BITCOIN - End of correction ? Which strategy for us ?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
XUANHAIMMOER come back ;

Hi guys, long time no see, miss all you. I promise I will come back when the market has clearly signal.

From the last time when we have strong dump with suddenly drop from 41xx in 10 Jan, I have been trying waited for the action of market until now. Market kill short and long entry a lot from the short term period. But at this time, from my opinion we may have chance for next bull run in middle term. I do not expect for high target, I give you target 1 and 2 are the end of wave 3 and wave 5 in big wave C.

Now we are in big Falling Wedge like ABC correction and we prepare for end of wave B. We have a lot Bear Flag Pattern occur insight of Falling Wedge with suddenly dump. I think we may have 1 more Bear Flag and break down the Falling Wedge to make Bear Trap zone and this is good time for us can have accumulated buying zone in here.

Note: This analysis is not make sure 100% about how Bitcoin going, but this is really good entry I give all you.

Buy zone: Bear Trap zone
Stop loss: Last bottom
Take profit 1 & 2: End of wave 3 and end of wave 5.

I build simulator draw in price for you can image how we going in next time with these target.

All detail I take note in the chart so get it as reference.

Good luck all you guys.

LOVE ALL YOU - LIKE and FOLLOW for support Author

Comment: Till we drop for right now, just watch the buy zone in below, guys.

What we focus are buy zone and take profit zone in middle term.

The job is not watching in small time frame and making profit from risk entry, look in middle term.
Comment: BITCOIN - Dead ? Where we are in cycle ?
Comment: Going up and down again as predict
Comment: Going exactly until now, we wait for fake break down channel and buy !
Comment: Coming to target guys. Follow this idea !
Comment: Nearly with target of wave 3 !
Comment: We can take profit in short term with RSI divergence in 4 hours chart

Comment: Very success entry for us ! Congrate !
Comment: Reached all target - huge profit !
Trade closed: target reached


OMG, you ? back with elliot waves after you sent all your followers to certain stop-loss or liquidation? You drawings are ok, but they aren't linked to reality, they are linked to your biased wish.
+8 Reply
SpiryXBT SpiryXBT

I am looking at this and I always laugh hard on how many gave you likes and how many views you had and all of them lost.
+4 Reply
@spirymedia,reveal many post bro, 1 wrong not mean all, and I update for everyday for take care in short term and also give all you stop loss when Bitcoin come higher 41xx.
+1 Reply
@spirymedia, thank bro for feed back, I give all you strategy with low risk and put stop loss. It is not safe if we do not have this. It is also not our wish, we doing this job for neutral view.
+2 Reply
SpiryXBT xuanhaimmoer
@xuanhaimmoer, Your are good technically as DRAWING. Yet not as point of view in technical market, meaning you stick on Elliot waves but they are other patterns that are unfolding inside any market wave. Many failed up-movments that were insta-rejected should tip-off that this ain't going nowhere. I can tell you that 3700-3800$ are major sellers zone now, we won't go to 4100$ area for months to come. Who knows maybe years.
+4 Reply
@spirymedia, 3700 - 3800 also big resistance, look at end of wave 3, I notify take profit 1 in here bro !
SpiryXBT xuanhaimmoer
@xuanhaimmoer, Correct bro. Just don't overextend your waves. That's all. Take care keep us updated .
+1 Reply
@spirymedia, welcome !
SpiryXBT xuanhaimmoer
@xuanhaimmoer, Also you can see that on 1 week there is a big bear pennant.
+3 Reply
What do you believe, when will the red MA line cross the green one from bottom to top again? Only then would I personally speak of "bottom is in"
+4 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out