DanielHur

Btc Target 3300

Short
DanielHur Updated   
BITSTAMP:BTCUSD   Bitcoin
Target 3300 (Brief pierce of pink line and continuation of long trend)
2 fractals
Possibilty of another 2 forming and then sideways movement and continuation of long trend.

Log-view on chart.
2018 target 73k/btc

This is a personal trading ideea.
Comment:
(9017$ at the moment of writing)
)currently forming a descending triangle; with my opinion of a break down.
8600-700 represents a strong support. it may bounce(possibly dead cat bounce), i'm bearish.
My opinion is that we need to see a moment when everyone says crypto is all doom and gloom. We haven't seen that yet.. everyone keeps yelling "buy the dip"

This is my personal trading ideea for my trading; It may be wrong, it may be right dyor!
Comment:
8393 It started to correct . It mai bounce of 7900-8000 level or we may see a lower low 5100; RSI are all oversold up to 4H, it is a good chance that it may bounce. But i'm bearish...my opinion a dead cat bounce and down again..
Comment:
7500 as of writing; may temporary reverse(nothing goes down forever,nothing goes up forever) at 7200 level due to rsi being too low at 4h; still long way to go down.
Comment:
New downtrend channel seems to have formed, between log view and normal view lines.
The move down has not been as expected....will update the chart later
Comment:
6713 as of writing
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