Jocoin

Get in the train and ignore your fear, ATH in 1-2 month

Long
Jocoin Updated   
BITSTAMP:BTCUSD   Bitcoin
Hey traders, i have been following watching and learning from most of you for up to 2 yrs and now i would like to publish my 1st idea because i believe this is the time for btc (this is not financial advice)

I had agreed with 2 traders before calling the bottom for btc few months ago when btc was 3500 and 3400 and here are the comments

ali_1234567
btc about reversing
Dec 12, 2018
Finally! found some one have almost my view which is, B wave is ABCDE , bottom is in .. btc ll see ATH by april-may sooner than we think 21-22k max target
Very simple .. well done Ali
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Rob.Reynolds
BTCUSD $3,500 support, MAJOR low set in December?
Jan 14
Exactly as i see it
B was abcde and C 5 waves down, bottom is in , 1 mini wave done , 2 abc correction is in formed bull flag which is going to break in the next test up
Great work
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Since it happened exactly let me share my general view maybe it become helpful for someone, I see btc as a coin just like any other coin that follow its path no matter what news or volume nothing controlling its path and behavior and a lot of times news and volume doesn't follow the price because its just happen but in different time scale and longer period of time if you look at most of alts you will get the point

Right now btc taking resistance one after another and we got 2d chart hidden bullish divergence i am expecting strong impulse wave 3 to start next days to at least ATH and i am not calling the moon like many others, i see btc from ATH to 3100 was wave 4 and from 3100 we started wave 5 which may end few thousands above ATH

Look closely to the lines on the chart and read every line during thinking in btc as its just a coin and following its path controlled by its behavior nothing else
By the way i am long from 3500 and 4900 (25x) and still

Wish you all great profits
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$900 up in 4 days.
Thats perfect call for the bottom of wave 2
7900 long position added
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Break the blue line resistance and btc should fly
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Its happening resistance taken down and btc flying 10k on sight
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Exactly again and again
12k on sight
This month!
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11200 hit, 10800 support
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That was a fast fake down wick but 1 hr candle close above 10800 bitmex rate
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4 hr close 10600 was strong i expect to resume climbing up btc should hit 12/12500 before real slight correction on 2d chart
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Wow almost 11200 again in few hrs as i said and nice jump
Keep goin BTC
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11600 once again respected for the 4th time i dont know why i still believe 12/12500 will be the area from where this wave going to take a break
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10600 **
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10600 close area respected 4 times. The next 1,4 hr close above 10900 is very important targeting 12/12500 area
There is also hidden bullish divergence on 1 hr chart with rsi and macd
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Here we go! 1 and 4 hour chart show breakout as well as bullish hidden divergence
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11380 hit and steady climbing
Perfect
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Another accurate call! Whats next?

After 10600 area served as a very strong support combined with 1hr,4hr breakout and hidden bullish divergence , I expect this area to be serve again as support after the current wave take a break for about 10-14 days around 12/12500 area and this very important for one reason which is to continue climbing targeting previous ATH
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After 7800 bullish hidden div spotted perfectly on 1,2d chart 2 weeks ago now its time for classic bearish div on daily confirming rally pause at 12/12500 area in a matter of few days
but at same time this is going to be a healthy correction not a crash like everyone calling and the bullish trend will resume in only one condition which is not breaking 10600/11000 area must stand for reversal by all means. I hope this helps.

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Nailed it again! 10800/11200 strong support for due correction

Since i decided to publish my ideas 2 weeks ago to help others because i thought its the time for btc and i am really impressed for how accurate they are one after another.
And now like i said many times before that we are in strong wave 3 since from 7800 this wave should take a break between 12/12500
Now btc hit 12900
I also published another idea for classic bearish div on daily which is going to confirm the break and retrace for a bout a week range

But i still calling for the strong support according to my previous idea between 10600/10800 and 11000/11200 area is going to be the area from where btc should not break it after we hit 12/12500 and this is very important to resume climbing towards previous ATH at least for now and if it didn't happen expect the blood

Just in case we got the reverse I expect the behavior for next wave to be similar to the last one from 7800 or even sharper.

Hope this help
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We wont find out the exact count until general 5 waves are completed.

But i mostly believe 9100 was top of big wave 1 and mini wave 3 was extended after it we rejected to previous 7500 which was same area close to mini wave 4 at same time we got strong hidden bullish div on 2d chart and after it btc fly straight to 13k so far which is more indicator like i said before that we are starting strong general wave 3 from 7800 area to previous ATH area, here are the most possible count if the original one looks confusing but this wont change 9100 was top of general wave 1.

