Ellionator

Calling the bottom, as simple as counting

Long
Ellionator Updated   
COINBASE:BTCUSD   Bitcoin
Red areas I'm watching for potential pullback. Green area is accumulation range (best buy zone, see related idea).

Called start of accumulation:
Called exact timing/bottom of trend reversal:
Called the pancakes:
Still long, taking a ladder entry strategy to protect from inevitable pullback (whether it be before or after all time high)



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Comment:
The pullback occurred in the first zone. Which is OK. If it recovers, im targeting the second zone.
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As you can see, flirting with the edge of accumulation and pulling back below the zone. This may be a pullback to 9888 if we don't see 12k slice like butter in the next day or so
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The pullback zone was certainly respected by the whales. BUT it could be that stop hunters are squaring up here, which would be confirmed if we can blast past 11800.

Otherwise, this is bearish to 9888. Trade accordingly.
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As you can see above /\ the whales respected the pullback zone I drew. Very bullish if we can make it past 11800.

Otherwise, bearish to 9888 and the golden fib located there.
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11800 broke, looking bullish to me, im long
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And look at that... 11800 breaks and we begin to impulse upward. The pullback was relatively brief. A parabolic wave to all time highs is now in play
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TP2 13400
TP3 13900
TP4 _____ (waiting)
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It pulled back to the golden retrace. Targets still in place, pullback should be over.
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We've pumped back into the pullback zone. An area for cautious trading. Looks like the whales might want to test 14k again.
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See TP's above. Then if 14k breaks, im expecting an impulse to 17. Therefore I'll be putting in new longs just above 14 (where exactly, not yet decided)
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