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pspur9898
May 17, 2021 8:41 PM

A Short Short - 2 Hour Pump/8 Hour Dump? Short

Bitcoin / U.S. dollarBitstamp

Description

Thinking BTC may complete one more down wave cycle to 41,000 before bouncing north again. Will wait to see if it respects current resistance.
Comments
sxott72
It’s already trying to bounce at 42k. I think if it hits 41k it’s going to start falling.
elliott77
it would be nice if btc was that quick and easy...I think it does what you think only it takes a couple of days or so to get there...btc loves to test our patience.
pspur9898
@elliott77, Could be, but on this 30 minute chart is seems to be only taking about 14-18 candles to complete a wave, but I agree, could take a little longer but I do think the destination will be reached. Stay safe out there.
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