DrJLT

BCH guess for the next two weeks

שורט
DrJLT מעודכן   
BITFINEX:BCHUSD   None
As charted

Fork dump to commence soon, probably absorbs much of the drop

When everyone is expecting new lows & 2.618 extension, another pump may come.

Below 1k volatility may increase
הערה:
getting ready to short soon
הערה:

resistance
הערה:
will it pump or dump, nothing?
הערה:
nothing happened, just a small jump that killed my stop (moved below entry just in case there was going to be a fork pump)

I guess BCH is waiting for BTC to crash. Hope it goes to 1500 first so we get a good entry
הערה:
close under wedge?
הערה:
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הערה:
if H&S confirmed, we have two targets, the first one coincides with my previous target for wave 3 (880 - 900)
הערה:
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will we close below the neckline?
הערה:
הערה:
needed to reset a temp oversold condition I guess:

הערה:
phaking 1000 bch buy spoofing wall misled me to think it would bounce to 1350 & touch the resistance before going down

then, wall taken down (presumably after they've sold)

still, there's quite some support for btc at 50D

I guess it has to be overnight around 2 am UTC that the breakdown finally occurs
הערה:
another bull trap?

הערה:
today or tomorrow?

הערה:
retested the neckline & failed

now going to the target


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