Just get it as reference and look at the chart, we are consider all time about Bitcoin and get similar point so maybe Bitcoin will occur like this again in this year. This maybe a believe element for suggesting about the lowest point of Bitcoin for this long - term downtrend.
OK let go to detail to the chart. In the chart above I just find the similar in Candle + + + the + the + the accumulation buy and sell + the point of break-out + the percentage of pump and dump to find the lowest price of Bitcoin .
1. First, we consider about the time in 2013 when Bitcoin sudently pump very very strong from 73$ in July 2013 to 1175$ in December 2013 before down and down in 2014.
As my caculation, Bitcoin has pump 1532%. So look at to the 2017. Bitcoin also pump 2657% from early to the end of this year. So do they have any thing similar? Yes, they are all pump many many before the bubble breaking and down very terrible.
As the caculate, Bitcoin buble break and down 85.77% so if we have same figure, this lowest point for Bitcoin at this time is 2876$ for this long term - downtrend.
2. The second aspect, i want you to look at all the point I draw in the chart and you will see the similar in them. Before the bubble broke, we all see 2 peak and after that are series or lower high and lower low >>> this is surely downtrend in long term.
So if you focus, you will find where we are now? The point I have draw in the chart is where we are at this time. ( I depend on each point and find this moment )
>> We will have 2 fake bottom in here and another bull trap for next before some thing terrible occur.
3. About the Ichimoku: This is easy for you to finding the similar that the indicator are creating red cloud and we will stay along time below this like 2014 and wait for long time to break up the cloud for uptrend really.
4. I consider about the . Oh my got, this also have the same exactly and look look at this chart and you need to see each point I draw. I also draw the trend for and it similar with the price and candles.
OKAY, all in above is my explain about the chart and the conclusion is Bitcoin will have more bull trap again land the target for bull trap in my previous post in here:
The lowest point if Bitcoin want to FUCK us like 2014 is 2876$ by the caculate and it will range from 2800 to 3500 a long time before going up. (like this chart)
After along time it need break the final stroNG resistance in 11200 and we will see the long term uptrend again.
I WAIT TIME TO ANALYSIS SO PLEASE GIVE ME A LIKE AND GET THIS FOR REFERENCE! THANKS FOR ALL!!!
and as I said the final target of this chart is the bull trap like this post as I think.
If any one need the chart of any coin for referrence so you need put a LIKE in all my post in previous and comment in below so I can help you!
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