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CryptoColugo
Dec 12, 2019 3:22 PM

BTCUSDT - DOUBLE BOTTOM OR DUMP 

Bitcoin / TetherUSBinance

Description

We are currently at important levels.

I believe that eventually price will drop to the 6000 region.
The question is if we will first see a retest of broken support and the top of the channel.

What do you think?

Comment

Guys, look what happened at 23/10. Big dump followed by a 20% pump right in the channel!

Will history repeat itself?

Comment

Nice bounce of support! But we are right at resistance again. If we can break resistance, price might bounce to the 7800 region.

If we fail to break resistance than 6100 is next.
Comments
marketcast_
Thanks!
ashkanatashkar
Breaking of 6500 resistant is almost impossible before Jan 2020.
mbc47
This is awesome. Good job!
Justluckyy
Which option you like?. Maybe short to 6800?
CryptoColugo
@Justluckyy, we need to wait a bit for more clarity
Justluckyy
@CryptoColugo, yeah, and we win. I am short to 6600, and now is 6200.
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