Jeekis
Long

Manipulation and big bear reversal

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As we are crossing back to 8000, we can see lot of people getting back in. That's all about it. About manipulation. We can see BTC pull back to 9000, but we have to see again levels around 5800. If we won't sustant this level we will pull back lower to level around 4500.
As for now, EMA 200 need to be re-tested as FIBO 61,8.


Now for LONG, and at higher levels closing all positions.

I'll keep post updated.
Comment: BTC jumping from MA and keep moving up. We can see crossing ressistance and going straight up. If we close around 8400 today, we could see jump straight to 9000. After touching 61.8% FIBO we will se brutal BEAR Pull to 4500-4000$.
Comment: Huge information came. We will see maximum spike to 8600-8700$ then BRUTAL bear pull back to around 6000$. Take a care guys.

This is Bear fishing. Do not buy now!!
Comment: Bitcoin is moving to absolute perfection. I would be very careful in this position. From my sources, big players will start to short at 9300-9500. We will see btc at 6000 maybe even this week.

Take care.
Comment: As we can see. My line is getting some serious respect. From calls i got from bigger players we can see fake push through 9000$+ for people to get to long. Public need to believe that we are going up. This is the biggest bear trap i have ever seen. In this week we will see lot of reds. I'm also expecting lot of bad news coming this week from media. I will keep updated what is coming. Hit up like button to get this idea to more people. Thanks. Take care.
Comment: Spike is coming through to absolute perfection as i draw it.
I would be very carefull right now.
Comment: No words needed. Just look at the perfection of reversal. Here we come. Short is here.
Comment: We could be seeing reversal to 9300$.
But alts are now bleeding as hell.
Maybe this is just another manipulation to others to sell. In this moment i'm really scared of what is about to happen. Because the movement is really precise as i expected it. If BTC drop to 4500$ people will be very scared to jump back in.
If we close below 9000$ again, it's obvious that we will see 6000$ level again.
Comment: Just now stopped at 61,8 Fibonacci.
If we broke above this level we would likely see 10 500$.
If we did not we will be pushed towards 8919.
In this position of market news, new people getting in, the volume of buying is too high and brutal. People and bull won't let it down. Bears for now have low hands.
Let's see how it really goes.

Comment: Hello everyone.
If you can see we reversed with BTC from my levels to 8610 right now.
Just as was expected.
We could see some high pumps on alts like XRP,ADA,ZRX or IOTA.
But this momentum is showing me clearly my prediction was clear and we will go to 4500$.
Comment: Just now testing MA 8. My personal strong resistance level. We could be seeing some pushback again before closing daily candle back above 9000. If we do close above. We will be seeing some last pumps on alts and BTC before huge dump.
Do not say i didn't said it.
Comment: We bounced from my personal EMA just as was expected. Just like i said we are pushing Back. Lets see how todays candle will go. I will be giving huge Update and new candle formation on tradingview just today. Thanks for huge support.
Comment: Hello everyone, i'm hoping that you are a having a great day :)
As you can see, my idea are getting some serious respect from BTC.

For today, Bitcoin is showing that he is weak again. Sustating at weekly resist and likely to be pushed below. Volume of bears are getting back.
There will be last pushback higher for today and as i expect we will close below WR and will push lower straight to 8000 in few days for new consolidation zone.
From where we will push to 6600$ atleast. If BTC will show again that he is not strong enough and will need to find new bottom he will go around 5000-5500$.

Be carefull gays.
Good luck with trades.

Comment: Everything as planned.
Comment: Crossing MA and EMA.

We are likely to come to 8800 level.
If we get through ->6650 here we come.
Comment: Sniper.
Comment: Below down-trend.
Below MA,EMA and EMA.
Close below 8800 means we are likely to come to 7800.
Comment: 7800 Here we come.
Comment: Updates and info now here:
<<<
https://t.me/joinchat/AAAAAElanLoD9tRGx1...
Comment: All levels breaked down here with updated chart.

