bagofXMR

Bitcoin short round #3

bagofXMR 업데이트됨   
BITSTAMP:BTCUSD   비트코인
Stoch RSI bearish crossover and with enough room to go down.
RSI and MACD hidden bear divergences
Strong resistance zone of the last few months holding strong.
코멘트:
The strong reversal zone tested +6 times is also coupled with MA's resistances, as you can see in the image.
코멘트:
BTW, stop loss above aqua trendline
코멘트:
Above 2610 shorting makes no sense imo.
daily MACD bullish crossover, head and shoulders completed with 2900 target, strong reversal zone destroyed, 2610 resistance broken, back above pink trendline...
This could be the potential bull trap before the capitulation but too risky to short now imo, i will wait to see bulls weakness going below 2610
코멘트:
The head and shoulders btw, is not completely valid. The volume pattern doesnt match at all (head should have lower volume than left shoulder and breakout should have bigger volume than both head and left shoulder) but as cryptotraders dont care about this it could be a self fulfillinf procephy, so worth mentioning imo.
코멘트:
it changed quite a bit in 10 minutes.
THIS IS BITCOIN!!!! LOL
코멘트:
Oh, btw, someone just recalled me of this:
could be this the epic bulltrap in a silver fashion?

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