BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
453 12
H&S on 15ming chart? If it is, then the whole bounce was the bull trap and we will see another leg down.
Comment: break below 9000 on increased volume will confirm the reversal.
Comment: Longs price vs Bitcoin Price

Order cancelled
If it were a bull trap implies another leg down to lower than 6k but we have already hit the lower trend line on @PentarhUdi's chart "No resistance until 15K" in August (as well as exactly hitting
his upper trend line with 20k high in December) so...
@Paul77, there is big resistance at from 9000 to 9500. If we break this, then I can agree with you.
Lol, even if it is a H&S, a 1.6% below neckline target...? How is that relevant?
TonyCryptano ricsalrod
@ricsalrod, because this breaks out from InH&S. Many investors will close their position which will cause panic and a massive sell off.
The btc volume is abnormal since last month... I think that the "artificial volume" do its job well...
+1 Reply
TonyCryptano jeffryang24
@jeffryang24, we don't know.
15 mins chart? Give me a break!
@yazeed, I'm just telling you to be extremely cautious and trade safely. There are several fundamental reasons for this patter.
Hmm.. the volume decreased...
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out