Do You SEE the Four Loaded Guns of This 3rd Wave?
The notes speak for themselves. More updates without candles from the weekly.
This chart shows where the Bitfinex hack mess up the formation on this BB Hybrid Bands.
This chart shows where the Bitfinex hack mess up the formation on this BB Hybrid Bands.
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These WHITE ARROWS depict the TREND of the BB Hybrid's Bands from these Loaded Gun Formations. That's what I call a BULL Stock.
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Took away the Weekly Candles to allow one to see only the bands:
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It is my belief Historical Wave 2 was rejected at the beginning of 2014 due to Mt. Gox Hack. We reverted into a bear trend until we found Preliminary Support (PS) at end of 2014, before selling off into our final Selling Climax (SC) to find bottom; FROM WHICH we completed TWO Automatic Rally's with TESTS before a big Spring into a Long Term Bull Trend (LTBT) of Loaded Guns.
LG-2c "miss fired" and we had to pull out another gun as backup to continue this LTBT. Turns out, we managed to pull through it with the BitFinex Hack and continued that LTBT to our current place where we are FINALLY forming LG-2 ONCE AGAIN to give this LTBT a run worth getting into over the next couple of years at a minimum.
We are currently forming LG-2d at the same support level as LG-2 back in 2013 before it was rejected in early 2014 due to Mt. Gox Hack.
It is quite possible the TREND turns upside the royal blue arrow I drew to slowly get back in line to where the first original LG-2 was being formed but Rejected. I honestly do not believe we have even SEEN the true expression of Bitcoins BULLISHNESS until after we complete Loaded Gun 2.
IT IS ON AT LG-3 EVERYONE !!! IT IS ON.... Just need to make it through completion of LG-2 without another reject.
I simply want to show the LONG TERM trend with BTCUSD in LOG Scale... Pardon the FIB's in the way, please...
David
LG-2c "miss fired" and we had to pull out another gun as backup to continue this LTBT. Turns out, we managed to pull through it with the BitFinex Hack and continued that LTBT to our current place where we are FINALLY forming LG-2 ONCE AGAIN to give this LTBT a run worth getting into over the next couple of years at a minimum.
We are currently forming LG-2d at the same support level as LG-2 back in 2013 before it was rejected in early 2014 due to Mt. Gox Hack.
It is quite possible the TREND turns upside the royal blue arrow I drew to slowly get back in line to where the first original LG-2 was being formed but Rejected. I honestly do not believe we have even SEEN the true expression of Bitcoins BULLISHNESS until after we complete Loaded Gun 2.
IT IS ON AT LG-3 EVERYONE !!! IT IS ON.... Just need to make it through completion of LG-2 without another reject.
I simply want to show the LONG TERM trend with BTCUSD in LOG Scale... Pardon the FIB's in the way, please...
David
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Took off green arrows to allow you to see more of the green dots on the Parabolic SAR...
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Looking at those green dots of when BTC first started it's bull run in 2012 compared to current green dots beginning where we finished our last Automatic Rally with a Test before a Spring in 2015, we may be in for a BIG ride to the NORTH SIDE of the Royal Blue Trend Line I drew on our current track.
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By the way, the 2 charts above were the 2 Week TF, NOT the Weekly (weekly doubled - x2).
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A little closer view of the 2 Week:
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It's actually looking like a long LG-2 forming to fire a round for continued bullishness over the LONG TERM.
