TradingView
cherif100
Jan 16, 2018 9:30 PM

btc what is next  Short

Bitcoin / DollarBitfinex

Description

more down expected to 8500$ - 6500 $

Comment

if this support hold at 10800$ maybe we can see this move first before decide next action

Comment

if btc stay in this traingle this will be the best situation for alts and alts will back to rise

Comment




nothing new for today btc is making wave number 4 you have to sell when it is end then wait btc next action !

Comment

price is testing kijun sen now

maybe another wave will start from here without retest the trend !

Comment



maybe this is the end of wave number 4

Comment



zoom in

Comment

some followers want full waves with 100% accurate , i can not do that but i will try to share my vision

Comment

this is the end of today btc down -11% and the first bearish wave done

btc will not fall to 9k tommorow there will be a correction needed to continue down trend

so for today we may see some rise for btc and price back to 12000$- 12500$

for alts there will be some rise too but try to scalp only

note if btc break 11k with 4h candle maybe the next bearish wave will start !

Comment

same view same action
i.imgur.com/kdYKLjH.jpg

Comment

Comment




btc still bearish and we may see price back to test support again

it is not recommended to hold 100% btc

Comment



update !!

we have to wait for breakout

Comment



Still waiting !!

Comment

still waiting for wave 5 from now or from 13000$


Comment

Comment

btc must break 13k to be bullish again

Comment

Comment

Comment

Trade closed: target reached

thanks for following this

i will make another idea soon for what i think will happen soon
Comments
AhmedMaged
What is going on cherif i hold usdt from 11500 , i afraid from the bitcoin will fly ?
Adios786
@AhmedMaged, same here :(
mohamedcrypto
dubnyuk
@AhmedMaged, same here
fadihanafieh1
@dubnyuk, same here i think 13000 its hard resistance area to breakup
dubnyuk
@FadiHanafieh, I think, we no need worry. The chart is working, isn't it?
fadihanafieh1
@dubnyuk, yes and 11000 its hard resistance area to break down just keep your eyes 24 H on the volume
Bilalabes2
@AhmedMaged, maybe a small advice that I do... I follow average costing way .. means for example if I have 100 usd I buy 200 on 12k buy 200 11k 300 on 10k and so on. So the average price you will get won't be the lowest but not the highest since the bottom of the trend-down is unknown .... this is just an advice
Rohit_Shinde
please update there are so many lives waiting for ur update
christianfredes07
@cherif100 how can we know that wave 4 is over ? Great job by the way
More