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Nickonomics
26 апр 2018 г., 08:19

Bitcoin (BTC): Bearish Control 

Bitcoin / DollarBitfinex

Описание

Wednesday was a great day indeed for bitcoin bears. In the previous idea I moved the intraday sell stop order to 9250 area, and eventually price hit the first target. Later there was also a Flag pattern setup that worked out smoothly:

Currently, I'm examining new short opportunities as the micro trend has turned bearish. The options are:
  • Break of 8770 will activate an intraday flag-like formation (M15);
  • 9210-9350 is an important resistance zone.

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Bearish setup in ether (ETH):

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Price is testing the trendline. Resistance levels @ 8970 & 9200.

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Bearish Triangle or Inverse H&S? To be decided quite soon

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The setup under Breakout strategy is now complete.

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Price hit the setup target rising more than 4%. New idea is on the way, stay tuned
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super55
Hello! If this correction after the first impulse wave, then most likely it should be a simple zig-zag, like this
FenixCapital
I think bears are about to get slaughtered, all signs are pointing up to a new bull trend
newlifer
pzd eth setup nah povelcya(((
loyrez
@newlifer, takaya je hernya
johntradingwick


Can i have a feedback on this? I know i may be wrong, but it is one of the possibilities, right?
Nickonomics
@imfamousrajat, That's possible.
sashaohio
@Nickonomics, I like your analysis! Spasibo Shef!
MuratKeskin
MuratKeskin
waiting for more
bokeb
Thanks @Nickonomics ! Have respected you for some time -

so! short down to mid 8000s now that we've hit 9200?
Ещё