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chase4fun2018
May 11, 2018 3:08 PM

Bitcoin Bullish Macd/Ema Crossover possible bottom Short term ? Short

Bitcoin / DollarBitfinex

Description

This is on the 15 minute time frame i have made good money from seeing such crossovers and
this looks like it could be one of them..Time will tell but keep an eye on the 2-4 hr charts to
see if it does cross over on that time frame for better confirmation but i just want to get this
out so people can make up their own minds..

I want to get this out quickly on the 15 minute chart you can see we are going bullish again and it looks like
it could be the bottom time will tell but i need to get this chart out ASAP for others to see Looks to be a
change in trend but things are looking to change my guess is most people have bought back in.

It was obvious that the last pullback was manipulated for whales and bulls to take profit we have a MACD
crossover incoming which looks Vbullish short term.There is a small change in trend i will look at a long
term out come tonight.

10/21 ema crossover has always done me well for medium and short term use what ema you want the
MACD has changed to a bullish trend and im expecting the ema to also cross over i will look at this more
after tea and update with a better chart..It may only be short term or could be a change in trend or
could even be signaling a big buy back in you will have to watch i believe this is where all the whales
have bought back in but that is my opinion.

I normaly spot a MACD crossover on a low time frame then i will wait for longer confirmation on a 4hr
chart to see if it does cross over on the 4hr chart..But time will tell.

Not much TA in the chart but i will post more below it was to get this info out as fast as i could as this
could rise very fast we have the weekend coming.

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Remember guys this is very low time frames we look for small trends
for now until we have a bigger picture and more confirmation.Will
check back a little later.These should not be used for trading but
should be used to see if a new trend has started as stated we need
much more data Very short term bullish bu things can change.

Personally i think we will see a ema crossover tonight early morning
and by sunday and prices will be back above $9 k we will have to wait and see manipulation can put a end to these charts damn fast and the trend..

Wait until we get a 4hr confirmation of some sort of trend i do not recomend
people use the below for trading these are real simple shot term support levels.

15 min time frame
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30 mins time frame
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It is not healthy nor good to do this on the 15 min chart and 30 min as i explained we just dropped out of the trend i think in future i will wait for the 4hr chart to show the cross over or trending patterns just not worth it.

Every time i do we fall out the bottom of the support, but just trying to help
see if any support levels where in place that is why you wait for the 4hr to show
a trend or crossover even the 2hr chart is good but im trying to get info out
early as possible will keep an eye tonight and see what info is available
tomorrow.

Obvious the whales are going to ladder buy there way back in at some points lets see how low this goes

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Whales still controlling the price lol you just wait till this goes bullish im
going to check out the charts now.I'e a feeling we are about to finish the C
wave from a A,B,C retracement i will try and get a chart up for this in the
next few hours.

If you are unsure ladder your buys the bulls are sharpening there horns
and have took there profit along with the whales and i see them taking
another run to catch out even more people..

This is my belief and it may be wrong but some thing is telling me the manipulation is done for a reason especially in such a short time period.

Yes we may retrace a little more but i need to get the FIB tool out and
have a closer look good luck i would keep a close eye on the last wave
and see if we get a Vbullish bounce.
Comments
chase4fun2018
New chart incoming i believe we are going to go bullish, i also think that was a C wave that we just finished :) updated
chart coming soon. This was well planned and executed but if we finish this C wave we are going to bounce i believe..
I will put up a chart soon check it out your self i believe a bull run is incoming not sure exactly when especially since
the whales done that..There are load of fake news and bulliHIT about this normaly means one thing we are going bullish
but no seriously i don't think we will drop much lower when i said that the bottom was in sight and we looked to be
changing trend hours ago..

But time and confirmation will tell :) just be careful if we do go full bullish you do not want to miss out as it could
happen within hours if not 30 mins !!This is my own opinion but i have already explained the manipulation part and
why it happened to take out longs / shorts and it did now the whales have more btc and profit to reach there goal

I am going to put up another chart soon and show the A,B,C retracement even though it was manipulated its still
looks to be following the elliott wave rules..
chase4fun2018
I will update a the chart leter on tonight have some studies i need to get out the way, this was mainly to let people know
there was a short time frame bullish pattern emerging but hey ho it needs to be confirmed on a long term chart not 15 min
so don't take this as a trading advice the above was to let people know too keep an eye out on the MACD & EMA some times
we will get a Macd crossover well before the ema and other times we will get the ema cross over before the MACD but needs
to be on a longer time scale...

Plus we do not only need to wait for longer time frame confirmation we need enough data to see if there is actually a trend in
play.
chase4fun2018
I will look into the main trend after tea see if this is a complete reversal or just short term bullish.
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