citylogicau

Cheeky pump N dump?

Long
citylogicau Updated   
BITSTAMP:BTCUSD   Bitcoin
Rationale:

Massive gain, should really go back to MA's.
Lower timeframe BB width <= 0.02 which is usually a pump
Looks like most people are shorting, so price will wipe them out then dump and people will pile in FOMO style if it pumps now...

That's my theory!
Comment:
+ over sold on Stoch RSI
Comment:
Drum roll... 15min BBWidth 0.01... Big move coming!
Comment:
1 in 3 choices, up, down or sideways. looks like it did a daily dissapointing "bart simson".

Next USDT will be exposed as a scam, and down she sinks. That would be the catalyst for a lowest of lows for BTC.

Best of luck trading!
Comment:
We broke 20k which is good but BTC loves max pain so... I think a massive dump is still on the cards for a new low. People will spit the words "BTC" and crytpo etc then finally the next bull cycle will commence. The "super trend" indicator held up well which was surprising. ATR etc... kind of like bollinger...

End of the day nobody can predict 10M+ traders + unregulated exchanges - its the crypto wild west!
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