TradingView
b_chain
Sep 8, 2019 4:55 PM

BTC probably to test once again 11000  

Bitcoin / TetherUSBinance

Description

I've closed my short (from 10470), changed my mind for a while: looks like more likely we try to test 10900-11000 and then I will think again about short. Although it looks like we are now in rising wedge that may follow by a move down to 9900-10200 once again... On another hand we may have a Reverse H&S pattern. I vote for the last one for now. But who knows?

Comment

ups, not a rising wedge but rising parallel channel

Comment

I am starting to think that the more obvious the pattern is, the more likely that the market will behave in opposite way ) . Looks like market makers decided to move down BTC for a while... I still hold my long (marginal tokenized position in LBTC_20190913 traded at DDEX.IO) taken at averaged $10260... but already with less optimism :)))

Trade closed manually

Comments
BTCmonkey
You are so right..
b_chain
@fab1j0, we will see tomorrow :)
More