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sales96
Aug 20, 2018 5:21 AM

BTC:USD LOGICAL ANALYSIS - NOTHING BULLISH Short

Bitcoin / U.S. dollarBitstamp

Description

One more drop before another bullish . Please like if you think logic . Thank you and good luck !
Comments
BatterT
Possible fractal, Shorts REKT?
pinfkloyd
3rd time ... whoops
vickydaswani


pls review my work sir, tell me if somethings wrong
TheCryptAlpha
great analysis
ocianic
Only thing I noticed is the shorts weren't as high at those points as they are now. Will exchanges really let all the sellers make profit so easily? Agree, looks very bearish but may be a bear trap this time... we'll see.
jollygreen
I like it. That chart is the matador, and you are a torero yourself sir.
raydar07
I agree. A quick glance at the charts coupled with some common sense should show this very same pattern. Unfortunately, most people are too emotional and inexperienced to understand it.
yoitsme63
@raydar07, number of shorts shows that people are going short though... if you are saying most people are making the wrong emotional call, that wrong call might be going short when everything says to go short
yoitsme63
@yoitsme63, I am not trading this btw. It is too down to short and too risky to long. I am just saying that your contrarian perspective that most people are long doesn't seem to be true and if I was just trading opposite of the herd I would probably go long.
UnknownUnicorn3231174
very nice :) if we go down exact like the other two will hit the Support for october and november perfectly, looks very likely this will play out :)
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