hubavka
Short

BTC correction soon

BITFINEX:BTCUSD   Bitcoin / Dollar
BTC correction is well overdue. Right when everyone is thinking BTC is going straight to 1000 and every pullback is bough is when the correction will start. Here are a few things to watch for:

1. Volume on the last pullback was big
2. MACD is crossing down
3. RSI negative divergence
4. Look for a lower high and then a lower low for confirmation
veryevilone PRO
5 months ago
Just buy. Why let a halving go to waste?
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hubavka veryevilone
5 months ago
Are you giving me advice? I don't take advice on my trading from other people. You can do whatever you want with your money :-)
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monir3070
5 months ago
more rally is coming ahead. buy only.>$1000 very soon.
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hubavka monir3070
5 months ago
Another lost soul. My chart is for the immediate short term. I am not talking about what will happen next month or next year.
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MrWhisper hubavka
5 months ago
This is playing out well. Thank you for your idea :)
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hubavka MrWhisper
5 months ago
No problem, glad it's working out for you.
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XNIE
5 months ago
Looks like the last triangle broke to the downside, but the chinese are still giving much resistance. I hope it will come down all the way to 640. What are the signals to buy again?
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hubavka XNIE
5 months ago
I will let you know when I see them :-)
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XNIE hubavka
5 months ago
Thanks. Do you still think it will go down? Because it corrected itself all the way up again.. I got myself into the hype and did short ''some'' more @663... Luckily I also shortened @703 to compensate that.
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hubavka XNIE
5 months ago
I would suggest you use stop orders so you don't get caught. I do think the correction is not over, but it could always go the other way. This markets are very unpredictable.
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XNIE hubavka
5 months ago
Yes, or I might be closing at the next low, it is rising further now..
I hope there will be a panic soon
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50BTC-MADE
5 months ago
Nice try kid! You are literally fu***d hahah! Price going straight to 1k!
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