DeadSerious

Someone ordered a coffee?

Lång
DeadSerious Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
Possible Cup&Handle in da makin

Short term idea for You guys. Just a guess but I believe this might be Cup & Handle in da makin. If that is right we could reach 8200-8400 from this pattern. Its not confirmed yet so be careful because I don't take responsibility for your trade decisions. Good luck
Kommentera:
Handle is finally getting some shape. Now we will probably build some bullflag or just sideways before shooting up in 1-2 days

Kommentera:
Price bouncing perfectly on handle support and continuing the patern

Kommentera:
Baby cup & handle was born. Will it hold?

Kommentera:
C&H idea will most likely fail if price go below 7500 level then I will follow this:


and my main bear-bull scenario

Kommentera:
Patern failed. Time for plan B

Kommentera:
Short term idea acording to Wyckoff Theory


cmtassociation.org/w.../11/WyckoffFig66.jpg
Kommentera:
Wyckoff didnt played out. Lets get back to reality

Kommentera:
Little Drop Correction
might be starting here very soon. Target 7k

Kommentera:

There is also a chance we ignore the divergences and do some crazy shit like here so be rdy for both

Kommentera:
No bounce before 6k it seems. Might even sink deeper before that

Kommentera:
Capitulation included
Kommentera:
We reached 6100 and bounced. Bounce to around ~7k is happening right now
Kommentera:
I'm not sure if we can still reach ~7k before continuing the drop. Bitcoin looks weak. I watch this triangle now

Kommentera:
Triangle breakout up so 7k is still in play


Kommentera:
bigger triangle might be formed here if we won't pass through 6700-6800 level

Kommentera:
aaaaand the triangle it is
Kommentera:
Kommentera:
Restest of 6400-6500 levels coming
Kommentera:
Clear bear flag. Most likely won't go any further than 6400

Kommentera:
Real bounce should start when we reach 5500 level

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.