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Giovi6969
Oct 15, 2018 6:00 AM

Look for an eventual 6.800 breakout and a support on Smma 

Bitcoin / DollarBitfinex

Description

Still a possibility Btc bottomed at 5.700$
Look for a possible retest of the descending trendline, and a use as a support of it from Btc (6.500$)
Look for a breakout and support on the Smma
Break of 6.800 is crucial
Still possible that this market already bottomed, but no certainty yet
Do not fomo

Comment

This escalated quickly,
For now Btc is capped by the main pink Smma (over it = bull market)
Careful with false breakouts

Comment

Sir, what its it il bitcoine price sir

Comment

Again, do not fomo, wait for the candle to close, wait for a few days to see if there are no false breakouts.
Nothing forces you to trade when a market is acting crazy with some uncertainties and possible incoming unstability.
There was a 1.000$ Btc value difference with some exchanges.
Do your own research, stay safe

Comment



This is why you always, as a wise investor, wait for confirmations.
I am not saying this is a repetitive fractal, i am saying wait and see still, unless you managed to buy last week for long term holding.
You still can do it.
But this is, imo, a no trade zone.
Comments
Nash88
Look at btcusdshorts,i know what they doing) Binance suspend tether withdrawal,bitfinex suspend deposit in usd,manipulation time)
supernoveau
It’s a trap!! Watch the premium on tether exchanges
Giovi6969
@almccann,
Soon 1.000$ of difference.
MRudy
Holy moly. I wake up, check my phone, and see this giant green lightsaber. "Push it sideways until he sleeps, then load ze pump". Once I can see a successful retest of the breakout, I'll go in long term... "He bought? Load ze dump."
Giovi6969
@MRudy,
But sir, on which exchange sir did you see the huge green lightsaber sir.
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