engmmohie

Don't trust the BTC Up trend

Short
engmmohie Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
If you are an old follower for me then i think you sold @ 8500 days ago and as per last posts for me , i told you that it's a bearish market.
You can take a look

This small bull run is nothing , So please don't fall in the trap, the current levels aren't buy levels because we are in the down trend.
Look at the marked points, because these points may be a reflection point. If you think that this is crazy chart, Please move left in the chart and see the marked points, or look at my previous analysis.

The question now: Do you mean it will dump to 6400 ?
Actually 75% it will dump but if you are sure that price is going up don't buy here. Just buy when the up trend is confirmed.

These levels "7500~770" are levels you can short BTC with tight SL "7900" but not opening new positions.

I can expect that a dump will happen and the price will move up again @ 5th June

Stay tuned for updates.
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Questions and comments are welcome
Comment:
this is the trend i drew 11 days ago. look at the marked points and how the price is moving around it

Comment:
Down triangle has been broken which mean that the trend now is going to be up at least till 5th June or 8173. I will update the chart soon
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