HerSerenity
Short

Return to Go. Do not collect $230.

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
1002 13 7
24h lookout, elaborated this time, and based on my spartan cyclic fractal strategy.
The red cycle (blue=mid-cycle of former) has been valid for 24 days already, since the drop from $620, and I expect it to get broken today.


Price just plummeted at the downtrend cycle (i.e. it launched a new trend impulse), confirming that the trend is still intact and going even longer. Next point to take profits is either the upcoming blue cycle or any given target.

My orders are spread accross this zone:
2770 CNY             ~ $460 ( Bitstamp )
2680 CNY             ~ $440
Put a Fibonacci circle in it :) That shows you where the trend change might occur:


direct link:
snapshot


snapshot
+1 Reply
HerSerenity ChartArt
Done that and included in the target rectangle, but I can't deny 2850 is a great candidate as well :D
-1 Reply
ChartArt HerSerenity
If we do the entire "anatomy of a bubble" with 'fear' and 'capitulation', then we are going back to 100 US Dollar.

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$100's are a solid support area, gotta give it that.

My fib circles look awkward, am I placing them wrong?
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ambitious but possible
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It just dumped at the downtrend cycle, meaning the trend is still intact and going a good deal longer, and especially lower. yay!
-1 Reply
minbari PRO HerSerenity
I love it when you talk dirty to me.
+1 Reply
HerSerenity HerSerenity
Next long-worthy reversal at the blue line in ~1.6d which is confirmed by the underlying fractal's pivot points:
snapshot
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BitcoinGuru HerSerenity
so u think were heading again down tonight to 2670 then from their we rally?
Or we will rally upwards in few hours?
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Target hit dead-on on Stamp, my orders on OKC only filled halfway :/
-1 Reply
Are you chinese?
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HerSerenity smalldarkcat
https://www.tradingview.com/u/HerSerenity/
-1 Reply
Wow, incredible !! Very nice :) +1
+1 Reply
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