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CoinMajesty
Jan 16, 2018 8:10 PM

Bitcoin - Descending Reversal Triangle Pattern 做空

BITSTAMP:BTCUSD240
Bitcoin / U.S. dollarBitstamp

描述

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Easy to spot triangle pattern. I think we could see a bounce now but it will eventually go down and crash hard. I expect the bounce at the lower bottom around 8200 - 9500.

If it successfully bounces now I doubt it will surpass 13500. Use that bounce to get out of the market. Don't be one of the ones left holding the bag!

Like the idea to get updates!

:)

交易开始

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If BTC manages to break up that resistance line we are probably going to see a nice bounce coming.

交易开始

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BTC wasn't able to break the line. I think the next successful attempt will be around 8200.

评论

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Bitcoin is still very bearish. Will drop once more.

评论

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BTCUSD creating a megaphone pattern.

Support and ResistanceTrend LinesTriangleBTCBitcoin (Cryptocurrency)BTCUSDBTCUSDTxbtBTCKRWBTCJPY
评论
mycotoxin
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why we can see 2k ?


mycotoxin
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Coinmajesty help me out here .. why are we showing a 2K price mark for BTC ?

mycotoxin
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looking like a bulltrap
AgustinStoll
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@CoinMajesty any updates on the megaphone pattern?
mycotoxin
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I hope you are right but that pattern looks like its going to hit 8k
ThankUKind
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Are you thinking its buy time or wait it out longer here?
TomWhitbread
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Please do analysis on a larger daily timeframe would like to see your input
GratefulBreath
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Appreciate the analysis. Your view is that after the bounce BTC peaks at $13,500 and never gets higher in coming 6-12 mo?
GratefulBreath
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i.e. that it's a bear market from here.
CoinMajesty
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@rahmin, just updated. Bounce should be around 8200.
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