(This is not Trading advice ) The four hour TD counter has hit a 9 and should flip to a positive green in about an hour. This means a climb upwards The TD counter has also put a green 'Buy' signal on the forming candle . The bottom looks to be around 7141.
Bình luận
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This may just be a temporary pullback as the graph shows we can enter the 5k region in the coming days/weeks .
Bình luận
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The bottom has to be in now , we have covered the distance of the cup and handle so we must go up ,,grrrrrrr
Hi @mycotoxin , I want to warn you, there is a bigger problem than the "cryptoworld crash".
BTC is down, but you should look the S&P 500, dow jones, CAC40 (I'm French)... I think it's a whole.
I suspect a new financial crisis coming (worst than 2008). I transfer my money to my bank.
I hope I'm wrong ! Good luck ;)
mattwhite23
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Bounce soon?
Thierry15
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Hi @mycotoxin , or maybe 5631 (Bitfinex) ;(
It's a really bad day...
mycotoxin
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@Thierry15, Good point this could, but the graph shows 4 more weeks of correction which makes me suspect it will stop at around 71xx.
i hope it does ..
mycotoxin
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@Thierry15, This is not a good way to start a Monday.
UnknownUnicorn1483630
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@mycotoxin, What would signal a buy for you at 71xx? Or do you already have orders and a stop in?
mycotoxin
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@BrianMacMcNamara, if at least the hourly MACD or RSI start going positive towards the north this will be a good sign - currently they are pointing south indicating possible further downward movement.
Thierry15
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@mycotoxin, that's true ! Monday is the worst day !
Read this ->
mycotoxin
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@Thierry15, cheers this is an interesting graph - Im hoping we get a relief from all this falling - a quick bounce to the lower *8K area before dipping further will be welcome,
Thierry15
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@mycotoxin, I follow this guy for a while, unfortunately he is rarely wrong.
I keep a little hope.. Goodbye lambo, welcome Lada ! ^^
BTC is down, but you should look the S&P 500, dow jones, CAC40 (I'm French)... I think it's a whole.
I suspect a new financial crisis coming (worst than 2008). I transfer my money to my bank.
I hope I'm wrong ! Good luck ;)