Thierry88

BTCUSD - Old Channel Top, no way that breaks!

Short
BITSTAMP:BTCUSD   Bitcoin
For the moment --- NO ALTS, JUST BTC. Sell between 6500$ and 7700$.

There is heave resistance from the old channe drawn in purple. People could soon come back to earth. There is going to be a massive shake off.

I expect it between the 20 and 28th of May based on TD Setup and Countdown in different Timeframes.

Actually if the 3D chart keeps up the great work, on the 25th of May!

D TD: 13 completion somewhen around the 20th of May.
3D TD: 9 13 Completion on the 25th of May and ends on the 28th of May.
4D TD: 13 on the 21th of May. 9 on the 25th of May.
5D TD: Hopefully not in another Countdown/Setup phase by than, because it gave us great signals so far.
13D TD: 9 13 Completion starts on the 24th of March and ends on the 6th of June

Also the Weekly 100 SMA at 6513$, where we could possibly wick through but not close above.

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.