You can also join my free telegram channel:
https://t.me/jeekisTWG

Comment: Where are those bull-runners now ?

Shorts feeding well.

5800 soon.

You are not in my telegram?
https://t.me/jeekisTWG

Comment: Don't forget to join my group where i share most of my insights.
Also have possibility to join my chat community group where you can ask me question. All for free.

https://t.me/jeekisTWG
Comment: Just started public road from 1 to 10 BTC.

You can join me up here.
ALL FOR FREE.

https://t.me/jeekisTWG
Comment:
Comment: Target hit once again, wait for that 3500$ sweet spot .
Comment: Giving some shots by daily.

Don't forget to join my daily insights.

https://t.me/jeekisTWG
Comment: Check out my new chart.

Comment: Just a quick brief update on BTC and what happened.

We had a further decline of 7100 from where we headed to find higher low around 6800 where is also 1.27 aligned.
We touched short-term up-trend and pulled back up.

From 4H perspective we are still in EMA/MA channel so we don't have confirmation for further bullish momentum. Even tho before daily candle looks kinda bullish and we are having crossover on 1H. This still doesn't confirms we are headed to 7,4-7,7k.

We may get back to the short term up-trend re-test and get back up, or flash crash just from here to re-test 6669-6650.
Right now, market is again becoming overlonger as BTCUSDSHORTS are getting rough days.

I think market should stabilize at some point between those 6669-6650 levels.

Again wedge/triangle?

Both scenarios counts with 7,4-7,7 as a top. So if we flash crash or pump from this place we know what to do.

start DCA short from 7550-7750.

Long 6000 with S/L at 5700.

Hard long around 5,2k.

(Long term trades)

For our current daily opportunity we had short with around 6900+- which i halfed and re-opened back at 7100. And take profit just today at 6800.

Next intra-day opportunity will be announced soon.
For now staying flat.

Comments

Still thinking 4500?
+2 Reply
Jeekis BitcoinNewb
@BitcoinNewb, yes.
Reply
@Jeekis, thanks for the reply. I'll reserve going long until then
Reply
Let the shorts come it will fuel the next wave. Look at the fundamentals, never been better and don't forget that Bitcoin is pure supply and demand and a one-of-a-kind asset : supply curve is already established no matter the price of the underlying asset, so demand is king! (and Bitcoin has a tendency to break up from raising wedges)

The way I see this is : What would be the scenario that would destroy most people?
My answer is: Make things look very bearish, then pump like mad leaving a maximum amount of people (mostly traders and weak hands) looking at the train leaving the station.

This is only my view and I could be wrong, as I could be right.
+2 Reply
@iZoD, Another way to look at it is what scenario would allow the big whales to scoop up as many cheap coins as possible? Drop the price down. Or if they want to destroy a bunch of people, they could also make it look like the train is leaving the station, people FOMO in, then they drop the price, people panic sell out and they scoop up the cheap coin afterwards. Rinse and repeat until capitulation has actually happened. Many scenarios are possible.
+1 Reply
iZoD kaylbee
@kaylbee, I'm sorry but most of the volume is OTC, it would make no sense for a real whale to try to buy 100k BTCs on the open market. Even 10k order would move the market.

PS: if we break 9500 RIP shorters
Reply
You called this "biggest bear trap." Did you mean to say bull trap to get people to go long? Also, your title says bear reversal and yet you're declaring going "long" next to the title. Please clarify what you really mean. I'm seeing conflicting words in your publication. Thank you.
+2 Reply
Jeekis cryptocat888
@cryptocat888, i stated i was miss spelled down in comments. I meant bull trap. I'm going long for the zone i marked in charts in fibo level, where i'm expecting big reversal down to 6000$.
Reply
Hey @Jeekis for long time you are the best one prediction future moves. I wanted you to know that there are people appreciating your insights. Thanks once again.
+1 Reply
Jeekis petrkovacik
@petrkovacik, Thank you very much :-)
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out