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10094804 No.10094804 [Reply] [Original]

Who else is in a short right now?
~6500 was the top of this wave.
Bears might try to use this weekend to short more. But think I might close my short somewhere between the 0.5-.618 fib levels.(see pic)

>> No.10094821

no it wasn't
It is all about getting liquidity from normals
For this, they have to pump it again, keep it flat and then dump mid week, so an hourly wick to 6800 - 7050 might be possible in this shit market

>> No.10094834
File: 28 KB, 400x351, 1530038326073.jpg [View same] [iqdb] [saucenao] [google]
10094834

>>10094804
that 30yo boomer that shorts a bull flag one day after futures expired

>> No.10094894
File: 175 KB, 916x1052, Screen Shot 2018-06-30 at 14.01.59.png [View same] [iqdb] [saucenao] [google]
10094894

>>10094821
Wave 3 is in, little context pic for you brainlets.

>> No.10094910

>>10094894
so we will see a continuation of that rising wedge and if the next week doesn't bring any liquidity, it goes down. Also, wave 3 can be longer, and actually should be longer to be a three

>> No.10095226

>>10094910
I think we will need to see a confirmation of once we get to 6100, there is also a possibility of a failed 5th wave. IMO we are still in a bear market. Maybe we wont go sub 6k now but I would say definately after july 20-25th. things might turn ugly for bulls. But even so, I think 45k in long term/1 year is very possible. So I'm very bullish long term but next 2 month bearish.

>> No.10095243

>>10094894
Eliot waves on bart, holy shit i've seen everything

>> No.10095277

>>10094804

shorted a few hours ago
+200EUR so far. TP at 1750EUR.
biz is at least 90% ultra retards.
a few weeks ago i shorted for 3.5kEUR TP. while the regular biztard bought the dip. pathetic.

>> No.10095290

>>10095243
If you look at the daily candles from june24th you will see the waves better. the chart above is hourly candles.

>> No.10095389

>>10095226
>test 6100
So early? wouldn't it be expected that it tests resistance at 6600 first before proceeding to test the neck line?
>45K in 1 year
maybe, I have a feeling that the next marketing wave will coincidently correlate with the ltc halving. Might see bitcoin in the triple digits region till then

>> No.10095419

>>10095277
someday you will gamble the wrong side, get liquidated and neck yourself. meanwhile hodlers who bought the dip will be rich beyond imagination by simply buying and holding

>> No.10095425

>>10094894
you are the brainlet for thinking that .618 is the most common. go home haejin.
you lack intuition and the high iq necessary to do what you are trying to do. factors should flow into your head such order flow and sentiment when thinking about retracement. Instead you just draw a fib square on your dumb graph and say .618 and think you are the wolf of wallstreet. beta trash

>> No.10095436

>>10095389
bitcoin triple digits? what are you smoking?

>> No.10095438

>>10095419

that cope LOL

what are you at -64%?

>> No.10095456

>>10095389
>triple digits
four digits

>> No.10095511

>>10095436
realism with a mix of observing the decline of liquidity and order book manipulation since January

>> No.10095835

>>10095389
Not sure about timing, I'm swing trading it (for 1-3 days).
Ltc halving is pretty far away. But could be, I think ltc might go to 2300 in the next bull run, it has outperformed bitcoin by x1.6 before in December.

>> No.10097017

>>10094804
retracements often alternate, so the 618 might be followed by a retracement to only 328 or a very bullish 236

watch out for the C wave up though, and we can even still retrace to 8000-8500 in the overall downtrend. longs gonna get recked if we bounce down off 8k

>> No.10097046

>>10095277

>makes 200 petty fucking dollars
>brags about it on a anon board and calls everyone else retards

$200?

That is it?

Poorfag / Newfag

>> No.10097110

>>10095835
Not sure about further growing potential of litecoin after coblee basically sold out, in the eyes of the public. Also the pump was probably do to the coinbase listing, before ltc was not much more than an other shitcoin, used as btc testnet. But 2300 is doable in a next bull run, but watch out and put stop loses with a lot of offset, ltc whales are bastards, second generation coiner mostly