And kicking, no matter what you might hear about my rektness.
D, D3, and W all align for this prediction.... Low target same long term downward trendline of high 4000s. Med target low 5000s, high target 5500. I'm thinking by late April or early May. I do not however think that the bottom is necessarily in, either before or after this trade plays out. We will be between 3-6k for all of 2019 and much of 2020.
D, D3, and W all align for this prediction.... Low target same long term downward trendline of high 4000s. Med target low 5000s, high target 5500. I'm thinking by late April or early May. I do not however think that the bottom is necessarily in, either before or after this trade plays out. We will be between 3-6k for all of 2019 and much of 2020.
Comment:
4000 range is cloud and fib resistance, likely pull back here, and definitely could breakdown again without moving higher. Still, price moved through daiy kijun pretty strongly and this sets the stage for a TK twist with price in the cloud over the coming week or so - which hints at a move to the flat kumo at 5500. 3d and W still line up. Prediction looking good so far. I'd really like to see a daily close above 4000 today. We shall see.
Comment:
This could still go either way, but a daily close above 4250 will make me believe we see the red trend line touched at the very least, but more likely the top of the cloud at 5500.
Comment:
I think my trade is going to play out as called - but entering here makes no sense. Be patient, wait for breakout and retrace. Then go ballz deep.
Trade closed: target reached:
Well there was no breakout and retrace, just a massive breakout lol. That's bitcoin for you.
Likely will still move to 5500, but my low end target has been reached, the downward trendline for all of 2018 has been smashed through as predicted and I will close this idea at this point.
What i expect moving forward is quite simple and easy money. Trade the range.
Likely will still move to 5500, but my low end target has been reached, the downward trendline for all of 2018 has been smashed through as predicted and I will close this idea at this point.
What i expect moving forward is quite simple and easy money. Trade the range.
Comment:
Tagged my high end target of 5500 before strong pullback. I was hoping for more of a wick into the red band. May still happen, but I've sold all my coin now and waiting for the next setup.