J_ine

J_ine

Let's see if the market will repeat its own way. Looks very similar. As long as there is no new high than 50500, I will keep short bitcoin. Can't explain why but I choose to watch where the market will go.

J_ine Updated 

Just like what the diagram has shown, as long as it does not go beyond 435, i will consider long at where D is finished.

J_ine

According to the chart, it will first reach 395-399, very close to the previous high, then have a significant drop.

J_ine

Feel like a bear coming to me at AXS. Will short here until price break 43.5 and make this invalid.

J_ine Updated 

Considering the daily MACD and 4H MACD, I don't think this trend can go any longer. A retest or even new low is on it's own way unless we have a huge trading vol tomorrow. Retest at 2030, and then we talk.

J_ine

I personally still in a short position. Wait for few days to see the trend. If the pullback is weak, I will go for a long position between 33-35. but we should not be too positive about the market and wait for the dip.

J_ine

Seems BTC goes against this trend, but if it final goes like this, I will short at 46K