Most important thing now is btc hold 10800/11200 for current due correction or expect blood.
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Don't get excited now 13400 hit
Expect retrace very soon we got bearish div on 1 hr as well as on daily
The area between 11400/10800 should not break for trend continuation
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2d bearish div as well
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What a dump to 11600 after 13800 hit thats another great call

As i said retrace is coming soon and it did in few hours and i mentioned for trend continuation 11400 10800 area must not break down it so for now i expect consolidation for about a week in this range and lets hope it stand for reversal
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We got dump just in time as predicted to support area mentioned

After my last update about btc hit 13400 i told you guys to not get excited especially after we got 1 hr bearish div supported by 1 day and 2 days bearish div

So in few hrs btc hit max fomo at 13900 and dumped hard to 10400 area as i said in some previous ideas that I am expecting rally pause and retrace for a bout a week range to calm down to area between 11200/11400 to 10400/10600 and it should not get broken with daily close for trend continuation and we hit it EXACTLY faster than anyone expected

So let me share my current view which is i see 10400/10600 is very strong and we should reverse from here as its my main condition to resume rally towards previous ATH forming strong wave 3 since from 7800 area

We got a MASSIVE hidden bullish div on 1 hr chart supporting my view and btc should consolidate for a bout a week in this range forming higher lows till it breakout

Warning if 10k broken expect blood and the end of this bull run

Hope this helps
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10800 reached and we got higher low, as we expected, btc gathering strength the next days. we got 1 hr hidden bull div supporting it see below
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Finaly! We got the daily close 10750
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Hidden bullish DIV spotted everywhere! ( click to read the details )
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We got lower low, higher low invalidated that was ABC correction but we still bullish, we were waiting for 1d and 2d daily close between 10500 and 11500 we got 1d 10750 and 2d is very close and its very important to be above 10000 / 10500 area its also critical 10k level not breached with daily close

Low time frame indicator always trick traders that's why we are not doing day or short term trades and we focus on higher time frames and the trend, here is another look:
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2d candle closed above 10500 level as we were expecting which is more confirmation for the reversal as we noticed 10k level breached for few seconds and stood strong!!
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9800 touched this is mostly BEAR TRAP. Wait for 1d candle close.
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4HR hidden bull DIV completed! Bear Trap triggered below 10k

We got daily close 10750 then 2d close 10500 showing btc strong above 10k level but after btc went below 10k level again we should wait for the next daily candle close but we are still bullish because indicators now went very low and gave chance to form 4hr hidden bull div we were waiting for the last couple of days which is now very clear on rsi and macd
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What a bear trap!! We did call for it guys, Btc reach 9600 area but daily candle close is above 10800 again!
Since we hit 13900 in Jun 26 we expected to consolidate for about a week between 10500 and 11500 level with daily close above 10k level and we got that, during this week the lowest daily close was 10600.

And we said many times 10k level should not be broken with daily close and so far this stand strong beside 4HR hidden bull div completed we can officially say now consolidation has ended and BTC is ready to resume uptrend.
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This was a perfect matching for 2d close 10500 forming wave 2 in general wave 3 according to my waves in this post, now expect btc to take down the 2nd BLUE resistance line in next days and once it close 2d candle above 12k area, I am telling you guys BTC WILL FLY
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Bullish Descending Broadening Wedge In play!
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Inverse H&S inside the WEDGE which is more bullish pattern confirming breakout in the next 1-2 days
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The wedge still in play and developing as expected although it took longer time but the wedge resistance has been confirmed with 4 times touch lower low. As well as 11/11400 area holding very nice.

I am expecting breakout to upside in anytime very soon. Watch out!
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Watch out! We got the WEDGE Breakout! (click to read details)
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Bitcoin free fly incoming! (click to read details)
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As we said in last update, if the price go below 11500 with 4 hr candle close this will invalidate my view but We have got 4 hr candle close above 11600 twice and its very clear btc is reversing right now , We have got hidden bullish divergence on 4 hr which is very clear:
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Not only 4 hr bullish hidden divergence but also 1 hr classic bullish divergence as well as macd crossover, have a look:
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1hr classic bull div + 4hr hidden bull div ( CONFIRMED )
When i published this idea ( Bitcoin free fly incoming! ) before we drop from 13k level, I did explain its still incoming and retrace to 12k level is very possible and we did retraced below it as well as i said we should wait 2-3 sideway moves before shooting upside
So the idea still in process and so early to judge when dealing with 2d time frame even if we got closed below 11500 in lower timeframes but we did reverse very nice after we spotted divergences just in time before it complete and we did share with you!

I really wonder some people who asking for updates privately or in comments without even pressing like to the idea!!!
Another thing i would like to point out, look to the trend line:
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Bitcoin bull run fractals on daily - Targeting Golden Ratio! ( click to read details )
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1hr classic bull div + 4hr hidden bull div + 1d hidden bull div ( Completed )
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Correction is almost over - no need to panic!
Although we got lower price but in my opinion it doesn't invalidate anything yet, divergences on lower time frames most of times are complex but its a clear sign that reversal is coming.
So if we look to the daily, we can adjust the trendline and today candle close will tell us if its still valid. The pattern will turn to be a large pennant more than a triangle and both of them most of times are bullish when formed in uptrend.

The fractals on daily rsi&macd are almost completed so yea today should be the day to make it or break it. daily close below 10300 going to be very bad.
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Anyone wondering what is the count for the previous bear market correction in my opinion:
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