Hubris

WARNING WARNING!

שורט
Hubris מעודכן   
BITFINEX:BCHUSD   None
Reversal imanent.
הערה:
Here is a close up of 2017, notice those long wicks below support.

Expect the same in volatile trading, those weak handed bulls who positioned themselves a few weeks back that are gloating now, they are going to PANIC!

Be quick and pick those wicks for a long position as this is going to be your last opportunity before MOON.

הערה:
A closer look inside the 'BERMUDA TRIANGLE'

הערה:
This wave 5 coincides with the wave 5 of the bearish wedge in BTC.

I've been on the fence waiting to see if it would be a bull flag or bear wedge.

Looks like we printed a wedge.... down from $9200
הערה:
OBSERVATION: Look at the Fib levels on this move up.. will this last one hold for that final wave 5 up?

הערה:
I'm still open to the idea that we make a cup & handle and the triangle idea gets blown away. RSI can go to 40 then turn up sharply.

The market is going to get so big this year, just because there was a triangle reversal in 2017, doesn't mean it will repeat.

Keep a close watch.
הערה:
I get the feeling this red triangle is going to get blown out the water.
הערה:
I'll post a new chart soon.. There will be a retrace, but not a complete reversal to the trend line.
הערה:
This scenario is still a possibility.

In fact, this would be better to have a complete FOMO take down from $1300ish and re-test that bottom trend line sooner rather than later.

Then we can establish big long entry points.
הערה:

רעיונות קשורים

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.