TradingView
ad3mia
Sep 19, 2019 4:54 AM

Bulls are on life support, I wouldn't wanna be them. Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

PA isn't favourable for bulls at all. A very good chart I should have paid more attention to is the weekly. Daily TF also has 7 consecutive red candles and the last time that happened, price broke the 6k floor. Would be bold to say price breaks the $9123 support within 11 days. Bakkt launch to me is a 'sell the news' event. If after 11 days, support isn't broken though, I expect sideways action and a break before the end of the year. Question isn't 'if' but 'when'.
Comments
TheRealCryptoBulls
I think you have to see that's it's a symmetrical Triangle it can break it's very likely to happen
More