botje11

I am calling it, short term bottem is set! up to 6500/6700

Long
botje11 Updated   
BITFINEX:BTCUSD   Bitcoin
Seeing lots of buying support now
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I am long at 6272, for a short correction wave to about 6500/6700
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This absolutely worth the risk!! Setting a stop at 6170. This could spike up very fast, what usally happens with a correction (in this downtrend).
But it has to go up now! otherwise it was a bad call :(

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Whoop there it is :)
And i nailed it again, stuck out my neck :)
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I am out at 6495
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Probably another wave up will come, waiting for 6350/6400, to buy again. This is all a correction in the downtrend.

I think an ABC correction to about 7000 is being set today. So it will drop once more today, but not below the 6200. If it breaks through the resistence line i circled, and than above the last high of 6700, ecxpect at least a pull back towards the big (old) support of 7000.
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Bitcoin and BCH are enemies now?
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Get ready to jump in the train again
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I think one more small drop. Will but at 6300/6330
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I am in at 6320
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It should stay above 6300, otherwise everything i have said (probably) changes. I have my stop at 6200

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