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Lion_King_Foundation
Jul 18, 2019 9:01 PM

BTC$ SHORT Short

Bitcoin / DollarBitfinex

Description

At the moment, the growth is not due to the crowd of buyers. Soon bitcoin will go down.

Comment

we can use the momentum to go up to 12000, but 8400-7400 the area will see 80%
Comments
Lion_King_Foundation
Thus, a major player is attracted to buy out his position.
Lion_King_Foundation
#BTC/USD – Today's helicopter is of course to help the bulls , stop the decline and make a hint of a reversal, as for example the previous candles on the left chart are shown. But, today's candle body to the bottom half of the Keltner channel , and preferably, to enhance the signal to have the edge , at the lower of moving average or below the channel. Aroon d. quite high, and confirms the bear market. Shot exactly to the middle of the channel only notifies that the observed correctional movement. If the body of the candle closed above the middle, it would be an extra plus for the bulls. As mentioned earlier, the regiment 10800 already basementideas, oxen and preferably far down to go. Moreover, under 10 000, the middle of today's candle. Buying is dangerous, short in the black, long indicators are still more inclined to continue the decline (about 7500 wrote). Shorts with a short stop above 10800 may be preferable, the price is very close - 10695, but it seems the best solution will be on the money. The world will not turn over and BTC tomorrow 20000 will not cost. The variant which drew above with the inverted top will be confirmed if not below 10000 bulls will stand, having drawn the right shoulder. Then the figure will drive the bears to 12000. Total, I assume from-for the helicopter that we will observe sideways under 10800, with possible lumbago above , but without fixing. If the growth continues, you will only need to wait for a convenient entry point after some period of time.
wargolynch
At the moment, the growth is not due to the crowd of buyers
Look at these volumes, who cares these are institutionals or people ?
Lion_King_Foundation
we can use the momentum to go up to 12000, but 8400-7400 the area will see 80%
jayko.hernandez1327
agree with ya this is on a down tredn bigger pic but that was some nice robot pumping futures action i cant lie
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