BTCUSD will continue it's downtrend rapidly. Please continue to use caution, there will be many false signs of a reversal to the confirmed bull run but ultimately we will need to see sub 6K to have the shift we need in sentiment to allow that to happen. Looking at 5/11/2018 for the $5680 BTCUSD bottom for this year.
note: this is the time for only the most skilled to work in this environment and the rest should protect their capital investment and wait for a true confirmation of the reversal ;)
selby_exchange Finding creative patterns in charts on Tradingview! Not advice for investing lol, but I am one to watch ;)
Comment
⋅
The 4th of May will be another big day for BTCUSD, it should drop considerably.
Comment
⋅
Comment
⋅
I did the original TA for BTCUSD on the 1day chart not the 4hr and the $9849 short term high and the $5680 low on the 11th of this month is still valid.
Comment
⋅
Wow! Look how it tracks my dotted lines from last week!!
Comment
⋅
Comment
⋅
Updated date for BTCUSD bottom is $5680 by 06-16-2018
we are near to break upper redline ...still u think 5680.....whats going to happen specifically on 11th may ... any bad fundamental news ????
WaveRider1423
⋅
selby_exchange
⋅
@tuamen, I went to your full idea and was blown away at your detailed TA, amazing sir! I hope in time I will become as articulate in my TA as yourself. Thank you for posting in my idea! Sending you positive energy for your wealth and success in 2018+
WaveRider1423
⋅
@selby_exchange, thank you for your comments and kind words, best of trading!
konradkordy
⋅
It broke your line of resistance...so, this call is off then?
@konradkordy, I replied to your question before thinking... I did the TA for BTCUSD on the 1day chart not the 4hr and the $9849 short term high and the $5680 low on the 11th of this month is still valid.
LoboLoco
⋅
Yes, May 11, what happens then, would be good to know as it may provide some insights, please please please SHARE :)