BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I must admit I was not expecting a short squeeze at this point in time when I first published my idea yesterday, the timing from the bulls was perfect though. Strike when no one expects it. Now let's see if they can follow through with their plan. I am not convinced about this move before we make a clear break of the major down-trendline that has been in place since december. My analysis from yesterday is still valid - the bear flag is still intact!

Levels to watch are 7500s for bears, and above 8k for bulls. I believe there is a possibility to go higher since we seem to be forming a bullflag on the lower timeframes. The test of the trendline will be interesting.

P.S - I see a some people claiming we have broken the downtrend line already. I suggest they turn on log :)

P.PS - Sorry about the indicators, they weren't supposed to be included BITFINEX:BTCUSD            

Thanks! Yeap, when you post a chart it automatically adds the indicators even though you've hidden them while posting((
Reply
Nocturne83 peredddzz
@peredddzz, thanks, will remember to remove on next chart :D
Reply
Defintely Bulltrap. No doubt. We are still in a bear trend no matter how anyone wants to look at it!
Reply
peredddzz CryptoBuzzAnalyst
@CryptoBuzzAnalyst, Maybe a shakeout before going lower? Shorts were due to get rekt i think. No doubt it was a planned action, now we'll see how the crowd reacts.
Reply
@peredddzz, Yes manipulated is more the word ! lol. Its gonna crash down and dump! Its happen to me before. Once was enought. I know manipulation when I see it. This is all BS!
Reply
peredddzz CryptoBuzzAnalyst
@CryptoBuzzAnalyst, agree, need some time to resolve. It's really suspicious that one move like this could turn things upside down. Need a clear evidence that this is a new trend.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out