I can't imagine that BCC 0.22% goes back down to 670 soon. So I think the neckline will act as a strong support instead. But everything depends on BTC -2.08% . I am on a long trade in BCC 0.22% since 1217.
Finally I am looking forward to this... Everything else is short term trading...
I hope that we will come down to 7910 ;-) I will set a buy order at this level...
I can't imagine that BCC goes back down to 670 soon. So I think the neckline will act as a strong support instead. But everything depends on BTC. I am on a long trade in BCC since 1217.
Make your own decisions. I will go long, but it could fall down further...I will set the stop loss close to 109...
This is just an idea... I don't know if it plays out...
I hope that it gets down below 8k. But there is never a guarantee...
You have to decide by yourself when to go on a long trade. This would be my target if we continue to go down...
This might be a bearish flag and I expect more of those to follow...
We have bullish divergence, but decide by yourself. It could also be a bearish flag... Nobody agreed to go short when I said so yesterday...
I am on a long trade because I think this symmetrical triangle will break bullish...
Ok, I am not really serious with this one. I know you don't like my bearish flags anymore because they didn't work out anymore for the last 2 or 3 days...
Only short term and pretty risky...
BCN made around 20% today but I think it has more potential. I might just buy some and keep it for a couple of days. This is not a recommendation, it's your own risk.
This is just the theoretical target... I don't know if we will reach it...
I think we will drop off below 8500...
I am still waiting for BTC to fall below 8k.