Whether you are short or long, this call is for you. Interpret this your own way.
Just noticed some patterns which leads me to believe the final leg all the shorters have been waiting for, has finally been confirmed.
Someone mentioned on twitter a recent ANN by Trump and speculation in regards to the price of BTC jumping. Because I have to be "that" guy... I'm taking this info and using it to reassure myself that my all my signals and indicators are indeed still valid.. For now...
So it's either up or down. Make up your mind please COINBASE:BTCUSD
Like I always say I don't know what to put here aside what is already obvious. Or I'm wrong.
Well, so much for that $50k~$100k target for years end xD
I'm not going to try provided anything here as I'm still very well much a n00b in the space so I don't know the correct terminology for these things. I'm not the only person calling these levels though so I would highly recommend checking them out as they can put reason into words where I can not.
Not making any call out any levels right now. Just enjoying the show basically. Set my positions a fortnight ago almost.. stilllll waiting. xD
I think I've repeated myself enough to make this chart pretty self explanatory.
I think, unless we break out in the coming days, the bearish trend returns....
I know there's no convincing anyone but here's the chart. Do with it as you want.
How I came up with these signals I do not know. If anyone can make sense of this, comment below.
It's gonna be brutal.
Saw people putting these together so I thought I would too with my own personal opinion embroidered in.
Thought Experiment: So we touched $20k. Last decent ATH and correction was $1000 where we found support at $200. Using that ratio, it would not be unreasonable to assume $4000 should be the REAL long term support. Catch is I'm always wrong, so consider this educational even though I have labeled it as what my positions are currently. Good luck everyone...