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Wavema
Jul 14, 2019 4:50 PM

BTC 14th july Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

On the left 2018
on the right, now
2018: I' found this double top pattern. We see a nice oversold on 4h chart. S/R levels are reliable
2019 The first spike was a fomo spike, as we see often on low TF. 4h oversold start. S/R levels are reliable too.

Don't get trapped ! The 9.8k support can break. Not in 4h. but it can break. Trade safe.

And see how the chart develop.

Comment

It will not happen in a few hours, so, don't panic ! It will take a few days, and it will fight here before. And may be the market will choose another direction

Trade active

Target 9 800 reached ! perfect.

Trade closed: target reached

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my target was 10600. I sold near 10 550

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My chart is still valid !

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Now, be care. The fractal will not be the same now. I'm not sure at all it's going up really now

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May be that ?

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possible bearflag

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+1 :)

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All the potential target 7k it would be nice...

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8 600 and 7 100 would be my favorites target

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Nice ! :)

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And... It shake lol

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There is a chance for a move up now

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+1 Perfect !

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bigger picture :

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perfect ! Now... bounce or not ?

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Target reached a second time. I don t know if this trend wall will be broken or not. I ve sold. May be I ll rebuy above ? I wait a pattern. Something bull or bear

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Time to prepare a short trade probably
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