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TheTrex
Nov 10, 2017 12:58 PM

Bitcoin Quick Daily Chart Short

Bitcoin / U.S. dollarBitstamp

Description

All levels that you need.

Comment

Trade active

Yellow zone hit

Comment

"Bitcoin futures contracts are scheduled to launch in one month on the world’s largest derivatives exchange, and market analysts have nothing to fear." cryptocoinsnews.com/not-going-to-let-it-go-to-zero-cme-chief-downplays-fears-ahead-of-december-bitcoin-futures-launch/

Comment

If this was (B) of ABC major it went up too high, even above .618. Wonder if we can resume this bullrun for new ATH?

Comment

7330/7400/7660 levels to watch for reversal! 7660 is a good short if we get there. Aiming for 7400 now.

Comment

Bitcoin most likely to head for new ATH this year. We can see the following waves

Comment

Bitcoin broke all Level! We are heading for new ATH this YEAR!

Comment

You can find my new logarithmic chart here. We completed the blue box area in this chart :)

Trade closed: target reached

Comments
Baybridge
very nice work!
Tigrealre
should we buy BTC now ?
TheTrex
@laxeno, It's kinda risky to buy in a trend like this. Better wait for a dip
RahulBarua
@TheTrex ..thank you . You are awesome .
carlosdelagarza
Nice one, I still think price can hit 5k
goldbug1
Nicely done Trex!!! Great charts
TheTrex
@goldbug1, Thank you goldbug! :)
marvirafae
wave 5 in cryptos are usually extended. how far do you think BTC will run up?
TheTrex
@marvirafae, Well have a look at this chart. I think we extended quite high. <deleted>
marvirafae
@TheTrex, oh ok. my count is that we are still in wave 4 correction.
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