snookerer

If bitcoin breaks below ring with red arrow be ready for a drop!

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
If bitcoin price continues to follow down the thick yellow rings and we drop below red ring with red arrow pointing to it then expect a big drop. Two rings back we had a drop when we crossed white ring from the same fib circle and broke support of red ring. Same thing could play out again if drop below last red ring. Longs are stacked while shorts have dropped off the board and we are in an unregulated manipulated market, might be wise to play the contrarian on this one. We either pump soon or down with the ship we go!

Comments

Merci Steve pour le boulot énorme. Je te suis en combinant mon analyse.
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where the bottom? the rings say anything?
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Almost lost looking at the chart first.. Everything is clear after reading the written analysis. Nice work
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hahahahhaha okaay.
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I can't even see the price with so many rings, Jesus
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snookerer Dan_Wang
@Dan_Wang, I can see price just fine.. maybe you should see an optometrist.
+1 Reply
Dan_Wang snookerer
@snookerer, maybe you should see brain surgeon
+2 Reply
snookerer Dan_Wang
@Dan_Wang, I predicted this pump 4 days before it happened.. I think my brain is working just fine.. but thanks.
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Dan_Wang snookerer
@snookerer, yeah right, you predicted BTC was in bear market in March and what happend after that?
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Guru99 snookerer
@snookerer, I love your work, but in this chart there are too many rings, I know they have a purpose in the analysis, but ...
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