description at the Top of the chart says "LONG". Is that an error?
11021992
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@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
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@11021992, Thanks for the explanation. So, you wouldn't consider the next support at 2800~2900?
11021992
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@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
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@11021992, thanks fro a tip. just sold about 20% of BTC possibly too early.
This is my panic idea:
11021992
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@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.