zEROEQUALtWO

SHORT BTC... HocusPocus what's the FOCUS ???

Short
zEROEQUALtWO Updated   
BITMEX:XBTUSD.P   Bitcoin
Everything is in the chart..
Comment:

I see a thing like this...
I think of a double bottom at 6000

Everyone are too concerned on the hipes and on the old super growth of BTC...
But it's in the interest of the Bears that BTC don't go too fast.. and at every retracement and consolidation, not only BTC, that is their investement become healthier... but also they harvest from little investors.. so why not shocking everyone making a graphical pattern fail.. (h&s) and let another pattern rise behind?
Indeed we need consolidation and as we have understand the potential of BTC..
testing and retesting 9000 and 12.000 we don't have assured that it doesn't come back at 6000... way toofast that recovery..
If it grows too fast it's a problem for the whole economy...
Comment:

I hopw this is the formation creating now..
Go to 28/2/2018 - 07.30
Comment:
Also adx-dmi ans stochastic rsi looks the same... and in both cases we are at a resistence levels

Comment:
For now i can i say it would surely follow the red arrow, i will use EMA 50 as support
combined with the side of the yellow triangle.. let see where it stops..

Comment:
I don't now what i'm doing.. but i say dump now

Comment:
Learning Curve

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