AlphaMex

AlphaMex

A market structure note on bitcoin's bull trap. The market will go through at least two different capitulation phases.

AlphaMex

short now tp at 52. The only reason is that we run out of fuel, need a deep pullback.

AlphaMex

Short it now. Because we reach the key resistance.

AlphaMex Updated 

algo says highly possible, but we will see

AlphaMex

What do you think?

AlphaMex

longed

AlphaMex

bounce now or never.

AlphaMex

let's see how it plays

AlphaMex

This is my own trading plan, not for any other people. This is the best situation that bitcoin can produce, but maybe not the most possible. First of all, I don't think this is the top. How can we make such a beautiful triangle and crash down? Besides, my Silent Whale Sierra indicating that heavy wash trading in this triangle. I will only confirm the bull...

AlphaMex

I did this research last year, let's see how it plays out this time. www.mexshark.com

AlphaMex

time to make a good deal between the United States and China

AlphaMex

let's go!

AlphaMex Updated 

since 10200 rejected. we need to trade the break out of this triangle.

AlphaMex Updated 

Cup and handle , head and shoulder, mother of all bulls.

AlphaMex Updated 

this is a very aggressive plan. But the Mexshark already confirmed the down trend. So I ignored the support zone, I am not saying we will cross it 100%, but I choose to assume that we will break the support in the next 2-4 days, then a mega dump to 8k first, then slowly chop down to 7k and start the new bull trend.

AlphaMex Updated 

why not, since the pattern is clear.

AlphaMex

let's go

AlphaMex

longed