cryptocashman777

cryptocashman777

Big Correction Coming Soon!

cryptocashman777

I mean just look at the chart, imagine cup and handle on the back side. Then you will get the idea

cryptocashman777

It should hit 20k by May 2020

cryptocashman777

Just following the trends, BTC has to pullback. It went up to far to fast. Correction is healthy!

cryptocashman777

Simple As That

cryptocashman777

That is the line, the longer it takes to hit it before it bottoms. The deeper the drop, lower the price. It is as simple as that. You can look at any indicators, patterns, etc- but it really is as simple as that. Until it hits that line, any major upward movement is a bear trap.

cryptocashman777

To me the only chance BTC has to turn this thing around is to double bottom. Where it bottoms determines how high we are going to go.

cryptocashman777 Updated 

7287 is not a double bottom, so to me if the Whale traders screw up the W pattern for short term pump/dump gains, it will not break the 11800 resistance and most likely will not break the 10k mark. The best thing that can happen for longs is that the double bottom plays out. Then we will have a great Summer. If they break the pattern- we will be channeling trading...