Too High, Too Fast? A Bitcoin Cash Crash?

10 nov 2017

Over 200% in a few weeks? We need a short plan!

A breakout from the support at $885 should bring a huge selloff where we can add short positions all the way down to the pivot support at $535. Be advised, there is a classic fibo support at $582 which can reverse the market pretty hard.

Here;s a closer look.


Cheers and GLWT!
-Erik

10 nov 2017

Nota

11 nov 2017

Nota

It was a totally crazy bull flag! I'll post a short idea later on...although, judging by the comments, you guys are not interested in those ones.

11 nov 2017

Trade chiuso: obiettivo raggiunto

11 nov 2017

Nota

Another totally crazy bull flag? lol

12 nov 2017

Trade chiuso: obiettivo raggiunto

1685$ HIT OMG WHEN DREAMS COME TRUE!
I'm taking a break now with BCH

12 nov 2017

Nota

Hahahahaha.... when i sold last night I did not imagine this kind of scenario

12 nov 2017

Nota

Some short targets:


The chart is so messy now that the price went so high

13 nov 2017

Nota

Bring stops up to MIN TP $1153

13 nov 2017

Nota

Ok, let's aim for MAX TP at $908. This is the bottom range of a classic support.

13 nov 2017

Nota

Falling wedge reversal? :) We broke out of the major classic fibo resistance! Need the other chart to join us, tho.

13 nov 2017

Nota

MIN TP hit! Then it fell apart... When dealing with these volatile things, particularly in a countercyclical trade context such as this, you hit your first targets and then break out trade after that.

14 nov 2017

Nota

$1050 ish?

15 nov 2017

Trade attivo

16 nov 2017

Trade chiuso: obiettivo raggiunto

YES!!!

16 nov 2017

Nota

Countercylical bounce?

17 nov 2017

Nota

Hit $905 even better! Ok, now we see the bounce?

17 nov 2017

Nota

Below $1000 is bearish...for now we bullish (but its in a countercyclical environment, so overall bearish).

17 nov 2017

Nota

New thread: