racethehare

We Called It! Want to Join the RALLY Party? [help inside]

racethehare Updated   
COINBASE:BTCUSD   Bitcoin
Don't freak out. If you missed our call to buy the bottom at $3150 (Yes we did!) Here's how you can get back in the game.

Three Drives (Rally) Pattern:

  • Shorts are being squeezed and shorting again (trying to find the top)
  • Bulls are actually buying (unlike the April short squeeze)
  • Third rally is for the FOMO buyers, and they will get their "shorts" (ahem) handed to them
  • Warning Sign, large candle wick buy back on the drop
  • Too risky to buy in here, not sure how high the final rally will go
  • Too risky to short the top, might go past our number before coming back down

Buying in:
Limit buy down from $3,800 to $3,500 and viola... HODL till $5,800 and you're making 30-40% returns!

You're Welcome,
-racethehair
Comment:
don't forget to put in your guess on the Christmas II game:
Comment:
this call is going as planned. BTC falling out of a bearish wedge (and ascending triangle)
Comment:
Naked Daily chart update:
expecting to find support on the 20-EMA (orange) and the Bollinger Band's Basis (mid) line
Comment:
Completing this original move as called would give us a nice inverse head and shoulders pattern:
Comment:
Almost to our support. Here's an updated TA with a falling wedge. Remember, we are in a bullish trend, this no way forms a bear trend:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.