cryptowaves69

Reversal Trending Incoming?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This is what I see, a "Rectangular Top" which would indicate a reversal in the trend. This would make sense as we powered through to almost 11k extremely quickly BUT we all see what we want to see. Wait for the confirmation before acting. Good luck to you all.
Comment: Well we got faked out on a long which I didnt take the bait as I was already setup for a short which has materialized. The chart below shows potential sell opportunities in the yellow squares.

I agree! Thanks for sharing.
+1 Reply
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