Updated BTC downtrend

23 avr. 2018Bitcoin is currently in a descending channel, in a bull-trap and in an inverted cup and handle. All three are bearish patterns which show that btc still have to go down.
It could be invalid if 9k is broken.
SL : 9k
Current target : 5k

23 avr. 2018

Transaction en cours

23 avr. 2018

Commentaire

support line from the bull trap broken : btc will go down quickly

24 avr. 2018

Trade fermée: ordre d’arrêt atteint

Stop loss reached, false breakout
I will reopen at 9k3 :

24 avr. 2018

Commentaire

RSI resistance, trend based fibonnaci show this better elliot wave count :

25 avr. 2018

Transaction en cours

26 avr. 2018

Trade fermée: cible de profit atteinte

a small triangle broke, close short and reopen it at 9180

26 avr. 2018

Transaction en cours

Perfect target :

27 avr. 2018

Commentaire

downtrend continuation :