Get started
Jefe

BTC Longs Gonna Get Rekt Now (Revenge of the Bears)

Short
BTCUSD Longs (BITFINEX:BTCUSDLONGS)  
Jefe Updated   
BITFINEX:BTCUSDLONGS   BTCUSD Longs
Trend Analysis Harmonic Patterns Chart Patterns btcusdlong BTCUSD BTC rekt
10
5
trendanalysis harmonicpatterns chartpattern btcusdlong btcusd btc rekt
Rising wedge. BTCUSD Longs increasing but BTCUSD Shorts are nowhere to be seen. I believe, they will pile up together to cause a massive dump around $8,500. Whatever the case, this thing could crash hard this weekend and a lot of people are going to get rekt like yesterday's shorts. This one could be called "Revenge of the Bears".
Comment:
One more thing: Whales will do the 'rekting' not retail traders, just like yesterday. If you don't have enough, you can't p*ss in the tall weeds with the big dogs. So, don't get any ideas.
Comment:
Beware the rising wedge. Blood will be spilled:
snapshot
Comment:
Et Voila.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.