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Strive4Greatness
Mar 28, 2018 12:11 AM

Clarity in this bloodbath of BTC Short

Bitcoin / DollarBitfinex

Description

We have the big longterm triangle that we are ranging in since the fall in december.
We can also see 2 support trendlines that have held strongly before.

Last days we observed that the first supportline at 8400 broke and it triggered a big dump. Then we went to form an ascending triangle which broke out and had quite a pump, but it was a fakeout and got invalidated.

Right now support of 7800 is breaking and we can expect the price to fall towards the 7500-7600 area where the second supportline trendline is.

Comment

Support found on the trendline opening long. Use SL
Comments
scriewy
oh it's your graph, very nice.

now support will be resistance ha ha.

you red about the cartel 4th dimension ? if they are in play they might take bitcoin to 4k,2k,1k, subb even 1000, i dont know how sick those dudes are
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