Renkotrade
Long

Bitcoin LONG but check new trendline or Fake Signal 1 HR Chart

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
#Bitcoin #Litecoin #Ethereum
Hello to all watching my charts.

So to say nothing really happens today but that
is in my eyes not a good sign.

Again Bitcoin tried to jump over my blue resistance line
and again it faild to hold there.

NOW please pay atention to the new long trendline
which is the uptrend at the moment in PURPLE COLOR.
If Bitcoin failed to hold them up...

Than all alarm bells for Long would start in me to ring.

Pay attention what will happen.

I am not a short basher - no no
but a double failing jump is bad for longs and how we call it
here in my trading room:

Something
( Bitcoin f.e.)
which is not able to go higher
must goin lower...

Good trades

If you want to support my work and my charts please like them..

Renkotrade
I like your trendline.
Reply
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