Bitcoin 7/11/19 - That happened fast! by rpgbuilders

bitcoin · @rpgbuilders · Jul 11 '19

$0.02

Bitcoin 7/11/19 - That happened fast!

Just as I finished yesterday's chart, that stated we are in our last touch of the trend line (which we didn't quite make) The price went down in a hurry, just as I have been calling. Should take a few days to get down and really test those bottom trend lines! ![chart.jpg](https://cdn.steemitimages.com/DQmUy7vWSerngXG8tBXhxcuC7EEYEc9wRm2g5P7PmyVr5CS/chart.jpg) 
Here's what I see currently. The price will bounce around between the yellow trend lines, before falling lower. Although we must always consider bounce the opposite way in our triangle, which could be possible and still in play, but at the moment that's not what I see. I was looking for play and found a few good shorting spots, but I won't even be playing these. Just making notes to see what happens tomorrow. I will be really focusing on the bottom trend lines, yep all three!! lol 

Here's what I would like or kinda think will happen....![chart.jpg](https://cdn.steemitimages.com/DQmeKnarU4nTy6fuYzeebL23jmgdTMPbWUwZwUyXfZ6Dvbh/chart.jpg)
A,B,C,D,E, into my green target? However could that mean we get rejected by that trend line and head down farther into the .618 regions, confirming our 5 count and that was wave one and we are completing wave 2? This is not financial advice! This is more of my trading journal than anything!

👍 jankos55, steemitboard, luueetang, mmansfield, brickmanbrad, cpufronz, nanobot, gamemods

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@starving · Jul 11 '19

big correction i wasn't expecting this

👍 rpgbuilders

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@rpgbuilders · Jul 11 '19

I’ve been calling for it for about a week now, give me a follow. 😉👍I don’t want to give exact calls, but heads up when something’s gonna happen! The secret is mapping different scenarios! 

Posted using [Partiko iOS](https://partiko.app/referral/rpgbuilders)

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@steemitboard · Jul 11 '19

Congratulations @rpgbuilders! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@rpgbuilders/votes.png?201907111719"></td><td>You distributed more than 2000 upvotes. Your next target is to reach 3000 upvotes.</td></tr>
</table>

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@jankos55 · Jul 11 '19

If you look at the charts from the trends perspective it might seem doubting . IF you see this as a range than you see opportunity .

👍 rpgbuilders

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@rpgbuilders · Jul 11 '19

“Ranges” 😀👍Been really making trendlines my friends lately!! Thanks for the comment!! 

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@cpufronz · Jul 11 '19

$0.02

Congratulations on your call 😀

I agree with you: now we are going to see some bouncing and then maybe a drop, although I can't really give a time window for that. My gut feeling says that the drop will come by August, but that's really just my gut feeling.

👍 sbi5, phasewalker, rpgbuilders

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@rpgbuilders · Jul 11 '19

Thanks!! Wave “A” was 6 days, “B” 7 days, although this might take a few days longer. I’m saying 6/10 days tops. That’s just to the target or those trend lines. Now if we are talking that big drop to 2k that’s gonna take a while. Although it would be shortly after this, so your gut feeling might not be that far off. Overall I’m favoring the bulls, but super aware of the count that could see a nasty drop!! 

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👍 cpufronz

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@cpufronz · Jul 12 '19

$0.02

Good to hear that my gut feeling is at least somewhat reliable :)

👍 sbi7, phasewalker

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