CryptoManiac101

BITCOIN AT PATTERN COMPLETION - BOUNCE SOON? - CryptoManiac101

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is at a crucial step of it's pattern which has been on since November. We are looking at 2 points of potential bounce which is coming up in few days.

First bounce at firm support of our pattern will be $6,900 - $7,000

Upon break out of that pattern we will move to our support at ranges $6,500 - $6,100

Overall there should be absolutely no indicators to panic since we are just completing our pattern. If we look statistically, then yes, there is over 60% probability of us dropping below this pattern to newer lows, however crypto currency almost never follow regular stocks market patterns, meaning that you should not worry.

Enjoy this trade my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop . We are not your financial advisors.
Comment: We are going straight for that support, let's see if we get bounce in between.
Comment: Insane dump - just wow
Comment: $750 in 24 hours - this is very interesting in terms of it's pattern. At this point we have dropped below our support line. Without quick recovery we will go to our $6,500 - $6,100 targets today or tomorrow
Comment: This is a great opportunity to short Bitcoin
Comment: Here is a quick look closer to what we are seeing. This is not major support break if we recover today.

Comment: GIVE A LIKE IF YOU SHORTED YOU BITCOIN
Comment: RSI is undersold, so short term sideways movement or a bounce may occur within 24 hours
Comment: We are looking bullish again. Market is crazy guys, but uptrend is possibly starting. Tight SL if you want to invest. Enjoy it!
Trade active
Comment: We want to see $6,700 hold through 24 hours to confirm firm support
Comment: I see this pattern which brings our bullish indicators up and gives over 55% - 70% chance of upward break

Comment: We are closely watching this area now. If we break below $6,700 which is our current support level, we have several targets ahead - short your BTC if we drop below. Also keep in mind that RSI indicators a healthy bounce upwards, where as the bears are fighting for Bitcoin to be at lower levels. Current chances of us dropping below that area today would be around 55%

Comment:
Comment: We are still above $6,700 support - looks good as of right now - let's see how it will go overnight
Comment: If we continue upward traction, next target would be $8,400
Comment: Very nice movement here
Comment: Look at new chart we published for more information will close this trade
Trade closed manually: Newer chart already published
Comment: Keep calm
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Comments

you idiots. no one knows shit on trading view. everyone here is an effing scrub. "its a good time to short" no shit, its going down. what awful advice. I hope no one listens to this fool. it must not be hard to earn the PRO tag on Trading view.
+5 Reply
@ducksauce88, the pro tag is a subscription level buddy.
+3 Reply
kitkat16 ducksauce88
@ducksauce88, this guy uses colorful charts but he's a fucking beast. Have been following him for a long time and his calls are very, very good.
You sound like someone who's desperate to get their shorts through. I hope you're ready for the other bull scenario.
Reply
please bounce come i need to pay my bills :")..
+2 Reply
Buddy, we are already in hell and homeless
+2 Reply
@ipser, Well you should not have invested anything you weren't willing to lose in crypto... Very ignorant to do that haha
+1 Reply
this was obviously a fractal (check the timestamps)



+1 Reply
klimauk krishisdead
@krishisdead, what is these color bubbles?
Reply
THE BULL SCENARIO
+1 Reply
Thanks bro
Reply
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