BITCOIN: Count invalidated, Bear Flag instead...
bitcoin·@toofasteddie·
0.000 HBDBITCOIN: Count invalidated, Bear Flag instead...
<p>Bad luck guys, Yesterday's count has been invalidated since the supposed wave (4) went lower than the (1)... That's really a bad signal indeed...</p> <figure class="wp-block-image is-resized"><img src="https://mentormarket.io/toofasteddie/wp-content/uploads/sites/3/2018/12/a-2-1024x452.png" alt="" class="wp-image-2544" width="848" height="374" /><br/></figure> <p>BITCOIN hasn't been able to cross the upper trendline in grey in the pic below. Instead, BITCOIN has been "playing" between two inclined limits, forming what sadly seems a BEAR Flag...</p> <figure class="wp-block-image is-resized"><img src="https://mentormarket.io/toofasteddie/wp-content/uploads/sites/3/2018/12/b-2-1024x451.png" alt="" class="wp-image-2545" width="892" height="392" /><br/></figure> <p>Actually, I see two possible options, unfortunately both of them indicating downside movement.</p> <ul><li><strong>Uptrend Resistance acting as so...</strong></li></ul> <figure class="wp-block-image is-resized"><img src="https://mentormarket.io/toofasteddie/wp-content/uploads/sites/3/2018/12/c-3-1024x455.png" alt="" class="wp-image-2549" width="900" height="399" /><br/></figure> <ul><li><strong>Uptrend Resistance broken but BEAR Flag triggered downwards...</strong></li></ul> <figure class="wp-block-image is-resized"><img src="https://mentormarket.io/toofasteddie/wp-content/uploads/sites/3/2018/12/d-1-1024x452.png" alt="" class="wp-image-2548" width="904" height="399" /><br/></figure> <p>Both options represents a (III) extended wave (in red) and the final A-B-C movement I was expecting one week ago...</p> <p>(V) may not be so long if the (III) has been very extended, that's why I keep a "landing" level just below 3000 USD...</p> <p>Will see.</p> <p><a href="https://steemit.com/@toofasteddie">@toofasteddie</a></p> <hr class="wp-block-separator" /> <h4><em>*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.</em></h4> <hr class="wp-block-separator" /> <hr class="wp-block-separator" /> <hr /> <p style="text-align: center;"><em>Published by <a href="https://mentormarket.io/toofasteddie">Too Fast Eddie</a> </em></p> <p style="text-align: center;"><em> on </em></p> <center><a href="https://mentormarket.io"><img class="size-full wp-image-2374 aligncenter" src="https://mentormarket.io/mentor/wp-content/uploads/sites/2/2018/11/150-blue-Overlay-6.png" alt="" width="150" height="40" /></a></center><center><em>with <a href="https://wordpress.org/plugins/steempress/">SteemPress</a></em></center><center><em>https://mentormarket.io/toofasteddie/bitcoin-count-invalidated-bear-flag-instead/ </em></center> <hr /> <p style="text-align: center;"><a href="https://mentormarket.io/about/terms-of-service/"><img class="alignnone size-full wp-image-2373" src="https://mentormarket.io/mentor/wp-content/uploads/sites/2/2018/11/Disclaimer.png" alt="" width="750" height="125" /></a></p>
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