TheCryptoChartWhisperer

BTC/USD How do we get there? Long the $8k 3rd wave

Long
COINBASE:BTCUSD   Bitcoin
test

Keep It Simple
Comment:
From my vantage point the sequence before the next wave could end at $8,000 +- 5% . In this scenario we begin wave 3 to $9900+ and wave 5 going to $10,400 or about there...early days with this we're ahead of the market. Let's keep it that way.
Comment:
I bet people look at this chart and are dissuaded by the simplicity or the lack of adequate information existing after price action was wrecked by that wick the other day. That's the point...are you wrecked or still alive?
Comment:
mmmmm wave II is $8,000 despite what it says on the chart looks like NASA had a hiccup on the moon mission.
Comment:
Read the previous analysis for the full story on what is happening/will happen.
Comment:
LONG Active yesterday take profit moved to $8405 based on current market condition and we will wait to see the next move.
Comment:
If you're just not convinced yet well ill hold just a bit of hope out for you. Max bull I see short term is this...maybe play of the day? s3.amazonaws.com/tra...shots/o/oTjxzUn2.png
Trade active:
From a day trading POV i'm looking for a short entry $8,500 or above until $8,065.
Trade closed: target reached:
Target For Long Safety Parachute Exit Reached $8405
Comment:
Wave 4 of the bearish diverging leading diagonal was a blowoff and trap to 5 (a head and shoulders reversal pattern within what looked like an IHS creating the left shoulder on larger scope... A-B-C Corrective wave takes place upward and then a 5 wave impulse followed by another smaller a-b-c then a bullish diverging leading diagonal as a finishing moe to the top (should happen in the future) if we Minority Reported this sucker...and if you're confused at this data, information or analysis then we both are.
Trade active:
Trade active: Short Active $8455
Comment:
Short Target Reached $8,036
Trade closed: target reached:
Target for wave 5 reached trade closed
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