Demetriostrades

Bitcoin structure, prediction and key levels

Demetriostrades Updated   
BITFINEX:BTCUSD   Bitcoin
So we're still doing that downtrend thing we've been doing for a while. Lately playing the top of the channel. Don't see any reason for more than a squeeze to the upside at the moment. Horizontal lines are likely short term targets. Line is my predicted direction for the next few days. Not much to add at the moment. I'll keep you guys posted as price action develops.
Note: we could still see a d correction to 7600 before going down.
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Alternate bull count. A trader I admire thinks it's going up so he may be right. One might take a trade at the break of 7750. Just sayen...
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I still think we'll break down. Laddering shorts.
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Just sayen. Also snake indicator available now. Just .05 btc.
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Waiting for a bounce.
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Everyday the market teaches me something new. Thanks for joining me on this journey.
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Wondering if we'll see a bounce here or if it will be at 7185.
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Nope. It went much lower than that! this is why I post these charts. After the fact I can look back and learn from my previous thinking. Right or wrong. I think everyone should do it. By recognizing the mistakes we make again and again we can become better traders.
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Bounce?
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Markets are a beautiful thing. Probably going to about 5k. When sh*t hits the fan and people start panicking is when we'll shoot back up.
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