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Nilles
Jul 9, 2019 9:18 AM

Who's ready for the BTC DUMP? 

Bitcoin / TetherUSBinance

Description

If you look at the 2017 bullrun and the current behaviour of BTC it all seems pretty similar, doesn't it?
Yes, (intra) day trading is very profitable at this moment, but don't forget the bigger picture. We're still in a giant falling wedge and a pullback to 6k at least seems very logical.

Trade active

Comment

The next leg down will touch $8.400 - $8.000. Maybe we'll see a trend reversal from that point onwards. If we aren't able to stay above these levels, 6K will be in sight.

Just look at the higher timeframes and don't try to outsmart the market on < 4h candles.
Comments
FxCanli
Nice Analysis, I leave like to your chart, leave us a like aswell please :)
Bullandbeartrading
I like that, keep going mate. @Nilles
Nilles
AlanSantana
Thanks for sharing. This is a nice chart.
Nilles
@alanmasters, Thanks!
Make_Money_Guru_Bitcoin
plz cheak my share idea on tradingviwe
Make_Money_Guru_Bitcoin
tradingviwe
Make_Money_Guru_Bitcoin
good job
Nilles
Eyates
You need to look left (further left) for perspective...
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