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File: 124 KB, 1920x1010, downtrend.png [View same] [iqdb] [saucenao] [google]
12742129 No.12742129 [Reply] [Original]

Daily reminder that we've been on a downtrend, and despite its sharpness, it continues to overperform. Expect a 60% retracement. It is not too late to short it now.

>> No.12742139

>short bitcoin
>get liquidated in random ass squeeze
>kill yourself

>> No.12742146

>>12742139
No need to be autistic, short at 2X and your liquidation is at 7k.

>> No.12742246

The price just keeps going down... the profit window is closing. To add to the fun, notice that an 80% retracement would have us at net sideways movement, which the late bear market always trends towards. But unless sell now I doubt you will catch it. The red dildos are coming.

>> No.12742280

OP, you are a moron.

Watch the falling price right before the last bart upwards. It's a coin toss whether we will see a bart up or down in the next days.

If you short this, the big green dildo is going to rip you a new one.

>> No.12742293

>>12742129
I'm 3x short. Love those dildos earlier today

>> No.12742299

>>12742129
>60% retracement

Obvious buy signal.

>> No.12742309

>>12742280
Well, that's your call. If that is enough for you to ignore the downtrend and the fibonacci then good luck.

>> No.12742316

>>12742129
Textbook bullflag.

>> No.12742321

>>12742299
Yes, it may be a buy signal when we get there. However, don't forget what I said that this could also be an 80% retracement.

But sure, feel free to put buy orders at 3.5k or less.

>> No.12742363
File: 14 KB, 1154x556, difference.png [View same] [iqdb] [saucenao] [google]
12742363

>>12742316
You call that a bull flag?

>> No.12743251
File: 34 KB, 420x673, 1517751190247.jpg [View same] [iqdb] [saucenao] [google]
12743251

>>12742129
>fibing a short term bart structure
lol ok

>H4
>RSI neutral
>MACD practically neutral
>Guppy showing support right under current price
>major support at 3500
>easing down to current level and maintaining it for this long

Yeah alright dood

>> No.12744230

>>12742280
The last price jump didn't make any sense. It's going down again in full force.

>> No.12744595

yes short the bottom
make sure it's a x100