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Emvo
May 14, 2019 2:15 PM

I am not a bull at all. Check macro. 

BINANCE:BTCUSDT1D
Bitcoin / TetherUSBinance

Description

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I drawn 2 major FIBO levels for macro trend.
Actually, BTC reaching just first main important resistance area .
I like to rebuy somewhere in green box around all main averages. I will watch, dump could be sharp & unexpected.
I don't believe BTC will break 382 retracements territory easy. Let's keep an eye on : )

You should also check my macro log chart weekly analysis below. Bitcoin is at the top of blue channel. Will you buy in there ??

Mario Emvo.
*I am not a financial advisor. Do not invest or trade my personal ideas.

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Maybe failed, maybe not. Binance open , be careful ;- )

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Look at BTCshorts chart. 40% dump without raise for BTC ?? Interresting : ))
tradingview.com/chart/jmGxgjzG/

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Nice. It could definetely go to my restricted buy area : ) Maybe it takes few time..

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I added an orange line to the trend. It shows a breakdown below parabolic trend.
In basic, trend was broken. BTC may test 6k in next 1-2 weeeks.

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This image is just an additional idea for my thoughts & possibilities. Don't judge.

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In short term look, I'm watching orange tightenning range.

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BTC climbs to red resistance area. It's caused by Finex/Tether issues and nobody shorting. Btw, no evidence of volume at daily throught 10 days.

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4 Bearish weekly patterns there.

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Whale alert detected more than 19 000 BTC moved to Coinbase from unknown wallet. Careful.

Trade active

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382 macro trend FIBO is broken. I am long.
Probably headding to test 618 levels region.

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Falled below 382. Weekly 50 hold is the last chance.
Trend AnalysisHarmonic PatternsChart PatternsBTCBitcoin (Cryptocurrency)BTCUSDBTCUSDT
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