Guessing bottom of correction is in Long

Bitcoin / DollarBitfinex

Description

⋅ Jun 27, 2019 6:25 PM

Unless the market is much more bearish than anticipated, I think we've reached the bottom of this correct. Bullish candle and ~20% correction is complete.

Comment

⋅ Jun 27, 2019 8:35 PM

Closed my long, wrong call

Comment

⋅ Jun 28, 2019 8:05 PM

Reopened my long after green candle confirmation

Trend Analysis

Comments

c_c

⋅ Jun 27, 2019 6:37 PM

why should the correction stop after 20%?

BillNyeGaveMeLSD

⋅ Jun 28, 2019 8:05 PM

@c_c, No good reason other than that's what happened during 2017 bull run.