IvanLabrie
Long

BTCCNY: Even more bullish...

BTCCHINA:BTCCNY   Bitcoin / Chinese Yuan
a year ago
Simple time at mode analysis suggests BTCCNY             has increasing odds of retesting the 3510 level from where the 9 month downtrend that sent it down after the all time high expired.
It's possible to get back up to the mode by early as December, 2015, and we also have a monthly uptrend signal which points to a rally that should reach 3054.91 by June, 2016.
Price action in the daily is considerably bullish , as explained in my BTCUSD             Bitstamp chart.
A drop back under 1553.82 would invalidate this forecast. Do your due diligence, and good luck.

Kind regards,

Ivan Labrie
Time at Mode FX
a year ago
Trade active:
snapshot


Place 3 buys here.
Third buy, same entry, but lower stop and no tp, sl at 1553.
a year ago
Trade active: First entry filled, 2nd not yet.
a year ago
Comment: Keeps posting new highs...I think the BTC bull market has officially resumed.
a year ago
Comment: Buy the dip again...if offered.
5 months ago
Trade closed: target reached: Time for this uptrend ends soon, will be interesting to see if we manage to go any higher, or if we just fall before the halving date.
2 months ago
Comment: Time for the uptrend expired, and BTC retraced...Time at mode can be really accurate.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
1553? uptrend ,can not down
Reply
IvanLabrie TOP boblovelily5597464
a year ago
Yes, below 1553, it'd be invalid.
+1 Reply
boblovelily5597464 IvanLabrie
a year ago
Maybe back 1600+,and go on up,how do you get the 1553?
Reply
IvanLabrie TOP boblovelily5597464
a year ago
It's the technique that I use. Gives you a framework for prediction and validation or invalidation of forecasts.
Reply
bbrox
a year ago
We are going down broh
Reply
IvanLabrie TOP bbrox
a year ago
Monthly chart ;)
Going down in lower timeframes is just a good buy opportunity here.
Unlike btcusd, this seems to have wings.
Reply
awe.investars
5 months ago
Amazing prediction (y)
Reply
awe.investars awe.investars
5 months ago
Could you please make an analysis on LTCCNY or LTCBTC and LTC/BTC? Will really appreciate it. Thank you.
Reply
IvanLabrie TOP awe.investars
5 months ago
Hi, they are very similar.
Long term forecast was the clearest one in BTC, mostly because the liquidity is smaller in shorter timeframes.
I'll post an updated LTC chart here in a while.
+1 Reply
BuyBitcoin.WS
5 months ago
It is a bit early to expect a retrace ;)

snapshot
Reply
IvanLabrie TOP BuyBitcoin.WS
5 months ago
That's too far in the future for me to predict.
Reply
BuyBitcoin.WS IvanLabrie
5 months ago
I understand but its a cycle that keeps occurring, right now were at the 5th megabull cycle. anyways we shall soon tell!

snapshot
Reply
Alex.Singletary
5 months ago
Well this is a new layout for you. Working out?
Reply
IvanLabrie TOP Alex.Singletary
5 months ago
This is a very old chart mate.
+1 Reply
Alex.Singletary IvanLabrie
5 months ago
LOL forgot to press play lmao
Reply
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