Cryptopile

Bitcoin - MASSIVE inverse H&S potential........YOU want the DROP

COINBASE:BTCUSD   比特幣 / 美元
Hi Traders. Well the rise is still going strong. I have outlined 2 possible scenarios based on the CME futures that expire 23rd Feb - Vertical purple dashed line. Either the strongest have shorted, or gone long. I for one don't know which one, maybe someone out there might be able to shed some light in the comments.

A bull flag formed, and broke to the upside. It has reached it's target at the .618 - black dashed line.

The red dashed line which is the first H&S mark
EMA 50 could cross over EMA200 reconfirming bullish trend .

RSI is high, but not extreme. Could climb more, but would end up extreme at this rate by the time it reaches the red dashed target if the long option was to be.

1 - Futures Short. (lilac line) Will retrace to the .75 from the ATH around the 9500 mark. Should bounce back off creating one massive H&S which should propel up to the 17,400 H&S target - Green dashed line.

2 - Futures Long (Aqua line). Progress up to the red dashed H&S target, with a probable bounce down. How far this bounces will depend on the support zones. Could possilby be shorted from the red dash by whales wanting it to double bottom at $6000, and increase profit again, or stop short on the .75 creating a higher low, then upward again.

This is not trading advice, purely for educational purposes.
評論: Shorting has begun - confirmation with reversal candle 45min chart. Lets see how far they want to short it. Next support 10,200. Could be forming right shoulder, or breaking it.
評論: At this stage it looks like the CME is being shorted this time round. Obviously too predictable to short both CBOE and CME like January. The manipulators might be pulling a fast one to deplete the trading accounts of the greater unwashed.
Still a little early for the main dip if you go on the 60 day cycles. Will either bounce back after the 23rd, form a H&S ready for them to collect on the long positions in March. Or they might just push it down to shake out loose hands so they can pick up more cheap coin before the bull run.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出