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EXCAVO
Sep 29, 2018 7:28 AM

Bitcoin Short

Bitcoin / DollarBitfinex

Description

BTCUSD forms the standard pattern - flag, impulse-correction (flag) - impulse.

Comment

Moving to yellow resistance line

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Comments
UnknownUnicorn1539772
an opposite view besides the surrounding triangle
ReallyMe
agree, one of the few sober factual and non-hysterical "to the moon" analyzes on tradingview
Turbo_T5
After updated chart - still short?
EXCAVO
@Turbo_T5, YES
Turbo_T5
@EXCAVO, Hats off! Thank you man for all that you doing for us here! :)
EXCAVO
@Geir.mjosund, BTCUSD long position
buy zone 6500-6520
stop loss 6460
targets 6550-6600-6640
UnknownUnicorn2454397
Hilariously basic TA from more people that don't understand the relevance of price/demand/supply/volume but go balls deep with the Elliot first, and would happily draw an big old basic upwards channel - which the parallels do not even fit the shape of the chart and then slap the word "bear flag" on it.

The price could go down here, but not on any of the "signals" "evidenced" in the emotive bearishness demonstrated here.
BitcoinBearSlayer
I've been saying this for weeks but I don't have the exposure to get the word out. :0)


UnknownUnicorn2774089
@Kwa, well just spam your chart everywhere, problem is everyone ignores the spammers who say they can predict the future
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