Still believing in bears
Aktualisiert
Only to remember:
At the beginning of the bear market, many thought we would bounce at $18000, $15000, $10000.
Later, many people think that we will never go below $7500 again.
When we were at $6000, many expected $4000-5000, but instead we've gone up.
After a $9000 breakout, many now say we would see $12000. What is next?
Listed signs:
-EMA cross
-RSI bottom and same course
-MACD crosses and same course
-Downtrend line breakout
= Bull trap?
Conclusion: I still believe that this is a bull trap.
At the beginning of the bear market, many thought we would bounce at $18000, $15000, $10000.
Later, many people think that we will never go below $7500 again.
When we were at $6000, many expected $4000-5000, but instead we've gone up.
After a $9000 breakout, many now say we would see $12000. What is next?
Listed signs:
-EMA cross
-RSI bottom and same course
-MACD crosses and same course
-Downtrend line breakout
= Bull trap?
Conclusion: I still believe that this is a bull trap.
Anmerkung
Why did not I compare the charts in the short term? if that happens, then we can predict the next time more accurately:Anmerkung
Volume getting lower, charts in different time frames are showing bearish signs.Is this the coming drop?
Anmerkung
Question to you:Anmerkung
Just postet it as an idea. I would be glad if you take a look on it:
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