Long

Updated

BTC-USD on the path to 10k$

btc's movement next few days

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Not financial advise

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extended pump, break linear downtrend line BUT haven't broken Log downtrend line yet and bitcoin LOVES Log chart. My stand is still firm. The max we can go is to test the Log line

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some people think we have broken the downtrend line but we are NOT . Im sorry to say that :)

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negative article has started popping up. It sounds like a pullback is really coming. We have already reached 61.8% fib . Only brave investors will buy at the current price :)
ift.tt/2uL5kNY

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plz don't tell me that we will reach 9k$ today >>><<<

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if eth and BCH can break their strong downtrend resistance, I will go nut with this rally :)

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the bull is strong so we might not deep much. Have to follow closely

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when bitcoin reaches the long-term downtrend line for a re-test support, it should be the time to start looking for reversal signals

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possible one more last pump to 8.7k target . 4hr looks bullish

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if you are in for this possible last pump to 8.7k, set a stop loss below 8084$

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made lower high in 4hr. Forming flag channel

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if the channel can hold, bull will still be very strong. However with the intense move like this, it is kind of scary for further drop. It just proves the power of the whales to control this small market

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22 more minutes to end the daily candle. I hope it won't form the "3 inside down" reversal candle pattern :)

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the dump today might be the bad news about rejected ETF of Winkeloss twins

Trade closed manually

i think bitcoin is top at 8.5k already. WHY ?
the current rally is all about ETF hype
with the recent announcement of SEC about rejecting / delaying ETFs from other companies, the obvious outcome for CBOE's one will be either rejected or delayed. I will say 100% delayed.
People have started getting nervous and cautious now. Noone is dump enough to believe CBOE's one will be accepted after recent announcements. And market manipulators know that. They know how we all think :)
In addition, we have stopped TD sequential number 9 and right now we have 3 consecutious red candles.

My thought will change
IF today candle ends with a red, and next day 's candle ends with a big green. Bull will be back and we will go higher . This is the Bullish continuous 3 rising method pattern

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testing support. Let's hope it will hold

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thing looks much better now. Seem like a bear trap :). Look at the big candle. Now we need to break the downtrend resistance line for further confirmation up move

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support line hold + big green candle = yesterday's dump is just bear trap = chance to break 8.5k become realistic now

btc, articles have popped up to explain the advantage of CBOE's ETF over Winkeloss' ETF = Bull still has steam and want to go up higher

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pump's reason :)
ethereumworldnews.com/sec-commissioner-dissents-btc-etf/

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up up up

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better :)

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everyone is getting nervous :). I expect next daily candle will have the action

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I suggest not to stay away from the computer within next 6hr >>><<<

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come on , btc can do it . Break 8320$ and we moon :)

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basing on my candle observation, we should go up . However, btc is a wild beast. It is hard to tamper it :). Today's candle will tell us the direction >>><<<<

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doesn't look good. However, as long as MA50 holds, nothing is to be worried

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8055$ has proven to be a good support so far. Below it , we have another strong support MA50
Let's hope MA50 can hold. If not, next pullback should be near the MA100 T__T

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situation will get much better if today we don't end up with a red spin bar or doji

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haha, lol, this is epic, another bear trap to people whoever sells because they see the channel is broken down

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I love this guys, such a strong buy :)

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daily chart looks ugly right now ><

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continue on bleeding ><. As long as it doesn't break MA50, I will not be worried for further drop on 4hr. However, daily candles are looking very bad so next daily 's candle might be a very violated one which favors Down. Therefore, attention should be taken on next daily candle . Majority of retail investors think Down now and are waiting 7.6k-7.8k. Whenever I see ETC-usd as the only coin in green, I start worrying a lot >><<. That shit coin usually is the ONLY green coin before the crypto dumping storm. However, usually ETC will make a move 8-12% up if it is the only green coin. So I hope this time might be different T___T.

In conclusion, Bear is in favored but support hasn't been broken yet so attention is needed to act on time when big move happens

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and here we go

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caution is needed for next daily candle

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back to be above MA50 on 4hr again . Whales are playing with us T___T. Unless we break 8300$, these game will continue again

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Manipulation to the max. These are what we should care:
- a break of 8300 is a signal for rallying up
- a break down of 7.8k will let us test 7.5k.
In between, let the whales play their game ^__^

Trade closed manually

post is too long to read.

JackieHuynh

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JackieHuynh