indicators are still bearish. there's a decent probablity we will get a similar scenario to the one circled in orange. watch out for whales spoofing, if you'll see 1000 btc of buy orders stacked at one price be careful not to get bull trapped. 6k is a likely target. this is only a rough prediction like my previous post so don't think it'll follow the shitty line I drawn exactly. my stop loss will be at about $7650.
Indicators are still bearish. there's a decent probablity we will get a similar scenario to the one circled in orange...
i agree you with user
bull trap coming
Post your short postions.
>If you don't have any skin in the game, you can shut your blowholes.
Based on your data, what prices are we looking at next?
>resistance gets rejected
>finex immediately prints 999m tether
>btc to 20k overnight
That's why TA is a meme
right now I'm shorting EOS, I will close some of it if it reaches my targets, if not I will be just laddering more shorts
I take the fact tether might implode at any moment into account
if you really want to take calls from random user I think btc will first retrace to about 7100 (more likely) or 6960 (less likely) and after that go to anywhere between 7300-7600 and down to 6-6,5k
Everyone gather round!! OP made a prediction on Jow Forums that is coming true before our eyes!
is the price of eos acting rationally enough to do this?
Seems like one of the riskier coins to try to short. There's been a bit of fud about price manipulation etc.
Asking simply because I haven't closely followed it.
it seems to follow btc, but I'm also going to short neo and litecoin, just in case there are good news for one of them. at moments eos is out of sync with btc. I suggest waiting for entry after the next peak is formed if it'll be lower and there will be a bearish candle on 1/2/3/4 h time frame this would be a perfect play in terms of risk / reward. so far i'm so 'bear biased' I don't even have a bullish scenario
agreed
I also think we might go to 7600 now before retracing, in that case I would just add to my short position, this would shift my target for the retracement to ~7000-7150.
The bottom should be near.
this seems inevitable now
>Shooting Star
I see TAfags have reached astrology levels of delusion.
this
doji, shooting star, morning star... people that do TA miss the point. All these candles indicate is indecision.
yes, 2 next weeks will see last dip. So fucking what? May pump is only month away.
Are you fucking retarded?
>>If you don't have any skin in the game, you can shut your blowholes.
and whats your skin in the game?
>$10k bags? that's why you don't want to buy cheap? afraid it's not going back?
>indicators
TA is a total snake-oil scam that only works on idiots, who don't have any money anyway. Stop wasting your time trying to manipulate the market to go in favor of your open position, it's dishonest and it will catch up to you.
>TA is a total snake-oil scam that only works on idiots
t.$19k bagholder
>Past performance does not guarantee future results
>short if price is rejected at resistance
yeah, thanks for the insight