Red_Apple

[Red Apple] "wait until $6200"_BTC/USD_18.08.19

BITFINEX:BTCUSD   Bitcoin
There's "Black Cloud" candle on daily chart...
Let's analysis BTC shortly.

If you are busy, you can just read below briefly
'A. Briefing '
'E. Summary'

before read, click '+Thumb up, +Follow' :-)

A. Briefing
. Black Cloud
. Staying under 20EMA on 4H again...!!
. Breakout neck-line down-ward

B. Candle on daily chart
Black Cloud -> indicating more drop

C. EMA
again,, it is staying under 20EMA on 4H but if it goes up a little, 20EMA and 50EMA can be crossed.

D. Pattern

Re-entering into neck-line of all-patterns(except AB=CD). keep your stop-loss

E. Summary
There're no good signals like Black clouds and 20EMA.
but wait untill $6200 that's the reason why i set stop-loss under the line. it can be supported. Then, there's possibility to be formed 'Rectangle' pattern.
but if BTC falls down under $6200, it can go down to trend-line again. if the situation is happend, i will comment you.

trade with your standards, not with your emotion.

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