<p>Short relieve, but not so powerful I thought...</p> <p>BITCOIN has had a little move upwards but the volume didn't change so much so, it seems it is not going to be sustainable at all.</p> <p>At the hourly-chart, BTC is still building the last wave in its falling wedge, the 5th ((V) in red roman numbers). </p> <p>Within this Fifth wave we can identify 3 subwaves and the 4th ongoing.</p> <p>The fourth, which is still in formation, has been evolving as a "Bearish Flag" so, I think this is going to be the last tentative of moving upwards before the final drop...</p> <img src="https://mentormarket.io/toofasteddie/wp-content/uploads/sites/3/2018/12/a-4-1024x451.png" alt="" class="wp-image-2561" width="862" height="379" /> <p>At the chart I have traced as well a "Neckline" of a possible Head and Shoulder pattern which still reaffirms even more the necessity of a final fall..</p> <p>Β </p> <img src="https://mentormarket.io/toofasteddie/wp-content/uploads/sites/3/2018/12/b-4-1024x402.png" alt="" class="wp-image-2562" width="833" height="326" /> <p>Bear in mind that the target for landing is still around 2950 USD...in theory, because in practice only the Market God knows :-)</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> <p></p> <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-and-now-a-bearish-flag/ </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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permlink | bitcoinandnowabearishflag-hxan3s0edq | ||||||
category | bitcoin | ||||||
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---|---|---|---|---|---|
anotherjoe | 0 | 1,360,912,097,327 | 100% | ||
escapeamericanow | 0 | 47,274,166,347 | 100% | ||
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fortinbuff | 0 | 1,766,773,944 | 100% | ||
expat | 0 | 458,013,125 | 100% | ||
redes | 0 | 685,520,527,621 | 13% | ||
expatembassy | 0 | 500,362,957 | 100% | ||
timm | 0 | 1,251,782,674,433 | 100% | ||
thecrazygm | 0 | 3,435,546,865 | 100% | ||
grider123 | 0 | 11,838,931,639 | 100% | ||
peter2017 | 0 | 43,364,267,698 | 40% | ||
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pandorasbox | 0 | 10,560,239,149 | 100% | ||
shanibeer | 0 | 20,189,363,631 | 20% | ||
argon | 0 | 88,507,584,962 | 25% | ||
calatorulmiop | 0 | 15,470,741,079 | 30% | ||
scorer | 0 | 28,069,865,266 | 10% | ||
plantstoplanks | 0 | 3,277,839,254 | 7% | ||
lottje | 0 | 2,271,709,984 | 100% | ||
wolfje | 0 | 271,468,765 | 5% | ||
heyimsnuffles | 0 | 5,185,293,479 | 30% | ||
fcalabuig | 0 | 13,978,876,243 | 100% | ||
beiker | 0 | 16,008,983,308 | 100% | ||
smartcoins | 0 | 10,914,363,299 | 10% | ||
matthewwarn | 0 | 14,888,789,382 | 20% | ||
ervinneb | 0 | 36,225,066,189 | 50% | ||
lauriki | 0 | 8,752,980,490 | 100% | ||
diverjoc | 0 | 592,975,915 | 100% | ||
runningproject | 0 | 5,091,048,677 | 35% | ||
cgolano | 0 | 659,186,028 | 100% | ||
amico | 0 | 6,855,655,764 | 17% | ||
inlakech | 0 | 2,484,790,032 | 100% | ||
run.vince.run | 0 | 2,237,678,451 | 17.5% | ||
primersion | 0 | 5,116,683,470 | 26.25% | ||
cryptospa | 0 | 14,972,616,280 | 17.5% | ||
sbi4 | 0 | 4,060,980,474 | 1% | ||
conceptskip | 0 | 4,766,829,042 | 100% | ||
akertxu | 0 | 554,195,243 | 100% | ||
juwelan | 0 | 218,226,014 | 50% | ||
mitrin | 0 | 2,559,035,209 | 100% | ||
heyimsnuffless | 0 | 390,232,396 | 24% | ||
robinhoodupme | 0 | 438,797,588 | 24% | ||
mirrored | 0 | 541,321,261 | 100% | ||
dismayedworld | 0 | 406,029,543 | 100% | ||
timm-caja | 0 | 101,025,606,495 | 100% |
_The end is nigh!_ ... wait... in a bear market that's a _good thing!_ I think you've discerned a likely scenario here, I can see that head and shoulders forming. Drop to $3K is long in the making, but I wonder what happens next... it could be a big spike up resulting in a big dead cat bounce, or we could drop below 3K and enter final capitulation. I think it would probably be more healthy to have a giant dead cat bounce to 5K or so first, than it is to drop straight through $3K
post_id | 67,345,529 |
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author | pandorasbox |
permlink | re-toofasteddie-bitcoinandnowabearishflag-hxan3s0edq-20181212t223034224z |
category | bitcoin |
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toofasteddie | 0 | 24,596,406,017 | 22% |
The point is to discern if we are or not in the final capitulation... Letβs see... Posted using [Partiko iOS](https://steemit.com/@partiko-ios)
post_id | 67,346,147 |
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author | toofasteddie |
permlink | toofasteddie-re-pandorasbox-re-toofasteddie-bitcoinandnowabearishflag-hxan3s0edq-20181212t225055452z |
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spring is comming! i see a huge bull flag in the big picture:)
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permlink | re-toofasteddie-bitcoinandnowabearishflag-hxan3s0edq-20181213t001004162z |
category | bitcoin |
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toofasteddie | 0 | 19,376,192,819 | 17% |
Still winter before π€ͺ Posted using [Partiko iOS](https://steemit.com/@partiko-ios)
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permlink | toofasteddie-re-beiker-re-toofasteddie-bitcoinandnowabearishflag-hxan3s0edq-20181213t065459508z |
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