Nightfish
Long

BTCUSD - buy with tight stoploss

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bounce from trend line
RSI -aye
Still a higher low than 2.6.2018 low.

Comments

yes and sell wednesday: highest point between 8000-9000 (won't be seen for a looooong time!)
That's what my JOES-fractal analysis says.
Check it out at my charts.
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Are you really serious to see a bull run from here?
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Nightfish andysaw
@andysaw, anything is possible in trading but mainly I just see an easy risk reward trade. Easy to get out if BTC continues falling.
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andysaw Nightfish
@Nightfish, Yep anything is possible but we need to follow the pattern that should give the best return. Temporary bounce back (up to 7800) is possible but all the way back to ATH from this position seems impossible. I saw below point in another blog and I agree with it 100%.

"never ever seen a crashing bubble market to reverse in the midst of the crashing process"
+1 Reply
You23 andysaw
@andysaw, 2013 bitcoin
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