Taiwan_Bear

Still bearish! We are ready, Cartel!

BITFINEX:BTCUSD   比特幣 / 美元
3903 33 93
Hi Guys,

Today, I would like to show you the chart from a bigger picture.

On the 4hr chart, you can see there are some similarities between the end of March and now. if you look at how I draw the different blocks as well as the duration it took to form the two sets, they just look so similar to me.

From the daily chart below, the pattern in Jan looks so similar to the one in April. And if you look closer, both of the blocks have been holding at the 0.886 fib retrace level for around 13 days.

So, If fractals play out nicely (I am not saying it definitely will), I would expect a break down of the current bear flag formation. And if it does, the break down would be destructive.

Please watch the price action closely.

Don't forget to give it a "Like" :)

Taiwan Bear

******************************************************************************************
Please note this post is provided for informational purpose only. It is not a financial advice to buy/sell.

Some tips for you:
- Set up an entry/exit strategy for every trade, with the ideal risk/reward ratio (2+)
- Understand that every trade carries a risk, and don’t expect you can make profits from every trade
評論: Daily chart:

評論: BTC is getting closer and closer to the apex of the triangle (consolidation phase). A breakout is imminent in the next 36 hours.


Here's what seems to me, very powerful force(s) (AKA cartel, if you like) are, or is, behind this, otherwise meaningless, huge pump. They are just going up to the surface, get some fresh air so they can dive deeper.
回覆
Keep posting bro, nice job. I am still holding~~~
回覆
Taiwan_Bear AntiqueSoul
@AntiqueSoul, Thanks :) Please watch for the breakout, either up or down.
回覆
I don't believe Bitcoin will go below 6k again.
回覆
nistic rev214us
@rev214us, BTCUSDSHORTS disagrees with you. Having said that there may be a short squeeze before it heads to 6k.
回覆
@nistic, We already have a higher low; if we get a higher high, bears are finished.
回覆
nistic rev214us
@rev214us, Best of luck to all
回覆
@nistic, Thanks. Same to you. Just keep in mind that price can only go down so far. Playing with leverage at this point is very risky.
回覆
nistic rev214us
@rev214us, Totally agree on the leverage point. I'm in USD for now as I do believe there will be one last large dip below 6k before we turn bullish. If I'm wrong I will definitely jump on the train ASAP
+1 回覆
@rev214us, I think there is too many people shorting at the moment. BTC might drop to 6k then going back up to 8k. When most people think it's bull run again, then that may be when 4.4k is on the cards.
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 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
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 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