TheTrex

High Accuracy Intraday chart for BTCUSD

BITFINEX:BTCUSD   Bitcoin / Đô la
Hello, here is a quick gann angle chart for bitcoin             price resistance, the lines/angles act as resistance or support depending on the direction the price is coming from. In the red area price will start to find some more serious resistance and thus it's more confident to short here.
Bình luận: These angles are based on the current range of this smaller downtrend from 9050 to 6440. Breaking above 9050 will start retesting of larger trend into working.
Bình luận: Breaking above 9050 will result in a retest of 9870.
Bình luận: See the 0.618 uptrend angle, that's in general a good angle to see some down retracement.
Bình luận: But the 0.705 angle has to be broken first and that one will be tough too.
Bình luận:
Bình luận: In a wedge, wave 4 should be support if breaking down.
Bình luận: Expecting some dip now so secured some profit.
Bình luận: 7766 support EW-wise
Bình luận: If that fails 7570.
Bình luận: BTC coming in target area.
Bình luận: BTC held support on Gann angle and seems to be heading up again. 8284/8434 next horizontal fibs.
Bình luận:
Bình luận: We are slowly entering the potential short area 8757/9051 looks ideal.
Bình luận: Gann Angle still holding.
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@TheTrex what exchange do you use for shorting bitcoin?
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Do you see us going to 4k?
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then back to 4k
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@TheTrex , according to this chart, 8400 could have been a good shorting place, with the target of 8kish.

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this cyan neckline is holding as support
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7708 last hope according to TPO
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Genuinely every time I tether it goes up (and I’m not doing it at dumb times) so I might just ride it lol
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TheTrex Timothie_Roggers
@Timothie_Roggers, Too bad lol
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Shwayze Timothie_Roggers
@Timothie_Roggers, I support your plan! I spent a little over a month only shorting, to see if I could do it, and to see if I could make profit. Mentally, I was weak and sometimes would not listen to my gut, but I did make profit. Thing is, I hated it, my life was miserable staring at a screen, shorting is stressful! Trade the way you want to, Hold and be happy :)
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@TheTrex , Thank you for the updates. Please keep it coming.
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