BB not showing any reversal sign, yet. Don’t FOMO Bollinger Bands need to come very close to the cadle bars, than buy time. Will NOT happen, tomorrow or in a week. Enjoy the weekend. You will not miss anything, if you don’t look the charts for a day or two. Z
Bearish, not the right time to buy.
Evening star on a Daily can confirm(possible) H&S pattern and can lead us down to 19k and fill the CME gap: H&S pattern ibb.co Generaly i am bearish, till i don’t see BTC above 47k for some time.
WHAT IS AN EVENING STAR CANDLESTICK? The Evening Star pattern is a three-candle, bearish reversal candlestick pattern that appears at the top of an uptrend. It signals the slowing down of upward momentum before a bearish move lays the foundation for a new downtrend. + check PPO It is clear where are we going. Just don’t be greedy and be patient.
We all know what happen next when going parabolic? This will affect cryptocurrencies also.
Why i posted this chart, because i want to compare it with the BTCUSD 1M chart. I think BTC is similar as Nikkei in the early days, than 25y of corrections and sideways. I am asking myself can this also happen to Bitcoin? Second thing is, it looks like Stocks - Nikkei will also enter into the bearmarket soon, like BTC. How long will last until uptrend again? What...
Hi guys, any TA expert with few decades experiences with TA here and share with us opinion about the picture, what does it mean?
Guys, there are CME gaps at 60k, 25k and 19k, i think we can do some big trades here, there will be bounces when hitting this targets. Dont go all in, spare some funds for 19k. Cme gaps ibb.co ibb.co
Last chance to take the profit. It is very bearish. Maybe next bullrun to 100k or maybe $150k, then years of correction.
I am not buying any alts or bitcoin till i see the RSI red line is crossed. This can happen approx in 3-4months But if you wanna set buy orders set it 35% - current BTC value. For the Alts 45%, 60% - current value of the alt coin or token.
Huge correction for $btc #btc $alts #altcoin coming. Do you see how far top is away from green line - 50MA? This is indicator for the #bearmarket. $hai $dot $ksm $ocean Monthly also doesnt look promising: twitter.com
Huge correction for $btc #btc $alts #altcoin coming. Do you see how far away top is from green line 200MA? This is indicator for the #bearmarket.
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If we looked at the chart from 8. jun 2018, then there is more chance we will see another drop to the red line-support, if this break, then we will touch blue line 5200$, the best option is not to trade, better to have the same balance than the loss, when bullrun will come, profit will be much much bigger, be patient.