MoonTrader
Short

Bulls try to climb the mountain, bears take the highway.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
In order for the bulls to prove their case, they must convincingly break above the uppermost resistance outlined on the chart. A stable move over $300 would be an indication that the bull trend would continue. Barring that, the prevailing trend is still down and it appears that it is going to play out as I suspected and indicated in my earlier ideas in which I made the comparison to the May-July reversal pattern which appears to be playing out here.

I still don't see any coherent             short-term patterns for some reason, so I'm waiting until either we can confirm the short-term upside or the long-term downside. The retracement I expected has already played out, so this is a major decision point for bitcoin             , but given the rising volume an declining price over the last year, I see no reason why the trend shouldn't continue. I expect the price to rise sometime around the next new moon , at which point the bulls will be stopped and the bears will return.
agre
Reply
I agree, also similar idea posted later here:

Reply
agree!
Reply
On point.
Reply
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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