A DEATH CYPHER (Bearish Gartley) formation has appeared. There is nothing Bitcoin can do about it, and it's going to it down to hell. But don't panic, if you're invested in Alt-coins, like Ethereum, Litecoin, Ripple, BitShares and Stellar, there is nothing to worry about. If you are not, good luck. You may need it. This baby is going to hell faster than you can imagine. It will come back, as it always does, but this time BTC will have real competitors from other Blockchains, something I actually consider to be good.
TP: 825 USD at least, although it could go lower.
If you want to know the run-up setup for getting to this DEATH CYPHER, please check out my other post. I thought we were going to heaven, but then I saw a FIB DAEMON who changed my mind. I got out before this bull trap popped. Maybe not at the top, but I know I won't be at a loss.
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine! I will be posting updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
TP: 825 USD at least, although it could go lower.
If you want to know the run-up setup for getting to this DEATH CYPHER, please check out my other post. I thought we were going to heaven, but then I saw a FIB DAEMON who changed my mind. I got out before this bull trap popped. Maybe not at the top, but I know I won't be at a loss.
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine! I will be posting updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
액티브 트레이드:
Pivot line confirmed. We're going down now.
Bear flag. Seems ready to keep dumping!
Bear flag. Seems ready to keep dumping!
액티브 트레이드:
To be more precise:
액티브 트레이드:
It could actually be a Head & Shoulders formation.
액티브 트레이드:
액티브 트레이드:
Bitcoin about to dump!
액티브 트레이드:
Didn't dump, but this is a better setup:
액티브 트레이드:
Final update about this chart:
Reasons why Bitcoin is about to go down BIG time.
- Three bearish cyphers in fractal positions.
- 222 bars for this pattern to go. Middle of the pattern is 111 as you can see in the chart. The middle is also where the FIB bottom is located at.
- We just touched the upper historic resistance.
- Chaplin Cypher feels sorry for all the noobs who keep thinking we're going up.
Good luck!
Reasons why Bitcoin is about to go down BIG time.
- Three bearish cyphers in fractal positions.
- 222 bars for this pattern to go. Middle of the pattern is 111 as you can see in the chart. The middle is also where the FIB bottom is located at.
- We just touched the upper historic resistance.
- Chaplin Cypher feels sorry for all the noobs who keep thinking we're going up.
Good luck!
액티브 트레이드:
Added some FIB circles to the first two fractals.
액티브 트레이드:
Oh no! A stick Illuminati figure has appeared! Poor Bitcoin!
액티브 트레이드:
Oh no! Bitcoin bulls are getting hammered big time!
Poor Bitcoin!
Poor Bitcoin!
액티브 트레이드:
Ouch! It's getting pounded hard. Damn!
액티브 트레이드:
They just went super sayan!
액티브 트레이드:
Bearish cypher is winning, and he likes it.
액티브 트레이드:
액티브 트레이드:
Hmmm... this is starting to look more and more familiar... the colours... the star... who could it be?
액티브 트레이드:
Check out the numbers for clues. 444 - 888. Sounds like the far east. Asia...
액티브 트레이드:
Warmer...
액티브 트레이드:
Oh so BTC is trying to go up? This guys have brought some reinforcements.
액티브 트레이드:
Communist jets are approaching:
액티브 트레이드:
Communist fighter jets have started to bomb Bitcoin! NO!
액티브 트레이드:
Bombs are approaching its target:
액티브 트레이드:
Communist bombs are about to hit the target!
액티브 트레이드:
Bombs hit the target... Bitcoin seems to be fine though...
액티브 트레이드:
Seems like Bitcoin is weakening. Some Litecoin fighter jets are now hovering it. What's the plan now?
액티브 트레이드:
Litecoin fighter jets are starting to drop SegWit bombs on Bitcoin.
액티브 트레이드:
SegWit bombs are about to hit their target
액티브 트레이드:
액티브 트레이드:
Target hit
액티브 트레이드:
It's super effective!
액티브 트레이드:
Oh, bulls want a new attempt! How cute!
액티브 트레이드:
Too many red dojis. The end is near.
액티브 트레이드:
Seems like those SegWit bombs really had an impact on Bitcoin.
액티브 트레이드:
The monster has one last chance against Bitcoin. The BFX missile is getting ready to launch:
코멘트:
Set.
액티브 트레이드:
Launch.
액티브 트레이드:
액티브 트레이드:
A critical hit! It's super effective!
액티브 트레이드:
Now that Bitcoin is going down, the monster has laid a very nice rainbow carpet for it.
액티브 트레이드:
Added more FIB dimensions.
The monster also became Bitdel Castro.
The monster also became Bitdel Castro.
액티브 트레이드:
액티브 트레이드:
액티브 트레이드:
Relájate and enjoy the ride down my friend.
First target seems to be at 1100.
First target seems to be at 1100.
액티브 트레이드:
He seems to be getting ready.
액티브 트레이드:
Bitel is just waiting for the collapse. Not much going on though.
액티브 트레이드:
Zooming in, Bitcoin likes riding the rollercoaster, but it looks like this trip is about to take it to a lower level...
액티브 트레이드:
That's what I call a DUMP. Bitcoin is just continuing with the ride!
액티브 트레이드:
Let the geometrical rollercoaster continue.
액티브 트레이드:
Possible contracting pennant formation on BTC.
액티브 트레이드:
A dragon has kidnapped Bitcoin. Will it take it to a safe place or just dump it?
액티브 트레이드:
액티브 트레이드:
액티브 트레이드:
액티브 트레이드:
Bitagon.
액티브 트레이드:
Bitagon, where will you take Bitcoin now?
액티브 트레이드:
액티브 트레이드:
코멘트:
There is an ascending channel that could break down at any moment.
액티브 트레이드:
This trade will continue in the following threads:
Animated version:
Technical Analysis:
Animated version:
Technical Analysis:
