FatlumBB

FatlumBB

after a fast breakout from the previous resistance and and with the extreme greed that we have do you think that now is the best time for a pull back? Please comment below

FatlumBB

What do you think where we at right now with this market?

FatlumBB

Short Short and Short Short Short and Short Short Short and Short Short Short and Short Short Short and Short

FatlumBB

We got denied in fib 0.618 and we can enter a short trade with risk reward of 3.0 and we will see how it goes

FatlumBB

this is the last chance to get denied in this trendline and if don't get that deny I can say that we are completely f#)@!.

FatlumBB

Lets hope that the this analysis will bring us money letss goooooo SHoooooort

FatlumBB

I guess that this is just a retest of the break trendline and I think that if the price respects the zone we can enter a short trade

FatlumBB

In this zone I think that we will see a refuse but the most it can go it is in 21500,but if we break again 21500 we will talk different

FatlumBB

Okay wait for a big bear again we are getting refused again and again in this zone which mean that when this zone breaks it has a big potential that the bear will end but till then just stay away from bitcoin

FatlumBB

We are so bad right now if we get retested at this level and get refused from it I can say that the bear market is over. Thank you

FatlumBB

Yesterday I got right with my tecical analysis so I think that today we are on a potential short position because we entered the zone that I mentioned yesterday, of course it still has potential to break from it but I don't think so because so many indicators are telling that we are overbought so right now we can easily open a short position.

FatlumBB

I think that if we break from june resistance we will go for long and eventually we will reach the 18200-18600 and if we break from that I can say that the bear market has come to an end but if we get rejected from that zone we will get short and if we break that trendline we will open new Lower Lows

FatlumBB

I think that we just entered a short stage of Bitcoin because we just entered a short zone but if we break from it it will continue bullish but I don't think so because in RSi we are also overbought so I think that we just entered for a short position