Don't trust the BTC Up trend
Updated
If you are an old follower for me then i think you sold @ 8500 days ago and as per last posts for me , i told you that it's a bearish market.
You can take a look
This small bull run is nothing , So please don't fall in the trap, the current levels aren't buy levels because we are in the down trend.
Look at the marked points, because these points may be a reflection point. If you think that this is crazy chart, Please move left in the chart and see the marked points, or look at my previous analysis.
The question now: Do you mean it will dump to 6400 ?
Actually 75% it will dump but if you are sure that price is going up don't buy here. Just buy when the up trend is confirmed.
These levels "7500~770" are levels you can short BTC with tight SL "7900" but not opening new positions.
I can expect that a dump will happen and the price will move up again @ 5th June
Stay tuned for updates.
______________________________________
Questions and comments are welcome
You can take a look
This small bull run is nothing , So please don't fall in the trap, the current levels aren't buy levels because we are in the down trend.
Look at the marked points, because these points may be a reflection point. If you think that this is crazy chart, Please move left in the chart and see the marked points, or look at my previous analysis.
The question now: Do you mean it will dump to 6400 ?
Actually 75% it will dump but if you are sure that price is going up don't buy here. Just buy when the up trend is confirmed.
These levels "7500~770" are levels you can short BTC with tight SL "7900" but not opening new positions.
I can expect that a dump will happen and the price will move up again @ 5th June
Stay tuned for updates.
______________________________________
Questions and comments are welcome
Note
this is the trend i drew 11 days ago. look at the marked points and how the price is moving around itNote
Down triangle has been broken which mean that the trend now is going to be up at least till 5th June or 8173. I will update the chart soon
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