BitcoinCorto
Bye Bye, Bitcoin.
Actualizado
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.
Operación activa
Pivot line confirmed. We're going down now.Bear flag. Seems ready to keep dumping!
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To be more precise:Operación activa
It could actually be a Head & Shoulders formation.Operación activa
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Bitcoin about to dump!Operación activa
Didn't dump, but this is a better setup:Operación activa
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!
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Added some FIB circles to the first two fractals.Operación activa
Oh no! A stick Illuminati figure has appeared! Poor Bitcoin!Operación activa
Oh no! Bitcoin bulls are getting hammered big time!Poor Bitcoin!
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Ouch! It's getting pounded hard. Damn!Operación activa
They just went super sayan!Operación activa
Bearish cypher is winning, and he likes it.Operación activa
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Hmmm... this is starting to look more and more familiar... the colours... the star... who could it be?Operación activa
Check out the numbers for clues. 444 - 888. Sounds like the far east. Asia...Operación activa
Warmer...Operación activa
Oh so BTC is trying to go up? This guys have brought some reinforcements.Operación activa
Communist jets are approaching:Operación activa
Communist fighter jets have started to bomb Bitcoin! NO!Operación activa
Bombs are approaching its target:Operación activa
Communist bombs are about to hit the target!Operación activa
Bombs hit the target... Bitcoin seems to be fine though...Operación activa
Seems like Bitcoin is weakening. Some Litecoin fighter jets are now hovering it. What's the plan now?Operación activa
Litecoin fighter jets are starting to drop SegWit bombs on Bitcoin.Operación activa
SegWit bombs are about to hit their targetOperación activa
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Target hitOperación activa
It's super effective!Operación activa
Oh, bulls want a new attempt! How cute!Operación activa
Too many red dojis. The end is near.Operación activa
Seems like those SegWit bombs really had an impact on Bitcoin.Operación activa
The monster has one last chance against Bitcoin. The BFX missile is getting ready to launch:Nota
Set.Operación activa
Launch.Operación activa
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A critical hit! It's super effective!Operación activa
Now that Bitcoin is going down, the monster has laid a very nice rainbow carpet for it.Operación activa
Added more FIB dimensions.The monster also became Bitdel Castro.
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Relájate and enjoy the ride down my friend.First target seems to be at 1100.
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He seems to be getting ready.Operación activa
Bitel is just waiting for the collapse. Not much going on though.Operación activa
Zooming in, Bitcoin likes riding the rollercoaster, but it looks like this trip is about to take it to a lower level...Operación activa
That's what I call a DUMP. Bitcoin is just continuing with the ride!Operación activa
Let the geometrical rollercoaster continue.Operación activa
Possible contracting pennant formation on BTC.Operación activa
A dragon has kidnapped Bitcoin. Will it take it to a safe place or just dump it?Operación activa
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Bitagon.Operación activa
Bitagon, where will you take Bitcoin now?Operación activa
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Nota
There is an ascending channel that could break down at any moment.Operación activa
This trade will continue in the following threads:Animated version:
Technical Analysis:
Follow the journey of BTC & ZEC:
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