Updated BTC downtrend

23 de abr. de 2018

Bitcoin is currently in a descending channel, in a bull-trap and in an inverted cup and handle. All three are bearish patterns which show that btc still have to go down.
It could be invalid if 9k is broken.
SL : 9k
Current target : 5k

23 de abr. de 2018

Trade ativo

23 de abr. de 2018

Nota

support line from the bull trap broken : btc will go down quickly

24 de abr. de 2018

Trade fechado: stop atingido

Stop loss reached, false breakout
I will reopen at 9k3 :

24 de abr. de 2018

Nota

RSI resistance, trend based fibonnaci show this better elliot wave count :

25 de abr. de 2018

Trade ativo

26 de abr. de 2018

Trade fechado: objetivo atingido

a small triangle broke, close short and reopen it at 9180

26 de abr. de 2018

Trade ativo

Perfect target :

27 de abr. de 2018

Nota

downtrend continuation :