CryptoStation

Bitcoin (Jan 04) - Just some resistances before uptrend

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
BTC is being stucked at the MA50 on 1D timeframe with a Doji candlestick .
What should we expect?
We should prepare for 2 possible cases :
1. Higher chance - Uptrend
- BTC will pass over 7400$
- This doji is just a bear trap for next pump.
- But it will stop around 7500-7600 and come back 7250$
- Then pump strongly to over 8000$
2. Lower chance - Bear's turn
- BTC will form a Doji for true and dump back to under 7200$ and bear will slab BTC again!
- Target of this dump is abour 6400-6600$
Trade closed: target reached: Done all targets
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Comments

I need btc to dunp
+1 Reply
CryptoStation CRYPTOBMF
@CRYPTOBMF, haha yes, we all need that too
+1 Reply
well..doji is gone...7500 hit..what next?
Reply
@daragiuf, yes, doji is just a trap and we are right about that. Hope it will turn back to 7250$ to take us to da moon!
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daragiuf CryptoStation
@CryptoStation, i can see lots of contracts liquidated at 7475
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daragiuf daragiuf
@daragiuf, it is struggling to pass 7590
Reply
@daragiuf, the road to 8000$ is still far
Reply
daragiuf CryptoStation
@CryptoStation, hi. well it took just 2 days...how long for 9000?
Reply
that cloud is thick
Reply