So, I found similar crash pattern on STRATIS, and it consist of a-b-c-d-e-f phases by now.
In a phase we can see major bullrun.
In b phase we can see 70% drop from ATH (you can measure it on chart using Shift+Click)
In c phase we can see correction from phase b drop, and making new lows in zone where phase a was started.
In d phase correction from phase c to levels near b phase drop.
In e phase small correction of phase d and making new lows under phase a starting zone.
In f phase i expect some relief and sideways in few weeks before bull run (smaller that phase a)
Can we use same analysis on BITCOIN? I think so, if we going to make similar markup of chart with phases, possibly we are in phase c, and now we are near good correction from this drop, and possible will go up to phase b levels (5600-6000).
Thanks for attention, if you have some thoughts on Bitcoin, please share it in comments section.
PSI still expect 3000-3100 (or even 2500$ with flash dump) to touch, it is possible so take care of your portfolio, dont take too much risk on only one level, try to average your entry.
Hope all good and stay profitable!
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ความคิดเห็น
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USDS chart is showing us to sell our USD to BTC, i will do it tomorrow with confirmation
Thank and My Updated View On BTC/USD (17 Dec 2018)
Need advice? can swing up to $3,490 and $3,600
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Our Analysis
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BUY as long as the price is above $3,000
SL $2,900
TP1 $3,490
TP2 $3,600
TP3 $3,820
tarfouss3
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chose your words carefully
FuklingHolly
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danger jp moorgan corp and king salman release eth and btc ... because there are still a lot of negative members ... thank you ... leakage. news from wall street ...
BjornRobben
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Yea Bitcoin is the shitcoin in this case.
cryptobit7trader
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