BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
522 15
turning bearish candle
Nice, I have seen the candle. How far down do you think we will go?
GordonGekko33 EatCrypto
@EatCrypto, it think
+2 Reply
EatCrypto GordonGekko33
@GordonGekko33, I agree.
I think at the very least, we will retest the long-term trendline at 8900
Red line in my analysis below
+1 Reply
GordonGekko33 EatCrypto
@EatCrypto, i put that line yesterday out.for me that trendline broke
EatCrypto GordonGekko33
@GordonGekko33, I see your point. Price went deep under the trendline. However, my reasoning was that since the hammer opened and closed above the trendline, it did not break. Is my reasoning wrong?
GordonGekko33 EatCrypto
@EatCrypto, its like a virgin girl hehe
EatCrypto GordonGekko33
@GordonGekko33, hahaha you win!
+1 Reply
GordonGekko33 EatCrypto
@EatCrypto, where is next stop?7500?
EatCrypto GordonGekko33
@GordonGekko33, I agree. I expect 7500 - 7300 area once it breaks the support at the 7900 hammer
+1 Reply
GordonGekko33 EatCrypto
@EatCrypto, will it hold?still lookin weak
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