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Wynnsa
Sep 15, 2019 12:10 PM

Bear Time Short

Bitcoin / United States DollarCoinbase

Description

Possible bearish outcome if support is broken..

Comment

Profit taken looking for nxt short..
Good trading bears - have you got enough to push us to 6500?
Comments
GWAVE
How far to the downside do you reckon?

Wynnsa
@GWAVE, targeting $7.3 - $6.5 this wave. heavy resistance at 8k though
Wynnsa
@Wynnsa, *support
DontKnowWhatIdo
that would be lovely
Wynnsa
I dont see any action that will beat the recent high until last quarter 2020 once halving kicks in. The positive news just isn't there to spark a rally this year IMO, especially if BAKKT is already priced in and leads to future disappointment next week.

If somehow we pop out of this channel and over the larger downtrend at any point then put on yer space helmets...
nortonnick
If this pattern plays out..without dropping too low on wave 5.... isn’t it a massive bull flag?
Wynnsa
@nortonnick, Yes I can see that. I would consider anything round wave 5 bullish I would find it very exciting to end up at that price and level off, but I am long term bull so thats my bias.
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