Create account

1996d · BCH Speculation
Wow. Huge dump
Metalbrushes_Tattoo
replied 1996d
Looks like about 10 Billion got sucked out of the crypto space if I’m not mistaken 🤔🤔🤔
replied 1996d
Of total market cap?
Metalbrushes_Tattoo
replied 1996d
Ya total market cap
Metalbrushes_Tattoo
replied 1996d
Closer to 20 Billion now 😬 lol
replied 1996d
Yep probably because the Dow tanked 800 pts.
replied 1996d
Hm. Shorts on btc are already quite high.
Fnuller15
replied 1996d
Still waiting for the BTC breakdown through the $5900-6200 zone.
replied 1996d
Do you think it will happen? It seems very strong right there.
Fnuller15
replied 1995d
Yes - I am convinced BTC will break down through that level. "The more time support is tested, the weaker it gets" is a saying in trading. BTC has tested that level 4-5 times now...
Fnuller15
replied 1995d
Sk8eM dUb
replied 1995d
IDK if that applies to diagonals. If it does, it's a horse-a-piece https://www.tradingview.com/x/luDu6PTp
Fnuller15
replied 1995d
I was thinking more about the horizontal support zone of ~5900-6200 - but who know we could also get a temporary bounce be breaking the diagonal downtrend line - and then a dump...
Fnuller15
replied 1995d
Due to a failed breakout. In general I'm just very bearish for BTC...
Sk8eM dUb
replied 1995d
Harmonic patterns have worked 9 out of 0 times for the past couple months. IDK if it has anything to do with Wall Street or whatever but at this point I think it's a 50/50 call.
Sk8eM dUb
replied 1995d
9 out of 10*** lol, my #1 key is busted
Fnuller15
replied 1995d
Well - it's more like a support zone (as you point out in your chart) than an exact line - I still think it applies and I think that the support zone will be broken
replied 1996d