Insane day. Bears have won.

BITFINEX:BTCUSD   Bitcoin / Dollar
The bear flag has broken. I watched from the sidelines all day to try to learn. This was incredibly entertaining.

The bears have done an incredible job selling a TON of coins at the top of the channel (the bottom of the previous downward channel ).

So now we have a scenario where the bears have made abour 30% return from the bear flag and they sold a lot of coins to new people who will feel the pressure of seeling going downward.

Technicaly speaking, the target of a bear flag is equal to the downward movement prior to the bear flag . This leads us to 4400$, which is also the 0.786 Fib level from the 200$-->20000$ bull run

Really insane to watch it all unfold.

Please trade carefully and don't try to catch a falling knife.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden