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waseemshamieh
Dec 20, 2017 7:18 AM

BTC VS BCH How the WAR Affects the PRICE Short

Bitcoin / TetherBittrex

Description

See The chart to understand the previous Period, and compare it to current period !

I see similarity.

I can expect the price of BTC after it react near each resistance!

If broken one it will go to next one to test if broken, going to nex etc.. until we see a reverse !


Anyway , be careful with your Trades these days .


Good luck guys

Comment

As expected Exactly!!!

Comment

Till now works fine

Trade closed: target reached

Reached min price ;)
Comments
Xtadeus
I don t understand your last chart.
Are we now still below that red line going to green ? Meaning 10K less ? Thx
waseemshamieh
@Xtadeus, No, I see it bounced from the red trendline and the red arrow show our next target .. As long as the next two candles (4hr frame) closed above the red trendline,,
Xtadeus
Xtadeus
@waseemshamieh, So for you the move we have here ( 14600$ on gdax ) is not the phase of a bulltrap ?
LargeMarge
Anyone think this has to do with the US Tax Reform Bill?
Anci
@LargeMarge, Probably not. I don't see any direct effect on crypto. It should be good for the Stock Market though.

IMO, the current dip is a combination of traders taking profit after the massive run, prominent crypto figures trashing bitcoin in public, and FUD after the initial slide. This is just a correction. It's about time to be honest.
waseemshamieh
@LargeMarge, mmm DON'T THINK SO,, I agree with @Anci
bs_bazil
Boss this no good correction :(
waseemshamieh
@bs_bazil, hhhhhh no good
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