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11021992
Sep 4, 2017 11:32 AM

BTCUSD: My view for this week 做多

Bitcoin / U.S. dollarBitstamp

描述

Hey traders,

On the BTCUSD we can see that price has broken the red trendline - after nearly hitting the $ 5.000 value - indicating a downtrend may begin for now.

For more of my thoughts on the Bitcoin, check out my weekly outlook in the video in the description!

评论

Reversing from exactly the $4000.

评论

Going pretty much as expected so far!

评论

Let's see what happens next.. Dropping pretty hard right here.
评论
TVMK2000
description at the Top of the chart says "LONG". Is that an error?
11021992
@TVMK2000, Well, the point was to enter long at point D, when the pattern is completed. But it's also a bearish setup :P
TVMK2000
@11021992, Thanks for the explanation. So, you wouldn't consider the next support at 2800~2900?
11021992
@TVMK2000, Oh that's a long way ahead of us. I think that as soon as we hit $4.000, it will go up again.
TVMK2000
@11021992, thanks fro a tip. just sold about 20% of BTC possibly too early.
This is my panic idea:
11021992
@TVMK2000, And that's exactly what's happening right now, people starting to panic and try to get rid of their bitcoins. But I think there will be plenty of buyers around the 4000.
And after that the real support area is indeed at 2800.
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