Ronnaritta

Bear BTC to $5,500!?

做空
Ronnaritta 已更新   
BITFINEX:BTCUSD   比特币
I think this picture gives an update on the previous analysis, I try to use TA to see what can possibly happens. There are a few situations

1 It can rebound back to the 786 fibo levels around 17000 before completing the right shoulder and hence the bearish flag to 11,000/8,500/5,500 areas
2 It will consolidate to form a Triangle resting around 11,500-15,000 area
3 It win the 17,000 786 fibo level and we are heading for 22,000

What do you think? Please feel free to leave a comment, happy holidays.
交易开始:
suddenly 5,500 seems possible, however theres support aat 8500, if it breaks 5,500 is around the corner
评论:
theres some divergence in small time framem like 1H and 4H
评论:
however until the down trend line is broken, this trade still active to 5,500
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