alexcrypto
做空

Has BTC topped? Divergence shows bear turn likely.

BITFINEX:BTCUSD   比特币/美元
Momentum is vaning for this latest BTC             rally.

There is strong bearish divergence in multiple indicators and a top has likely been achieved.

Between today / monday we will see price rise a little with the residual momentum that is left, then a short term correction will be likely.

A short can come into play with two entries:

1. Conservative entry
Wait until the 7051 fibonacci line is broken

2. Aggressive entry - (only when confirmed by bearish momentum)
Option 1 enter at the 0.382 fibonacci time line
Option 2 enter at the Cross of the Fibonacci spiral (around 7620 price mark, if reached)

TP 1 - 6733
TP 2 - 6437 (unlikely)

A long play comes into consideration after we reach support price in vision of the Segwit2x fork in the middle of november.

Trade safe.
评论: Trendline broke, we started the descending momentum.
If the bulls don't pick up this lower price levels we will see lowers as per the chart.
评论: Watch out for bull traps on the way..
snapshot
评论: As expected bounce at the 7051 fibonacci level. After the Segwit2X cancellation let's see how this develops. Signs of topping still there unless we pick another trendline up. I will publish more analysis once more data on the charts is available.

Follow for more.
Thanks ! , do you recommend opening a short buy position for 7600 ?
回复
@humanmega, I do not offer trading advice. As per the chart description depends on the momentum at 7600. Keep a good look at volume and momentum indicator around that price.
+1 回复
humanmega alexcrypto
@alexcrypto, Thanks <3
+1 回复
cryptknight humanmega
@humanmega, Shorting the Beast is very very risky. Caution advised.
+2 回复
Thank you. Very clear analysis and labels.
回复
alexcrypto PRO Crypto_Adz
@Crypto_Adz, More than welcome, follow for more like this.
+1 回复
TOP 7500
回复
@damdamm, It might go slightly beyond 7500 but is difficult to tell..
+2 回复
简体中文
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
繁體中文
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持标签 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出