I'm here with BTC -3.52% Realtime #11.Thanks all of you that supported me in last months and all people joined channel during last week.Let's Start this week BTC -3.52% Realtime.
So As you saw BTC -3.52% couldn't achieve a victory in last days and bears are in charge,temporary.Opposite of what many people think about this falling,i have to say it's one of hardest victory for Bears in last 5 month.I saw many times that bulls tried to not loos and really tried hard but at the end bears win the fight.We have many attempt to made a reversal pattern in chart but couldn't, prove my words.As you remember i mentioned in my last BTC -3.52% Realtime about and how hard it try to break resistance and don't let loos easy.It's opposite of BTC -3.52% manner in last dumps and usually we reached to oversold and quickly bounced of that area but this time we stick in this area,unfortunately.
This reality can show us 2 thing.First,we didn't start to real fall,yet and Second,this time is different and we will not loos easy.Yeah i know,both possibilities can't help us at all.
So let's see what other things we have in chart:
First of all,i mentioned about a in my last BTC -3.52% Realtime,i want to say this is still in play and now it have more credit.look at chart bellow:
It's obvious,what is not clear is that where is it's last stop before working.So i have another chart with my long term logic.see it:
But as you can see this and whole last weeks falling don't mach with my logic,why?as you can see all of falling after December had a (dotted black line)that guide of falling period but this time we will land on bottom line sooner and did not walk on the line,see:
This pattern made methink about this situation different,so i find other possibility that didn't play well till now.Maybe this is not our ultimate solution and just make for us a retrace that help trend to move on line that i draw and after that we will continue falling.See this:
This isn't logical and need one month to complete and i think maybe that pattern will not work,again.This reality and fact about that i mentioned in this idea made me more sure about this situation,this one is different and will have a very different results,maybe good and maybe very bad.I don't sure what will happen but i'm sure that this time is different.
So i don't to talk much this time,honestly i don't want to mislead anybody before 100% assurance.So we will continue monitoring chart and like always i will update this post as soon as i find new signal.
Again like all of you for your supports and your kindness.If you like my work here,please like this post and leave me a comment to know your opinions better.
PS:I published this few hours ago but TV deleted my post because of my telegram channel link.Seem it against the rule,so i publish this again and removed my link.
We had many buy orders in in some exchanges in last hours,more than 5000BTC. Hope they push it up.
As you see BTC climb up in this bearish wedge,yet and somehow it use EMA50 as a support now.at least temporary but what is important is that BTC didn't show us a sign that prove it want to run from this wedge.
I mentioned in first part of my analyse that BTC repeated a pattern since Dec,look at this chart from that day:
I said there BTC show us a different manner this time and has a different way for drop this time.If you read them i said there,i think this broadening wedge will buy some time for BTC and help that to back to it's way,again.Now all of us seeing that.After that day BTC started a sideway(almost) that moved its channel to my expectation.Look today's chart:
Did you see that,this retrace just have a single duty,to guide BTc above that line.
I hope i am in wrong and BTC shows a decent sign to prove this pattern will not repeat.
In another hand we have another bearish signal that naturally is wrong but in crypto market, little players don't decide by nature or reality of a patterns,they just act with emotions that patterns make.In this case we have a some large pattern in chart,and many people talk about it in TV,these days,look at it:
Talking about this H&S show that you don't know anything about technical analyse,it's against nature of this pattern,this is a bearish reversal pattern and we are in a bearish trend,what can this do?revers a downward trend to a downward trend?They are dumb and idiots and give bad feeling to little players that just act with their feelings and emotions,and because of this we need to look at this pattern seriously.Many people will dump their BTC by this stupidly reason and this will make market next move that is dangerous.
Hope traders become more mature and know every pattern well,at least.
Thanks all of you that messaged me in last 3 days and asked about BTC Realtime #12.As all you saw,i didn’t publish this week’s BTC Realtime,but why?
It’s almost 3month that i started this weekly idea and as you know it was a hard work,even if i love it.I updated every idea with every single move of BTC.Sometimes several updates in an hour and sometimes 1 in day.All of that hard work made me little tired.When i started this work i wasn’t alone and 2 of my friends helped me in this but after 2 weeks they decided to stop ,because of their job and life but as you know i love this work and nothing can stop me.Even my main job that i love that too and doing it every day from 9:00 to 18:00.But like everybody i need a break and with situation that BTC stuck in,i decided to use that and give myself a short trip to rest well and start my work again from next week.So BTC Realtime #12 will publish next monday and i hope all of you understand and forgive me for this week.
Wish you best like always,
The big drop is on the way
From the next week, the all market will be down and losses will continue
The bad news is on the way
The first goal is 5200 and the second goal is 4500
All altcoins will fall sharply
Please do not forget stop loss