Nathanael

Ending diagonal. Bulls gonna hate.

Short
MTGOX:BTCUSD   Bitcoin
7
Here is a bearish scenario for you to chew on:

Wave 4 is currently lower then wave 1 which is a classic tell we are in a ending diagonal. Mixing this bearish sign with my secret fib prediction, I expect us to *at least* see 500's again. I was expecting us to climb up to 920 (see last chart) but now that I have seen this ending diagonal, I'm turning into a warm fuzzy bear. Going to be watching this fall closely, as this may be the last chance to buy bitcoins at an amazing price.

Good luck all.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.