BTC Analysis 13Jun18 Late stage of bear market

We are in the previous support zone which was orignally weak on the weekly. I never thought this zone can hold the bear market back. Its only a matter time until we break it. Currently we are over sold but volume nor wix indicator is showing signs of a proper reversal. The 100D SMA is below the 300SMA which has occurred only once in history and it happened with the previous bubble. At the beginning of the bear market i said im 80% confident in us touching atleast 5k and i am still sticking to that plan. I believe 5k will give a BIG bounce and possibly reverse the trend. As we inch closer i believe the bear market will be ending sooner rather than later. Now i dont think we will go in another bubble right away, but i believe we will start having small victories. A sideways market will likely consume this market after we find the low. I dont see the market going below 3,000 but anything can happen. For now we await patiently in fiat and have made substantial gains during the bear market. We look to go long when the reversal presents itself. Best of luck until then.

Kommentar:

Kommentar:

^^reversal trade guide