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bitgains
Jul 23, 2018 9:27 PM

Why does everyone ignore this big ass bear div? Short

Bitcoin / DollarBitfinex

Description

big ass bear div.
approaching downtrend resistance from ath
volume declining

why still go long?

Comment

happened 3 times already

Comment

don't enter a position yet! be careful. Read comments below from fellow traders.

Comment

Allright, it pushed higher to 8200, the moment of RSI didn't work out.
What now guys?
Comments
AerodynamiCrypto
rekt
lisek15lisek
Now you know why.
kardia
Don't follow permabears! They have an obvious agenda and are on the wrong side of the market (the corrupt side).
befunkt
@rev214us, Much as I appreciate "Don't follow permabears!", they're the one's getting destroyed by exchange shake-outs and whale maneuvers.
bitgains
@rev214us, hey man I'm not a permabear, stated above that should be careful and not enter a position, yet! :) Didn't trade myself since it didn't break down when I posted this. Now, it's too late to enter.
dlsso
Broke out. Sentiment is turning. Probably headed to 10k.
hellbender
I’m wondering the same thing. Heavy leverageing on Bitmex. Smelling a bull trap!
Kgear117
It will be a correction.
kardia
@Kgear117, That's right. And when that happens, people who waited too long will likely be buying in at higher prices.
Kgear117
@rev214us, How come you don't make charts anymore? I thought you used to....
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