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swiftcoin
Dec 20, 2017 1:39 AM

BITCOIN BEAR Short

Bitcoin / Tether USDPoloniex

Description

BEAR MARKET HOURLY AND DAILY

DEC 19 VOLATILITY AS I PROMISED, BUT TRIANGLE RESOLVED DOWNWARDS

MY "FUTURE TEST" HAS BEEN MET

16000 IS 23% FIB

15500 IS RISING S LIN DAILY

14700 IS MORE SUPPORT

DANIEL BRUNO, CMT
Comments
cahmbois
i think it will go up
Inspirar
I see oversold RSI and MACD (Buy indicators), and especially a support zone of around 16,000 (+/- a few hundred) that was a resistance area that took about a week to break through from Dec. 7 - Dec. 14. Looks like it might be holding. I hope this correction has been enough to bring in enough new money to push things back up towards new ATHs (All Time Highs). All the best
swiftcoin
@Inspirar, good point, be careful with rsi, macd, etc, they can fool you when markets are trending
Inspirar
@swiftcoin, true...
eivind.smeby
Where should i put buy and where to put stop?
swiftcoin
@Eivind.smeby, depends on many variables, I am for hire
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