Bitcoin - Steemless bitcoin, or is it?

in #trading9 years ago

Steemless bitcoin, or is it?


bitcoin.png


Hello steemians, here to deliver some new info on bitcoin.
Read my Last article where I give my take about a possible correction.
I think today bitcoin will decide it's path and we will check witch paths might be.



Bitcoin

Bitcoin is completing the Head & Shoulders pattern as projected and we might see a steep fall soon, but looking at the total market capitalization I see that bitcoin might be funneling for a big leg up


global mk.png

Here we can see that Bitcoin is funneling in a bullish Falling Edge pattern. I will buy my profit from last trade at the trend line ($5.500 USD) and wait to see if either the Bulls or the Bears get control after completing the H&S pattern, which should take no more than today.

Attention with the make or break moment of $5.500 USD Bitcoin and you will be able to jump into the right side before the blood starts dripping.


I have drawn possible scenarios being the Bulls taking control the green arrows and red, the Bears

Bitcoin




Leave a reply

Sort:  

Upvoted! Whatever happens, I personally feel that Cryptocurrencies are the future.... We might be making only a few dollars by trading now. But if we hold for a longer time and buy more when there is a dip, we'll benefit the most in future!! Cinsider upvoting my comment if I am correct 🙂

The trend is still bullish overall. meaning you are right. but I will take the 20% extra I made from the right shoulder alone xD

@resteem.bot
Resteemed to over 5600 followers and 100% upvoted. Thank you for using my service!

Send 0.100 Steem or 0.100 Steem Dollar and the URL in the memo to use the bot.
Read here how the bot from Berlin works.
@resteem.bot

Resteemed by @resteembot! Good Luck!
Curious?
The @resteembot's introduction post
The @reblogger's introduction post
Get more from @resteembot with the #resteembotsentme initiative
Check out the great posts I already resteemed.

Whatever @resteembot resteems, I resteem too!
I am a new, simple to use and cheap resteeming bot
I will automatically resteem posts resteemed by @resteembot until 2017-12-26 00:00:01 +00:00
If you want to read more about me, read my introduction post.

The @OriginalWorks bot has determined this post by @gazur to be original material and upvoted(2%) it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

Crypto is the future, so everythign will go around cryptocurency!

that is an oversimplification and a naive comment about markets. guess you weren't around in last 3 years

This post has received a 0.78 % upvote from @drotto thanks to: @banjo.

Hi! I am a maksudarrahmn. I just upvoted you! I found similar content that readers might be interested in

LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLOOOOOOOOOOOOOOOOOOOOOOOOOOOOOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL

Coin Marketplace

STEEM 0.04
TRX 0.32
JST 0.083
BTC 60791.27
ETH 1560.80
USDT 1.00
SBD 0.47