Hello once again ladies and gentlemans. There we got a "beatifull" red line on our lovely bitcoin, this drop is destroying weak hands, massacrating terrified investors and spreading panic between them. Since im writeing this we have lost 100USD (imo its much). I've been warning about this since months.
But lets get to some fact's!
Our bubble looks very similar to 2013 bubble but is moving much quicker, i can't recognize which point are we now thats why i put 2 sides
Green line means we are at last drop of this bubble and after accumulation we will start new raid up
Blue line means we still need to wait a while
Blue striped line is something should give us bounce up (and hopefully wont break, if it does i will drop my panties also) imo its accumulation zone line
Red stiped line downward trend line, huge resistance
Im a rookie, looking greedy for bigger drop and maybe i am going to be wrong (hopefully for some of you) but lets face some facts:
Too many coincidences according to 2013 bubble
Too many declines of uptrend resistance
Too many sideways
GL WITH YOUR TRADES!
But lets get to some fact's!
Our bubble looks very similar to 2013 bubble but is moving much quicker, i can't recognize which point are we now thats why i put 2 sides
Green line means we are at last drop of this bubble and after accumulation we will start new raid up
Blue line means we still need to wait a while
Blue striped line is something should give us bounce up (and hopefully wont break, if it does i will drop my panties also) imo its accumulation zone line
Red stiped line downward trend line, huge resistance
Im a rookie, looking greedy for bigger drop and maybe i am going to be wrong (hopefully for some of you) but lets face some facts:
Too many coincidences according to 2013 bubble
Too many declines of uptrend resistance
Too many sideways
GL WITH YOUR TRADES!
Comment:
I have no idea why we cant move this chart immediattely to see blue and green lines (haha), but when you slide price down and up than you can push chart