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dRends35
May 25, 2021 1:39 AM

BITCOIN - 0.786 The Number of the Crypto Beast Short

Bitcoin / U.S. dollarBitstamp

Description

Probable top is in. Price tagged 0.786 and the upper channel of the moving short range fibs + shooting star candle.

Moving Fibonacci ratios indicator coded by @BoneFunkenstein

Comment

Comment

Price drifting sideways and perhaps forming a price tightening coil. We may be at a similar scenario to the coil of 2018 - 6K with bulls calling it accumulation, but it could be a building of pressure before a drop further. We'll see.

Comment

Comments
thing_kimone
Hey. Is that moving fib ratio indicator publicly available? Cant seem to see it on @BoneFunkenstein's page.
dRends35
@thing_kimone, No, but he is the creator and uses the indicator in his ideas.
thing_kimone
No worries, thanks.
BoneFunkenstein
@thing_kimone, I am about to release it publically so people can enhance and build on the idea
rahulmahalle259
can I short bitcoin
dRends35
@rahulmahalle259, I don't know. Can you?
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