ok i will try to explain with my bad english if you speak french go to the french part for better understanding :)
so a lot of good trader think the bear is not over because we didnt made a bottom lower than the bottom of the 6 february.
My theory in two point :
first : exceptional circumstance
mtgox sell lot of btc
big fud with lot of bad news
>>>the price should not have hit 6000
second : wick
the second point complet the first , in fact when we hit 6000 market react very quickly and strongly , so if you take a look on the chart without wick or use over think like me (line) , you will see that :
6 february bottom : around 8000
end of march bottom : around 6800
so we have a bottom lower than the one before and a good crash pattern in 5 waves.. in theory The Crash is Over :)
sorry for my english hope you understand...
like if you apreciate , thanks :)=
so a lot of good trader think the bear is not over because we didnt made a bottom lower than the bottom of the 6 february.
My theory in two point :
first : exceptional circumstance
mtgox sell lot of btc
big fud with lot of bad news
>>>the price should not have hit 6000
second : wick
the second point complet the first , in fact when we hit 6000 market react very quickly and strongly , so if you take a look on the chart without wick or use over think like me (line) , you will see that :
6 february bottom : around 8000
end of march bottom : around 6800
so we have a bottom lower than the one before and a good crash pattern in 5 waves.. in theory The Crash is Over :)
sorry for my english hope you understand...
like if you apreciate , thanks :)=
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.