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MrPalmTree
Apr 6, 2018 6:11 AM

DEAR HODLERS, BOTTOM'S COMMING, BUT IT'S A BAD TRIP I PROMISE 

Bitcoin / DollarBitfinex

Description

It's been a while since i told you i would quit TradingView to learn English. However, surprisingly, i received a lot of messages from you guys that told me to continue doing this. Thank you, they were very inspiring.

All in the 4h chart, i see that we are near to the last deepest crash, just some more days, we'll finally reach our target, 3300. 2 Level to watch now is those 2 yellow line. If we break the current resistance line and fail to form bear flag, we'll go up and have to wait. Bellowing us is the 6000 short-term support, which is a weak support but traders think it's strong and buy at it then it's fairly strong.

In conclusion, no matter how it forms, we'll reach our 3300 target soon. If you are a long-term hodler, your nightmare is almost over. But the real f*cking nightmare is for those who leveraged, please beware!

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Unlike other authors, i don't talk and explain my ideas much, they are for consultation purpose only. If you want to study the market, begin with these suggested sources:
Technical Analysis: stockcharts.com, investopedia.com
Fundamental Analysis: medium.com, bitcointalk.org
Books: Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications, The Disciplined Trader: Developing Winning Attitudes

Comment

*3500, not 3300 sorry
Comments
xxxSALTHEART
One of your previous posts indicates you think BTC will hit 16k again in June....but you also say Crypto is dead. Which is it and when?
MrPalmTree
@xxxSALTHEART, i didn't mean that. I meant "Bitcoin will keep being under 16k, at least until June" in that sentence
xxxSALTHEART
@MrPalmTree, thanks for the clarification. Where do you see it after June or throughout this year? Also - whereabouts are your palm trees located?
Darkside999
It wont hit $3000 trust me. Just don't ask why
CryptoBuzzAnalyst
When will it hit 3k.. Approximate date request please! ??
MrPalmTree
@CryptoBuzzAnalyst, 2 weeks ago, i figured August 21 is the bottom day, but recent candles tell me there's another sooner possibility, it's June 6.
CryptoBuzzAnalyst
@MrPalmTree, Cool thanks
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