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FoxCharts
Feb 25, 2019 5:00 PM

Double bottom before 5800$ ? Long

Bitcoin / DollarBitfinex

Description

COINBASE:BTCUSD

High possibility of getting to 5800$, but I think we will go down to 3400-3300 and than 5800... I will place my BUY on 3400 or 3450 with SL on 3050... Red zone is dead zone fot BTC in my opinion. If BTC closes below 3200-3100, I have no idea where BTC ends.

Just watch support and resistance zones... They will lead you to your goals. There is chance if daily candle close above 4100-4200 we could see 5800 sooner :)

There is beauty in simplicity...

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This is not a financial advice, just my opinion.
Comments
Boon2
One more leg down to wipe out all the longs. BTCUSD H4 Update, Z down? Checkout the idea detail's and update's for the complete picture.
Crypapi
nope
cryptoneur
FoxCharts
@Crypapi, I accept every opinion, but I would appreciate explanation why you dont agree :)
Crypapi
@Yo_Mama_Trades, Classic shakeout signs.
FoxCharts
@Crypapi, well, if I didnt see your charts ideas and all completely wrong and only about crypto, which all depends on BTC I would listen to you... But I saw your profile so you are kind of funny :)
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