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fernx
Jul 13, 2019 1:07 AM

BTC moment of truth... 

Bitcoin / United States DollarCoinbase

Description

Here's another thought...
There are two possible scenarios based on the historical trend. The green depicts the bull run up TO 20K over-imposed to fit current cycle. The red is the bear run FROM 20K. It's over-imposed and assumes that the recent 14K run was only just one more wave of the bear cycle.

This is just a thought. Not an advice to trade. Just wanted to share what I have seen.

Good luck out there.

Trade active

The red trend is continuing :(
Hopefully these 4 Hour bullish candles hold.
Good luck out there!!!

Trade active

Bears are in control. Time to start considering some cost averaging on the way down. Its good for business to buy cheap. Guess moon will have to wait a little longer.

Good luck out there!!!
Comments
Make_Money_Guru_Bitcoin
Good job
Mesavoida
Very clever. Thank you
brappaport
did you place the red and green trend manually or is there a script that can generate it automatically?

fernx
@brappaport, manually. I had to find where the cycles were similar and adjust for height.
fernx
Seems like it chose the red path. Hope its for not too long. Great buy opportunities though. Good luck out there.
Make_Money_Guru_Bitcoin
Plz check my share ideas on tradingviwe
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