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MachiavelliTrader
11 Jul 2020 pukul 21.11

BITCOIN breakdown is here than you think(shorting to 8400 Next) Penjualan

Bitcoin / TetherUSBinance

Deskripsi

Bitcoin is about to go south from 9220 to 8400, My video will tell you more why I am shorting BTCUSDT from the current 9220 to 8400 support. I know that bulls can push it to 9300 still because of the current consolidation but I won't test faith as bulls are too weak to be trusted and I am allergic to red bags so I will stick to where the bag looks more green(Bears)until otherwise. so yes I am bearish at the moment.
Thanks for your constant support and likes.

Komentar

wow theses bulls never surprise me, they made it to 9300 like I said and dumped and is still dumping now
Komentar
Phi-Deltalytics
Nice ideas!
We agree BTC is due for a short-term correction.
CME institutional traders’ net position remains similar to the level in mid-February 2020, and it has been dropping significantly since BTC attempted 10k. This makes it very hard to argue the short-term bull side.
What do you think of our setup below?
MachiavelliTrader
@Phi-Deltalytics you are right, good point
Phi-Deltalytics
@MachiavelliTrader, Looking at a higher support than 8.4k, but the bullish strength is dying! Check out our setup:
Exactus
nice outlook
MachiavelliTrader
@Exactus thank you
bestfarbit74
very nice explanation. keep it up
MachiavelliTrader
@bestfarbit74 thank you
Darcovicness
Tables booked 800 000 xrp short. See you at 8200 :)
MachiavelliTrader
@Darcovicness I totally agree with you on that
Darcovicness
Hello friend. Yes, the bull steak is served medium from Monday. Tables booking starts from tomorrow night :)

Small bounce from 8200 where the inverted H&S becomes the new bull trap, bitcoin is on a mission to create the biggest descending triangle pattern ever seen.

I hope 8200-8400 is the last bottom, but doubt it
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