BTCUSD BEARISH SCENARIO

2018年6月8日

Chart speaks for itself. Not taking a position yet however I'm leaning short - it is a possibility as is a breakout to higher levels.

2018年6月10日

註釋

So far so good!

2018年6月10日

註釋

Well....

2018年6月11日

註釋

Support is now resistance - I'd expect a further move down but the bulls are decided to hold it off for now. Current price action shows another accumulation phase so we could see a violent move up or down again.

2018年6月12日

註釋

There it is!

2018年6月22日

註釋

You can't say I didn't tell you ;)

2018年6月23日

註釋

Update - If this really was an impulse wave down, we should see an ABC correction wave now. We're now forming regular bullish divergence on the 12H chart for both RSI and Stoch RSI. This could get us to test 6600 similarly to the previous test of 6800.

But, Stoch RSI indicates we haven't found our lowest low yet so we should break down again in the later this week or next week. The chart below shows the more bearish side of things with this being the start of another impulse wave after that correction wave.

2018年6月23日

註釋

We'd also need to break our new 3D resistance around 6250.

2018年6月26日

註釋

Don't forget to press play ;) New update coming soon.

2018年7月7日

註釋

Back with another possible scenario:

2018年7月12日

註釋

;)