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LijiLe

Interesting patterns repeating again and again

Bitcoin (BITMEX:XBTUSD.P)  
LijiLe Uppdaterad   
BITMEX:XBTUSD.P   Bitcoin
Chart Patterns Trend Analysis BTCUSD
23
3
chartpattern trendanalysis btcusd
charts says everything. A bigger bounce is going to happen before the capitulation happens
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rsi showing 4h divergence, maybe last drop to 3300, a tiny relief rally will happen soon
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Didnt fill the order, missed 40 dollars..the target of this bounce is around the red box. I dont think we can create a higher high to go through the red box based on the volume we see it. This is just a corrective wave before we head to new low
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The bounce looks even weaker than i thought. There are 30% of buying pressure for ETH is from leverage on bitfinex. Its not sustainable. Be cautious with long. Bull not staying above 3600 is a red flag for me
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not staying above 3600 is a red flag, btcusd long/short is at historical high during the market, a significant drop might come. stay safe.
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