx, the situation is evolving, the next few weeks could still be decisive from a macro-economic point of view due to the virus ofc , thanks I like your analysis
VincePrince
Good technical analysis
Glickwarlock
@VincePrince, Tnx , we are in fact in this situation also in my opinion
AhmadEsfandiari
I am sure btc is vaccined😁😎
Glickwarlock
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