BCHUSD Parabola downside

403 0
This is an update to the BCH parabola I posted before. It continues to struggle and will likely see lower lows.
评论: The reason why the resistance is curved, is because this had a parabolic move into it. It has the opposite on the way out. This was not an organic move, but a move driven by "finite" buying capacity. There is nothing left to take this higher, but those who see the 2800 previous get delusions we will do another wave to those levels again, they are the ones buying into this resistance and getting consistently whipsawed. It's very likely this goes sub-1000 and this BCH attack is a distant memory in the history of Bitcoin.
评论: I say this as someone who predicted the cup and handle breakout around 600 and rode it for over 100% gain to 1400. I didn't catch the 2800, but that just made it even more unsustainable, as that was entirely FOMO and manipulation. I am not particularly anti-BCH, as I was riding it before. Now as the dust settles and we see what happened, I'm particularly disturbed by the behaviour of the backers of BCH.
评论: We continue to see the resistance zone in effect as BTCUSD continues to work off the huge parabolic accumulation. This may be dead for quite some time.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出