mycotoxin

if BTC drops the first place for a possible bounce is 6656.

mycotoxin 已更新   
BITFINEX:BTCUSD   比特幣
if BTC drops the first place for a possible bounce is 6656.
if that fails then 6560 will attempt a bounce ,
if BTC moves lower than 6560 then a last good spot for a bounce will be 6347.
評論:
dropping like its hot ....
評論:
the pattern above is also also reversal pump and dump pattern cleverly disguised,
with 3 markers at 6656 , 6560 and 6347. .
The maximum possible height for this drop is from the bottom of the first yellow arrow on the right to the top of that arrow - subtract this distance from the *body" of the tallest candle and the maximum falling distance possible for this drop is around 63xx.
評論:
this also makes the minimum distance for this pattern is 665x.
評論:
this pattern is also a BARR . A setup for a pump and dump reversal ....
評論:
On bitstamp

評論:
stoploss exit this fella at 63xx
,,,just in case hes taking
an alternate path down to the 58xx zone
評論:
follow the pink line and this looks like its just a retest bounce ...Down.

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