Bitcoin Is Extremely Overbought. Big correction looming. Short

Bitcoin / U.S. dollarBitstamp

Opis

⋅ 5 cze 2019 22:59

I personally do not believe we will see a 61 percent decline however it is the average of all the three previous dumps. I beieve 5.4k will hold us personally. Time will tell but be safe and please like and share for awareness.

Komentarz

⋅ 12 cze 2019 15:06

Update on the daily/short term situation

Komentarz

⋅ 18 cze 2019 16:56

update

Trend Analysis Chart Patterns Bitcoin (Cryptocurrency)BTC BTCUSD xbt XBTUSD

Komentarze

voidarkterror

⋅ 6 cze 2019 11:24

From December 2017 to Mar 2019 (the longest period of BTC's history) without being overbought in stochs rsi

TEXAGG22

⋅ 6 cze 2019 15:12

@voidarkterror, nice observation bro

NewYork888

⋅ 6 cze 2019 04:40

Great post.

TEXAGG22

⋅ 6 cze 2019 15:13

@london55555, many thanks

DalimilBrodsky

⋅ 6 cze 2019 00:20

Very clear, I agree. Nice work. Looks a little bigger than 61.9% ...Overboughtg is very long.
I see a correlation with the NVT indicator.

TEXAGG22

⋅ 6 cze 2019 02:25

@DalimilBrodsky, not a bad take with the nvt comparison. thumbs up

BitcoinBearSlayer

⋅ 5 cze 2019 23:52

We can only get so "overbought" there are only about 4 million available for trade. If we truly ever get to overbought you won't be able to cover your shorts and ANY price.

TEXAGG22

⋅ 6 cze 2019 02:25

@Kwa, you sound very bullish sir

K155MY4R53

⋅ 5 cze 2019 23:12

Interesting analysis - thank you.

TEXAGG22

⋅ 5 cze 2019 23:15

@K155MY4R53, you are welcome and thank you for your comment

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