IvanLabrie
Long

BTCUSD: Liquidation likely over...

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I'm calling the bottom here, after all the liquidation that followed the failure of my last 3-day timeframe signal, as price moved back below the stop loss @ 10986, the selling accelerated until it reached the climax an hour ago.
It's likely that the drop was caused by the Plkus Token scammers, as I was discussing with a client of mine. They are chinese and most likely sold BTC and other coins for USDT to sell the coins for cash in Russia.

I'm long from 9700, added some margin here.

Best of luck,

Ivan Labrie.
Comment: The drop to support followed by a rebound is a good thing. Sentiment peaked, negatively speaking. I'm rather sure we saw the bottom. Holding longs.
Comment: IF the market moves, now is the time...target is 11397 within 11 days.

This will trigger a weekly advance if it hits target, see yellow box upper border for the price and time target.
Comment:
Comment: Weekly is now oversold, and daily seems to be exhausted, as far as selling goes.



This could be the bottom, after trapping technical traders who went short because of the 'triangle'.
great.
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which indicator ur using for these green and red arrows?
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@Amjadsid, it's where the time at mode trend signals start.
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Amjadsid IvanLabrie
@IvanLabrie, u draw it or its some indicator?
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@Amjadsid, it's an analysis methodology. It's systematic and rules based so an indicator could be made but I drew it manually.
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here we go !
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100% agree!... let’s Roll! ... sideways to launch within 60 days...
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