pa1rick

pa1rick

Descending chanel, descending triangle, potential H&S. Short at the top of the channel. Invalid if BTC breaks out of the chanel with conviction. And here's your weekly dose of FUD www.reddit.com

pa1rick

Bull trap could take place based on the inverse HS and break of the descending trend line. DISCLAIMER This idea is highly speculative. Don't take it too seriously.

pa1rick Updated 

Adding for my personal use as it won't save for some reason.

pa1rick Updated 

It may be, but if it's not than the target is 7k$, we will find out which way it wants to go once we manage/fail to break 6300.

pa1rick

huh?

pa1rick Updated 

I was looking for a bounce from 4000 which would make us a nice H&S pattern, but it seems that the sell pressure is too high. Please comment.