


Gambler95
Falling Triangle There was a high probability that , we were going to touch 28k before touching LLs again , but that might be the case I believe , over the weekend we will touch 19.6k again and if there’s no good news , we will fall towards 12k sooner then expected
This small pump is just a dead cat bounce . I believe it’s a good opportunity to short , in smaller time frames .
I believe it’ll follow the following pattern 1. Touch 18.5k 2. Retest 23 and 26k 3. Hit that 12.2k mark 4. Touch the 17k resistance 5. Another move down towards 8.8k 6. START OF THE NEXT BULL MARKET 7. Will touch 84k . Not a financial advice .
Retest of the previous resistance, now support ; will probably bounce from here and touch the next resistance at 20.4K
falling wedge for a few weeks, and consolidating for a week or so , probable chance of a breakout in short term . target :19400
I formulated this idea after , checking out following 1. The sentiments of people regarding this TEMPORARY up trend 2. Analyzing the falling and rising wedges on 30 mins , 3 hrs , 4 hrs and 1 day charts 3. Considering the imminent resistance and support lvls 4. Average size of the candles to use appropriate Stop loss 5. I also used Trading view screeners to...
After the crash last night , this is expected, a rebound to the previous local resistance. Symmetrical triangles formation
BTC is currently inside a falling wedge , which usually means , it’ll pop out of it and hit the start point of the wedge BUT I think itll first touch 18k then it’ll break out of it , touch the 26-28k resistance ( this will take a couple of months to play out , say 4 months or so ) And then I have a hunch that 1. Tiwan issue might escalate 2. The MT Gox 137k...
In the short term It’s a text book short Enter at .0139 Exit at .0137