taylor.ranny

BTC will shit till 13 Sep. 5 support levels you have to know.

Short
taylor.ranny Updated   
BITFINEX:BTCUSD   Bitcoin
BTC dominates. 48+%. Every day it is going higher. Whales pump BTC, so people do FOMO and invest in alts. Then they sell their altcoins and dump BTC again. Playing like a boss. It will continue till 13 Sep. They wanna make at least 55% dominating of BTC.

Here are the support levels:
1) 6900-7100
2) 6750-6850
3) 6000-6200
4) 5600-5800
5) 5250-5400


*** The information is just an idea for educational and discussion purposes. ***
Comment:
Dropped to the first support level as I predicted. The next support level is 6750-6850 which is so strong one.

Comment:
Look at SHORT. LOL

Comment:
Comment:
Tested 6900-7100 level and that was okay, now it will up to 7200-7300, then will down again.
Comment:
Range time as I predicted. It will range from 6900 to 7100. Seems bears are really strong, they are forming bearish scenario.

Trade active
Comment:
We are going to the second support zone which is a potential bounce area. But I don't expect a huge pump. Maximum 7300 if it can hold price above 6750. Be careful, a pump of few allcoins is a trap. I have warned you about that.

Trade active:
The new deadline for ETF is September 30th. I told you. LOL.
Trade active:
The second support zone (6750-6850) was broken. Now we are going to 6600, then 6000.
Comment:
Trade active:
As I mentione the support levels were :
1) 6900-7100
2) 6750-6850
3) 6000-6200
4) 5600-5800
5) 5250-5400

The second support level was so strong one. Always if it breaks down from a strong support zone, then that support zone becomes a resistance. So I predicted it would act like that. (The light red line was my prediction). As you see it bounced from 3rd support zone, then jumped to previous support zone(resistance)

The other hand look at the EMA20 (RED), you see how EMA20 push the price down? and look at the volume. Such pumps are fake.

Comment:
The 3rd support zone was broken

Trade active:
The right should.

Comment:
Aug 4: "It will continue till 13 Sep. They wanna make at least 55% dominating of BTC"

Today, BTC Dominance: 51.1%. +4% more and altcoin season will be open :-) Be ready hunters.
Trade active
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.