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PeacefulWarrior
May 3, 2018 9:53 AM

B I T C O I N : Which magnet IS stronger ?!  

Bitcoin / DollarBitfinex

Description

Alternatives BTC. The pennant is a very unpredictable figure, several variants of the outcome on the chart. Two magnets, which pull down(bearish) and up(bullish) at the moment, which of them will be stronger we will see in the week.
  • 9,700 - zone of crossing several resisitance

  • BTC is full of falsehood. See at confirmations of the breakthrough: volume, price testing, indicators.

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1H

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Trade active

Breakout the triangle!

Trade active

Going to the strong(energy) resistance zone!

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Bounce from the resistance zone!

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Up

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Trade active

Trade active

red magnet

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Trade active

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Trade closed: target reached

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Comments
CryptoSwindle
You shouldn't trade breakouts in crypto anymore, my friend, imho... It's almost dumpy time to 8k zone then minor pullback then dump further. Good luck, I see you longed.

katyusha
big low coming around June
majorlee
@katyusha, based on what exactly?
umairceo
probability of going down is higher then going up but what should be our stop loss if it breaks up? sold around 9200 yesterday
druda015
majorlee
@damarg, nice curves! join us t.me/BTFDdotCom
surangadesilva
What do you think about idea bro ?

PeacefulWarrior
@surangadesilva, much time to implement. See this idea - have place to be.
parsa888
johntradingwick
Where are we heading now? Towards 8k?
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