Faibik
Short

BITCOIN | Spinning Top & TD9 , Bearish Signs.!!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC/USD (Update)


Hello Traders,

In Last 42 Days, BITCOIN Did awesome Job & Now I Think BTC Should Take Rest For Another Big Rally Towards 14k .

Bitcoin Has Forming Bearish Patterns in Daily & 2D Chart, I Think It Might Retest the 9.6k Support (Green Zone)

In 2d Chart, Bitcoin has Formed a Bearish Candle ( Spinning Top ) & On the Other Hand, Last Candle Was TD9 Sell As Well in Daily & 2D TF. (Reversal Signal)

In Daily & 2D Chart, Major Indicators ( MACD & RSI ) Are Also Turning Bearish .

Now, I'm Expecting Crash in Coming Days (It Might Test the 9.6k Support),

If Bulls Failed to Hold the 9.6k Support, Then It Might test the 8.4k Support (We'll Discuss it Later)

In Larger TFs, It's Also Turning Bearish Especially In Weekly TF. (I'll Update on It After Weekly Close)



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Comments

Just wanted to say nice call on this.
+1 Reply
Faibik craic777
@craic777, Thanks For Support & Love!!
Reply
H4 Larger Correction
+1 Reply
@Boon2, Sound Good
+1 Reply
@Boon2, Agreed With & Thanks For Sharing here
+1 Reply
@Boon2, That Means, We're Both thinking Same
+1 Reply
Boon2 Faibik
@Faibik, Yes lets see if it plays nicely
+1 Reply
@Boon2, I Hope It'll Follows our Plan..!!
Reply
Thinking same way..
+1 Reply
Faibik kaynaresh
@kaynaresh, You Can Share Your Idea too
Reply
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