IvanLabrie
Long

BTCCNY: Even more bullish...

BTCCHINA:BTCCNY   Bitcoin / Chinese Yuan
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
Trade active:
snapshot


Place 3 buys here.
Third buy, same entry, but lower stop and no tp, sl at 1553.
Trade active: First entry filled, 2nd not yet.
Comment: Keeps posting new highs...I think the BTC bull market has officially resumed.
Comment: Buy the dip again...if offered.
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.
Comment: Time for the uptrend expired, and BTC retraced...Time at mode can be really accurate.
Well this is a new layout for you. Working out?
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IvanLabrie PRO Alex.Singletary
This is a very old chart mate.
+1 Reply
LOL forgot to press play lmao
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It is a bit early to expect a retrace ;)

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

snapshot
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Amazing prediction (y)
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awe.investars awe.investars
Could you please make an analysis on LTCCNY or LTCBTC and LTC/BTC? Will really appreciate it. Thank you.
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IvanLabrie PRO awe.investars
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
We are going down broh
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