BTCUSD BITCOIN Looks like some downside is coming

341 1
BITCOIN looks like some downside is coming.

评论: looks like we are getting the one more up (blue line).
the upmove may confirm our trade idea with some extra divergence of price and indicator
评论: some adjustment.
view did not change but there is very likely another move up before the down.
(i redrew the blue price forecast and added the red one).

"downside train delayed"

评论: think this is no langer valid.
评论: by hitting the play buttom and looking at this break of the corrective loking structure's trendline to the downside which was followed by simply going up up up and not as maybe from the break expected downside you can learn 2 things at least: 1) breaking of a trendline is not enough confirmation and does not mean anything at all and 2) you need to have a stopploss for every trading idea and every trade you enter right from the start. everything else will kill your account, take your sleep and erase your fun trading!
This looks very optimistic. Let's hope the retracement has started now than later et 8500.
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