Short $BTC 100X if this happens !!!!!!

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jan 12, 2021 5:59 PM

clear Head&Shoulders is ahead of us !!

The most important resistance to break is that 21EMA
If somehow we fail to break it, expect a huge drop till $28 - 24k

The only indicator to watch for the short signal is the diagonal trend line:

Short with stop loss above the 100EMA, and targets should be: 29K - 28k - 26k - 24.6k

Comments

SIGPokerKing

⋅ Jan 12, 2021 6:20 PM

That is most definitely not a clear H&S. Using EMAs doesn't seem practical in evaluating this instrument, esp 100 day. Who would take a short 100x on BTC?

CryptoSep

⋅ Jan 12, 2021 6:24 PM

@theworldinscents, 100X short is a clickbait to get attention, and I just use whatever that works for me, like EMAs

SIGPokerKing

⋅ Jan 12, 2021 6:42 PM

@CryptoSep, Why do you sensationalize? People like me will start ignoring you.

CryptoSep

⋅ Jan 12, 2021 6:50 PM

@theworldinscents, The fact that the 30k support level for Bitcoin is crucial, is undeniable, and I did not sensationalize it. I would never do such a thing in order to get attention unless it is a really big deal for the market. All I'm trying to say with this analysis is to warn people to manage their funds properly as we may see some lower levels for Bitcoin.

CryptoSep

⋅ Jan 12, 2021 6:51 PM

@theworldinscents, and thank you for your care and attention to my analysis, that means a big deal to me.

SIGPokerKing

⋅ Jan 12, 2021 7:47 PM

@CryptoSep, NP, but when someone says something outlandish like 100x, then claim it's click bait, it seems more like a desperate attempt to get someone to buy into their own position, despite that you might be trying to help people.