But we need did warn people yesterday to keep a close eye once we fell out of the trending channel and was confirmed not to be a bear trap it was game over (short term)..You will notice this area is filled with support / resistance looking from past history we put a chart up yesterday showing this area, time will tell the 10, 21 ,50 look like they have crossed on almost all of the time frames although i cant check fully not having pro..But take notice of past times we have bounced from this region it could be ALGORITHMS automatically buying at this price who knows..The amount of shilling and manipulation is only getting
worse not better.
Will update tonight once i have double checked the charts over again. And yes the SHILLS are now posting this past 20 mins all over
youtube Twitter and on here same old crap...And no not every one who disagrees with me or other people are shills they come out
at specific times to install fear.
to a more bullish state time will tell..Stay positive and ignore the shills they have suddenly come out in force, they are waiting till the last few minutes of a critical time in the market to come out shilling :)) Its funny to watch but remember social
engineering is a powerful tool..Keep an eye on your indicators and wait for better
confirmation your own TA not someone else's...Maybe when people stop panic selling or panic buying this market will be tradable again..
let's wait and see..:)) We could do with more data.This is the 2hr chart.
change in trend tomorrow fingers crossed.2hr chart
but i see another run for the trend line coming soon if you want my personal
which i have no double that we might have hit the bottom, or we are very close to it i want to check the MACD & RSI
but here is a quick peek at the EMA looks like we are going for a new retest of the top resistance Line very soon,
Once we step out of the side of this trending pattern it is going to go bullish very quickly, it is like a rubber band that is being stretched and it will not be long before we step out of the side of this triangle downtrend and go on a bull run, it is the more we move down the lower the resistance price becomes so its only a matter of time.
Make sure you do not miss out these are my own opinions and you really should have been ladder buying on the way down.
break us out of the trend. There are many possibilities of what could be happening but what i see is a lot of people dumping there btc to buy back in again..At some point the bears are going to run out of steam and we will get out of this trend and when we do try not to get left behind, this is manipulation algo will dump btc below $6k We will break out of the side of this trending resistance
line and when it does there are going to be a lot of purchases made that is all i believe investors are waiting for..I do not believe we will see but i do believe
if we dont break out of this trend we might see a pullback to $7600 we have
retraced more than 100% i believe
That was a big sell once the 7800 range was broken it was going to be downhill from there i believe $7600 was my most bearish view..Looks like i was wrong how much has this retraced in total from the top im going to take a look.
I do think there will also be alt of buyers coming to the market to get some cheap btc so i do not think we will stay down i need to go away and double
check my own charts.