- No clear reversal pattern
- BTC found resistance at MA 200 (D) which is normal as I did not expected an easy breakout
- (4) is a normal and small retracement (0.382) from (2) to (3)
- BTC found support at EMA100 (D)
- RSI trend line not broken
- BTC found resistance at MA 200 (D) which is normal as I did not expected an easy breakout
- (4) is a normal and small retracement (0.382) from (2) to (3)
- BTC found support at EMA100 (D)
- RSI trend line not broken
評論:
The graph above is the Gold price in 2012.
The arrow in red represents where we could be in a comparison BTC 8/1/2018 vs Gold 8/22/2012.
The arrow in red represents where we could be in a comparison BTC 8/1/2018 vs Gold 8/22/2012.
評論:
Although the 15min timeframe is absolutely not reliable at least it shows positive signs.
評論:
It looks like a bear flag is forming
取消訂單:
As expected the market went down
I expect BTC to reproduce what Gold did in 2012.
On the short term it could continue its bullrun consequently but may suffer from a massive breakdown later this year (i.e. around the ETF decision, could be before or later) until Q1-2019.