CryptoC77
Short

BTCUSD HUGE BEAR PENNANT

COINBASE:BTCUSD   Bitcoin / U.S. Dollar

BTCUSD is situated into this bearish pennant from 26 november 2018 until today and it most likely in late this month or february we will have a huge,massive and fast breakdown untill 1800-1900$. What is important to understand,i m not a permabear or permabull but this chart is extremly bearish

Beriash pennant is a continuation pattern and NOT a reversal pattern which means the price will likely to drop once again. Firstly,we dropped 51%,from november until today we are into a consolidation zone and soon we will continue to drop till this targets
Macd slowly want to go into the green zone but probably only these two line will touch each other and after will made a bearcross.Why? If will cross up we will going up hard which means REVERSAL but:
-We have a strong MA weekly resistance at 3758 and after at 4327
-Bearish pennant is a continuation pattern so we will drop
-RSI is above 30 so we have more room to drop
-MA bearcross in februrary at monthly timeframe (at the moment each MA at monthly is act as resistances so don t WAIT FOR 5K BECAUSE WE WILL NOT GOING TO 5K AT THE MOMENT
-MACD at monthly timeframe is too high,we need more correction untill we reach -0- neutral zone
-We can go till 43xx maximum but after we will going down(or will going up higher sub form of a peak and candle will close below resistance of bear penannt
-ETF Vaneckx will be rejected
-Bakkt will be delayed

No..i m not a permabear but we need MORE CORRECTION.After MA cross at 1 monthly timeframe i WILL BUY ALTCOINS

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Jan 18
Trade active:
Support line at monthly timeframe
Jan 18
Trade active:
Jan 18
Comment:
Bearish pennant!!
Jan 20
Trade active:
This will be a bearflag? :-)
If will play out,next target 3430-3460$

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Jan 21
Trade active: BTC USD LONG POSITIONS


BTCUSD Long positions is near ATH which means soon we will have a huge drop.To liquidate these long positions we need a massive long squeeze which will result into a HUGE BTC PRICE DROP. Why we need this? In bearmarket 95% or more need to lose their money before market reversal.
Jan 21
Comment: BTCUSD SHORT POSITIONS

BTCUSDSHORTS now is into a low range which means soon short positions will going up. The question is ,WHY?

It s pretty simple.every market have a psihology,when the price will go up=people will open long position,when price will go down=will open short positions and yes in this way will get REKT

In july when opened shorts was at lowest level and opened LONGS was high,price willl dumped with 28%

in November when short positions was at 20k and the long positions was high, same thing was happened.43% DUMP in BTC price

Now,in february probably we will see a huge huge downward movement :) and probably,will be the LAST!
Jan 22
Trade active:
Feb 11-18 probably will be the date when we reach the BOTTOM.
Between 11-18 feb we will see a big movement and at the moment we haven t yet a huge red candle which means CAPITULATION.

Good luck

Don t forget to hit the LIKE BUTTON
Jan 23
Trade active: #CBOE has withdrawn proposal for VanEck SolidX #bitcoin ETF (OFICIAL NEWS FROM SEC GOV SITE)

And soon bakkt will be delayed also and capitulation will start!
Jan 28
Trade active: Still active
Feb 01
Trade active: https://charts.cointrader.pro/snapshot/P...

BTC DOMINANCE GOING UP. CONFIRMED
Alts will bleed more in satoshi
nice .....
Reply
did u just predict 1w and act now????
+1 Reply
Positive_Mental_Atitude Positive_Mental_Atitude
if u just missed 1 bar u gonna get liquidated dude take care
+1 Reply
CryptoC77 Positive_Mental_Atitude
@Positive_Mental_Atitude, Check my first image and below i sayed..I don t play this on BITMEX i hope i m clear.

We will going down..i m in USDC and still waiting.

At the moment it s not a good time to play in bitmex these huge movements.
+1 Reply
@CryptoC77, k man , goodluck let's hope the best for us both
+1 Reply
CryptoC77 Positive_Mental_Atitude
@Positive_Mental_Atitude, Thank you much,goodluck too!
+1 Reply
where do you find the information that 1. van Eck ETF WILL BE delayed and 2. Bakkt WILL BE delayed even further?
Reply
CryptoC77 moviestar
@moviestar, It s some problems in SUA with government that s the reason why ETF will be rejected.If bakkt will be accepted we will going up hard.We need 3 phases: 1)bear, 2)Sideways, 3)Bull .with bakkt launching we don t have accumulation phase
Reply
I agree

+1 Reply
CryptoC77 MrNarmerk
+1 Reply
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