i copied this triangle. Same angles and size
Bull mania is over. United we stop this liquidation frenzy. Top 2 Bitcoin Bear trade to start now (Best since 2010 may be who entered >$4900)
Bulls didnt win their red flag today again as it worked on sunday. QUESTION/SURVEY: 1. Should bears care about these pump times? (no upward wicks, no red candles) Especially the last one marked in green and yellow, downward wicks only, looks like the market was being completely controlled? ( 2. Else is the crash soon very likely? Can be breakdown from the...
Sorry that you missed august 20. But for once try right click on the scale "Y-axis" in my chart and select "LOG scale", please. THIS reveals 6000 was nothing for BITCOIN. And check out how silly the bear pitchfork trend looks then4real. Cant even fit no lambo in there
everyone believes in reversal? (/"consolidation /"echo ) More exponential moves are unlikely and bad/wrong. Continuing the trend until 2018 would be impressive but also unlikely. Yes social networks can grow exponentially but not this fast and then it would not reverse much at all. investors already pay the price they expect in the future (several times more...
Busted Rising Wedge. We need to know when it is enough and when you are lucky already. That is If you want/need your profits you should take them. The white arrow is all needed and what bears and big sellers have prepared for us to cure all bull mania.
Oh these Bitcoin birdies....! bitcoin story for practice / reading beginniers 1. Little green Bird is real as can be!! But how to predict its flight route and make profit from it? One thing is for sure: It is headed backwards in time. It brings your dreams back to Sep1 and beyond. 2. The big red parrot or woodpecker is actually not real: It is...
Opened short at 3950, stop-loss 3990 BTC is up for a correction to the bottom trendline. RSI looks like it peaked and we're only making lower highs from here. This doesn't concern BTC on the long term, I will take profit around the resistances at ~3300 and open long around the trendline there. After that wait for breakout confirmation when we get to the...
this is it?
No need for traps and squeezes :)
I'm just drawing the expectations of people, not suggesting 1. the starting last dead cat bounce since the trend broke several days ago. nor 2. the bull trap / "back to the channel" neither 3. a third iteration of bitcoin Banana which would just be an evil shakeout. Who dreams of rotten, moldy dust clouds?