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Solixouss
Jan 17, 2019 7:55 PM

BTC: Bearish scenario 

Bitcoin / TetherUSBinance

Description

Welcome peeps,

I am solixouss, i started trading about a year ago. i used to watch the charts and the historical data, it realy worked for me.
This is my Second TA and i hope it will play out like my first one. I am not sure at all so dont take this as an advice, it's just for educational purposes

I am looking for this play to enter the market, first i think we will make a fakeout to around 3900 range and after that we might see that USDBTCSHORT is dumped to the Bottom trendline range (2300-2500 depends on when this will play out)

Out of historical data you can see that we might see a big selloff at this range..
i have my fingers crossed :)

Comment what you think about this chart please. Tips are welcome

Comment

hit the like button if you expect a selloff

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I will update this chart, so save it!

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I will show you the USDBTCSHORT chart with the trendline explained with daily chart.

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Done! tell me what you think about it

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I ment range 20200-20500! sorry!

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also join my telegram channel: t.me/cryptoroutine

shoutout to potato t.me/hashedplutus

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As i mentioned, we have a fakeout forming up.
high resistance at 3900.

Comments
Solixouss
Solixouss

madyanmalfi
@Solixouss, Yes selloff expected once we reach that sell of zone !
Solixouss
@madynmalfi, i hope for this scenario to get in play, btc is increasing atm. we might not hit all the way up to 4k but maybe a shorter fakeout or sideways movement. we will see what will happen.
Solixouss
@Solixouss, time will tell
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