PermaB

Be Aware Of THIS Scenario

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
It seems Bitcoin has bounced off the critical zone. Since I had a sell order at around $9500 this night, I got away well. On my last idea, I said that Bitcoin breaks through this zone only if it forms a flag before or after it. With this update I would like to warn you that it could be this way again. So be open to this scenario. I've shown you the current options that I see now below what a flag might look like. It could also look very different. I just want you to make your own picture of it. Inspire yourself, go through the scenarios yourself and decide yourself. Never just listen to others, because they could be wrong too. The only difference is that they may have a stop loss while you are not safe. Make your own decision.


Comment: All scenarios are still possible. We can go down very far from here or make a flag and break the $ 9800 zone. That means I expect at least one more move down. What happens then is up to the market. Shortly before or after monthly close I expect strong movements in the market. We will see.
Comment: ''Shortly before or after monthly close I expect strong movements in the market.''

Now we will see how far the whole thing will go or turn back.

Comments

Thanks.
+2 Reply
Scenario 3, We go to 6K or less
Reply
PermaB sergio00
@sergio00,

Look at the previous idea :)

+2 Reply
sergio00 PermaB
@ic0n, A blue whale started this bulshing trend. Was not Whales, Sharks and Dolphins. Only whales, so. Manipulited start, manipulite ends. I think We are in a H&S bull trap an mega FOMO in the others Alts
+1 Reply
PermaB sergio00
@sergio00,

Possible, or it's just a flag. Since flags also have an ABC structure and he has been very corrective in wave B, I would not hide this scenario. It could be that the market shortly before monthly close destroys all longs before heading towards 11k. That's the way the market is.
+2 Reply
PermaB PermaB
@ic0n, *I meant before or after monthy close
+1 Reply
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