NTEC

SURPRISE!!!

Short
NTEC Updated   
BITSTAMP:BTCUSD   Bitcoin
You didn't think things would be simple, did you?

PM me if you want access to my private charts.
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I'm offering access to private charts showing future Bitcoin price movements in 1 week increments, charts are produced as the Bitcoin price develops.
If unexpected developments appear to be changing the projected trajectory then a replacement chart will be preemptively sent out.

The charts are purposefully simple and show only the following:

1) Optimal Entry price range
2) Optimal Exit price range
3) A time range for the trade setup
4) Resistance and support lines which may impact the price during the trading period
5) An outline of one possible path from the entry price range to the exit price range

How you trade, the exact price at which you enter, exit, the amount of margin utilized, the amount of captial utilized, strategies like pyramidying etc are entirely dependent on the trader/end-user of the charts.
This means that I take no responsibility for any profits/losses generated. This is simply because you can know exactly where the price will end up, even know how long it will take to get there, AND still lose money because of botched execution.

I provide the setup. You execute the trade as best you can.

Note that not every single chart will show an entry price range or an exit price range. It may simply outline a path for the weekly period.
If an entry price range is not shown then it means the OPTIMAL price for entry was on a previous week's chart (when this is the case, the chart will note what the optimal entry price was).
If an exit price range is not shown then it means the OPTIMAL price for exit is on a future week's chart (for obvious reasons this will not be provided).
It is important to consider that outside the optimal prices, the price may retrace, sometimes significantly, prior to resuming the outlined path.

The charts come with a money-back guarantee. If the chart you were provided did not provide the services advertised above, you can simply choose not to pay me.
However, if the chart provided was accurate and there is no payment, I will restrict your accesss to future charts.
Unfortuantely, this does require a system of verification and I will need a selfie with a government issued ID and your cell phone # if you want to take advantage of the guarantee.

If you do not wish to provide this information then payment is required upfront.

The 1st chart is free for the first 10 people who pm me to request it. However, the freebie comes with the obligation to write up a review of your experience using the chart AND to make yourself available through the tradingview chat feature for anyone who may have questions or concerns.
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The big drop happens when this Head and Shoulders pattern is completed:
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Fee schedule for weekly private charts:

x3 increase per chart until the 3rd chart
First non-free chart = 0.01BTC
Second non-free chart = 0.03BTC
Third non-free chart = 0.09BTC
Max price per chart capped at 0.09BTC

Max number of participants capped at 10 traders.
A trader on the participants list drops off after a month of no activity.
A publicly accessible list of participants (shown by private ID), including their span of inactivity, and the accompanying waiting list (shown by assigned private ID).

Alternative Subscription Fee schedule for private charts outside of the core 10:
Monthly subscription service (weekly charts as they come out) at 0.25BTC

Does my math work out??
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We're going to start dropping in less than 30mins
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Updated path: Head and Shoulders #1
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Head and shoulders #2
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Head and Shoulders #3
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Note that the price doesn't necessarily have to hit 6500 first to start going down. However, if it does it will hit a resistance line what it won't be able to get back above unless it takes a hard fall first. A V shaped bounce is the only thing that will give BTC enough strength to get above it. As shown on original chart, $4500 is where the candle body will end up. There is significant support at $5000 but due to the nature of the panic sale it won't be able to stop the drop immediately, it will however slow it down enough for it to come to eventually come to a stop around the $4500. This does not discount the fact that on some exchanges the price might go even lower creating a long wick in the process. Depending on the volume the exchange commands, this drop could go as far down as $1250. That is the price level at which we had the crash in 2014. If it does go down that low the recovery back up to $4500 will be fast and furious. At $5000 is the beginning of what I consider the actual bubble part of the last year's parabolic run. $1250 is the beginning of the recovery from the 2014 bubble, right as the price begins to swing up past it's previous high and starts a climb which eventually becomes parabolic. Note that if the price goes below $4500 it will hit it and retract in a matter of minutes. But it will linger at $4500 for a few days minimum. So I would a closing order at 1300, then if it doesn't hit manually close the short trade once the price starts flatting out at 4500. The price might yoyo between 4500 and 5000 for days, so if you're utilizing high degree of margin it would be best to not enter your long position until the price is firmly above the 5000 mark.
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