Currently Bitcoin is trying to attempt to make a pullback up to 6800 area. This is where everyone should have been bullish in the first place. But because millions of orders flooded the daily 50 area. We could heading thru the 6k area. Be careful bulls. I am still short from 7250. I would take a temporary buy according to the 4hr chart up to 6700-6800.
@gaithoben, maybe not. some big people knew prior to meeting. But that is why candlesticks alone are powerful. They will let you investor sentiment early. You may not get the top but you will be in the flow with trend.
gaithoben
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@AlphonsoElliottJr., thank you for the insight
AlphonsoElliottJr.
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@gaithoben, No problem. I send you the book I read on candles, send me email.
gaithoben
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@AlphonsoElliottJr., This will be so much appreciated. my email is gaithoben|at|gmail|dot|com
CryptoIcE
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We see eye to eye on this analysis.. I missed taking the short on the top but am waiting for wave b to complete around the 6,800 area to take a short there..
crptotrader70
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your target completed 6800$+. Whats next 2500$ or 8500$+
BilginGuler
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i think this bear flag and we are going down for a while little bull will come 5800-6000 area imo.