TradingView
DailyTradey
Aug 10, 2018 4:48 PM

bitcoin Long

Bitcoin / DollarBitfinex

Description

todays candle green, next 2 red with a significant wick into a HUGE short rektage

Comment

there is a stock literally named todays to punish all the typos, w/e

Comment

main idea here is that we will have 5 exactly the same candles and then we rocket moon with all the shorts stacked. but for that very lucky scenario we have to wick below 6k.

Comment

i just saw the amount of shorts piled and cant be bearish mid to longterm. move under 6k will cause a huge panic but there are 12k btc shorted from 7400 and lower and this is significant.
if it actually works it would be great for bitcoin.
in a few words, here are targets :
6400 ->6720 -> 6350 -> 6080 -> 5915 ->7700
More