Chart speaks for itself. I will post more information about the analyse soon.
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For more info check our earlier post about shorting bitcoin. In that post we hitted our first target already. Now we're aming for the second target of that post.
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I made some more explanation of the elliot wave. Just look at the accuracy of the elliot wave on the bitcoin.
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Some more confirmation and explenation about the new down trend.
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I'm out. I don't like the charts anymore.
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My bad, i'm still in this trade. This was ment voor Bitcoincash.
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We're moving in a falling wedge. Spotted by @hollandrisle. In my opinion we should go down again!
We also have a huge resistance of the round number 7000 usd. I set a stop-loss above the 7000usd.
We also have a huge resistance of the round number 7000 usd. I set a stop-loss above the 7000usd.
Trade chiuso: stop raggiunto:
Stop reached of 7.000 usd.