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LanaFL
Mar 13, 2018 2:40 PM

Bear Flag, H&S, and targets Short

Bitcoin / United States DollarCoinbase

Description

BTC has many bearish patterns and their targets at 8.1k, 7.6 and 6.5(more likely 6.7). I expect that every area around this targets will have a little bounce, opening an opportunity for scalpers. However, 6.7k- 7k should be the last destination(1D RSI ~30) before a new rally. If for any reason it will be breached and 5.9 not going to hold, I expect it to dip all the way to 3.5k. I'm out.

Trade closed: target reached

Trade closed: target reached

Comments
rsansbury
Your crystal ball is amazing and your interpretation impressive. Please post again, soon. Thanks!
SrMayoZ
Nice
alejandroscotti
Longest correction ever! so annoying
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