Down target is 12000 in 30 min chart
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- #5,964
- Dec 22, 2017 7:56am Dec 22, 2017 7:56am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
There's an old saying, when a cab driver starts talking about the market, its time to get out. A couple of days ago , the driver of the taxi I was in mentioned he was going to invest in Bitcoin, a sure.....
.If I was in it ,I would have sold out right then.
Should buy $13000 then maybe 11k 10k...8k. Noone knows where correction ends....
I'm buying there in a week or three. The worst is to miss opportunity.
So back to you bubba. Your cabbie may appear smarter than you???
Beware of robber banks (RB), bad advisors. 
- #5,965
- Dec 22, 2017 8:18am Dec 22, 2017 8:18am
{quote} But you're not in the trade. The cab driver, if smart, is in it!!!
{quote} But you're not in the trade. The cab driver, if smart, is in it!!!
patience is bitter, but its fruit is sweet
- #5,973
- Dec 22, 2017 8:58am Dec 22, 2017 8:58am
- | Commercial User | Joined Sep 2005 | 2,784 Posts
{quote} Interesting template, would you mind giving us brief outline of how you interpret it?
As you can see, regardless this dip we are having now, the overall situation remain quite bullish (bigger waves are still bullish as long as price stay above 5400 and 2800 level), while the last strong bulls wave that brought price from 7000 to 19000, ended 2 days ago, so we are now retracing a bit.
I think we will see 15800 again soon, then we will have more information about what might happen next.
- #5,975
- Dec 22, 2017 9:07am Dec 22, 2017 9:07am
{quote} It just represent the market "waves", each wave is composed of smaller waves, in this case bullish waves (going up). As you can see, regardless this dip we are having now, the overall situation remain quite bullish (bigger waves are still bullish as long as price stay above 5400 and 2800 level), while the last strong bulls wave that brought price from 7000 to 19000, ended 2 days ago, so we are now retracing a bit. I think we will see 15800 again soon, then we will have more information about what might happen next.
- #5,976
- Dec 22, 2017 9:09am Dec 22, 2017 9:09am
- Joined Apr 2017 | Status: trying to make money | 3,341 Posts
Don't Worry Be Happy
