Next ISHS formation but greater than before

Next ISHS formation but greater than before

評論:

possible targets of doubled ISHS formation

評論:

So setting up pending buy order @ 4500, with sl under red lines (but SL in mind not in exchange). First target around 4900 but only if divergence occurs if not, waiting for divergences on higher levels.

評論:

long position opened @ 4550

評論:

Can BTC do 4900? I think he should do.

評論:

If Bitcoin touch 4900 SL in mind should be moved to entry point (4550USD). Every retrace from 4900 to 4500 will be for me bearish signal. But i hope that 4900 will be only shortterm obstacle to move higher to 5400-5500USD area.

評論:

Ascending triangle did'nt worked so there is another one triangle as always in case of BTC

So i say HODL! :)

評論:

Uff thanks God my TP worked this night well, was so close to not be hited, but this drop now is very bearish sign for Bitcoin.

評論:

Around 60% of ISHS formation fulfiled, and i dont even hope that 100% will be touched right now. So i stay aside until i see next price pattern on chart. Buying dips is also uncomfortable to me.