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zippy1day
Jun 16, 2018 4:29 AM

BTC Bullish Reversal? Long

Bitcoin / DollarBitfinex

Description

This chart does not lie if applying this rule if correct ~ "Longs decreasing, shorts increasing" Is Price in an established downtrend? Answer Yes then Longs are getting liquidated or getting stopped , Shorts are selling after downmove : Answer "Bullish Reversal!"
Shorts Red Line
Longs Green Line
No doubt the Whales will still have a say as to whether or not this is going to play out in the future!
Comments
MilkBread
chuck a distribution schematic over the price map and remember we are at an ATH.

though i have a chart explaining 2018 is a year long accumulation lol so i cant talk.

considering btc is entirely manipulated and considering the purpose of a well handled accumulation TR it is very interesting to consider this an artificial accumulation, testing the world for mass adoption once business and government normalise it. could you imagine the outrage XD
zippy1day
@MilkBread, Thanks Bear lol
MilkBread
@zippy1day, lmao im a perma bull just trade unbiased.
zippy1day
@MilkBread, Fair comment but my charts are never biased just look back as I show all scenarios
MilkBread
@zippy1day, lol wtf i never said anything bearish and i never said your charts were biased. y so reactionary? hope u don't trade like that.
zippy1day
@MilkBread, Who is getting reactionary now lel
MilkBread
@zippy1day, lol its not reactionary when u are reacting to something real.
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