HEY GUYS. HOW ARE YOU. IF YOU ARE FOLLOWING ME ON OTHER MEDIA, I'VE POSTED A WARNING OF 15TH OF NOVEMBER TO STAY OUT OF THE CURRENT MARKET.
DIDN'T EXPECT SUCH A MASSIVE BREAK DOWN, HOWEVER NOW IS THE TIME TO ADJUST TO THE NEW REALITY.
THE BTCUSD TARGET NOW IS NEAR 2700-3300 USD. UNTIL THEN, I EXPECT SELLERS/BEARS TO REIGN SUPREME.
THERE WILL BE A BOUNCE LATER, IN FACT A STRONG RE-TEST OF 6K BREAOUT AREA, HOWEVER STILL 10 DAYS TO GO IN NOVEMBER AND I EXPECT SELLING TO RESUME WITH SAME/GREATER VELOCITY AS WE CLOSE IN ON THE MONTH END.
THEREFORE STAY SAFE, DO NOT CHART, REVIEW THE CHART WITH MY MARK UP AND GET READY TO PLAY THE BOUNCE (2700-3300 INTO 6000-6100) LATER IN DECEMBER 2018.
AS ALWAYS, I'D APPRECIATE IF YOU UPVOTE MY ANALYSIS AND/OR LEAVE A COMMENT IN THE SECTION BELOW, LET ME KNOW WHAT YOU THINK!
HAVE A NICE DAY RYDERS
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short-term update - bounce to test 5000-5200 then new dump to hit 3400.
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latest update and projection of the cycle low and cycle high, see this chart