orminlange

Next ISHS formation but greater than before

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orminlange Güncellendi   
BITFINEX:BTCUSD   Bitcoin
Next ISHS formation but greater than before
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possible targets of doubled ISHS formation

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So setting up pending buy order @ 4500, with sl under red lines (but SL in mind not in exchange). First target around 4900 but only if divergence occurs if not, waiting for divergences on higher levels.
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long position opened @ 4550
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Can BTC do 4900? I think he should do.
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If Bitcoin touch 4900 SL in mind should be moved to entry point (4550USD). Every retrace from 4900 to 4500 will be for me bearish signal. But i hope that 4900 will be only shortterm obstacle to move higher to 5400-5500USD area.
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Ascending triangle did'nt worked so there is another one triangle as always in case of BTC


So i say HODL! :)
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Uff thanks God my TP worked this night well, was so close to not be hited, but this drop now is very bearish sign for Bitcoin.
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Around 60% of ISHS formation fulfiled, and i dont even hope that 100% will be touched right now. So i stay aside until i see next price pattern on chart. Buying dips is also uncomfortable to me.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.