Sep 23: When I posted this almost two months ago I was aware that the probabilities for this to happen were quite remote. Now I am reconsidering this theory as high probable. We are almost breaking one of the last diagonal supports and there are sell signals in all short term graphs.
The weekly graph is at two weeks of confirming a new #bear wave momentum. This was seen twice before on Feb and Oct 18. if the same is to happen a drop of a few thousands is rather imminent. This bear waves usually last 10 weeks hence plan your positions properly #btc #btcusd pbs.twimg.com/m...EA-KZBAWsAATHRX?format=png...
Aug 21st: It took a while but the Weekly sell signal has been triggered. This is starting to get interesting. #BTC #bitcoin #btcusd #crypto uk.tradingview.com/chart/Z31QsW4Q/
Aug 2nd: I am going to post the worst-case scenario for #Bitcoin. There is a dump coming on August 4th that could cause a Weekly close with a lower high. Giving a weekly sell signal that has not been triggered since Nov 2018 and prior to that Jan 2018, causing a bear chain reaction. #BTC twitter.com/Millacur.../1157295796775260160
The weekly graph is at two weeks of confirming a new #bear wave momentum. This was seen twice before on Feb and Oct 18. if the same is to happen a drop of a few thousands is rather imminent. This bear waves usually last 10 weeks hence plan your positions properly #btc #btcusd pbs.twimg.com/m...EA-KZBAWsAATHRX?format=png...
Aug 21st: It took a while but the Weekly sell signal has been triggered. This is starting to get interesting. #BTC #bitcoin #btcusd #crypto uk.tradingview.com/chart/Z31QsW4Q/
Aug 2nd: I am going to post the worst-case scenario for #Bitcoin. There is a dump coming on August 4th that could cause a Weekly close with a lower high. Giving a weekly sell signal that has not been triggered since Nov 2018 and prior to that Jan 2018, causing a bear chain reaction. #BTC twitter.com/Millacur.../1157295796775260160
Comment:
Some people asked me why don't you update your graph?. Well there is no need yet, this downtrend should last until mid December. For the ones that complain, the red box meant "short it" and the X size specifies the time frames (dates) #btc #btcusd #trading
twitter.com/Mil...287645572124674?s=20