BTC Prj.2019.P03.E05.V3. Time to share what I suspected.

18 de jul. de 2019

Flag continuation!!

Its like out of the text book. I got concerned when it done the dump... Going long now? We must see it break the channel, I have the wik only.

Hrly Chart:


Overall view:


Likely target initially

18 de jul. de 2019

Nota

This resistance line has just given us the clue to where it will go after it gets reject from the red region, that equals either the 0.618 level or the 10 or 20 EMA.

18 de jul. de 2019

Nota

Price hit $10665, very close enough to the target. Now expect a drop in price and who knows where.
Now its to be cautious as if you haven't, do not go in now, until we pass the 21 EMA on the daily.
If it closed below 9400 on the 4 HRLY, then look for further drops.
Also we see a hidden bearish divergence. So lets see how this plays because the previous drop and rocket price was purely manipulation.

19 de jul. de 2019

Nota

19 de jul. de 2019

Nota

More likely now.

19 de jul. de 2019

Nota

The target is still alive, with a potential bounce around the 10k to 10.2K

26 de jul. de 2019

Trade fechado manualmente

Downtrend to continue. Hence lesson learnt. They say, trade with the trend. Makes sense.