To this moment, we're still following the wave leading up to MT Gox ATH, not after it and evidence we're still within the 1st Primary wave to a new ATH before a .786 retrace also known as a bubble bursting for those emotionally swayed by this.
Can't wait to watch this all roll out! Maybe everyone else is right, maybe not! The more you know, the easier you can identify a direction. He's your potential alternative to market destruction by bear attack.
Can't wait to watch this all roll out! Maybe everyone else is right, maybe not! The more you know, the easier you can identify a direction. He's your potential alternative to market destruction by bear attack.
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Still following EWT wave 5 up targets everyone. We aren't capitulating until the primary has completed a 5th wave next winter. Study up and you'll understand!
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Hey just a reminder to you guys out there, If you feel this is turning out to be an effective comparison and not the boogie bear scary fractal being loosely thrown TV and the web, Please Up-vote or follow. It's a pretty ballsy move to have the confidence to be charting ideas against the super majority of all TAs calling for a capitulation without any more evidence than a down trend that never ends. I put a lot of work into these and it helps get these ideas recognized for what they are. A lot of study, work, and countless hours of counting every wave in BTC history went into this before I was comfortable with drawing the comparison and bucking the trend of charting. Trolls have also been pretty voracious until their ideas got stuffed. Thanks and check out my profile for more ideas!
4 minutes ago
Comment: I'd also like to note, I'm not giving a bull and bear option because I'm confident in my conclusion the correction is over and long before the trend of people considering these ideas. I will say though, I and those who trusted my TAs are some of the few (in comparison) who bought the actual dip here. I'm not trying to sound like a piece of crap here, I'm just saying a lot more effort went into these TAs than one might assume and the research behind them drawing from reasonable expectations. I've been standing my ground in chats and groups, and here because of that effort. I intend on continuing my publications with this level of attention to do my best to stop the unsubstantiated fud holding the market back. That said, no one is right all the time and the best are a mere majority correct. I hope my hard work is helping you guys and I hope you understand that a capitulation two years in a row would make BTC a toxic asset at this stage in the game. I'm not concerned that to be the case as institutional money has only recently entered the game to reap profits.
Looking like a break out to $7.500 area and potentially higher if we break from the diamond reversal pattern to the upside. Popcorn time!
4 minutes ago
Comment: I'd also like to note, I'm not giving a bull and bear option because I'm confident in my conclusion the correction is over and long before the trend of people considering these ideas. I will say though, I and those who trusted my TAs are some of the few (in comparison) who bought the actual dip here. I'm not trying to sound like a piece of crap here, I'm just saying a lot more effort went into these TAs than one might assume and the research behind them drawing from reasonable expectations. I've been standing my ground in chats and groups, and here because of that effort. I intend on continuing my publications with this level of attention to do my best to stop the unsubstantiated fud holding the market back. That said, no one is right all the time and the best are a mere majority correct. I hope my hard work is helping you guys and I hope you understand that a capitulation two years in a row would make BTC a toxic asset at this stage in the game. I'm not concerned that to be the case as institutional money has only recently entered the game to reap profits.
Looking like a break out to $7.500 area and potentially higher if we break from the diamond reversal pattern to the upside. Popcorn time!
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Even I was subject to this idea until I did a significant amount of research until discovering how unlikely it actual was to go any lower than $5,800 and signals the .618 fib was the actual most likely spot.
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I think you guys are going to find the next few months follow the higher of the two arks in this chart with incredible accuracy but we'll have to wait and see. It's still quite early for that.
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One more note, I'd like to consider the idea wherever the revisit of the pink trend line is we very temporarily break down below it to $5,800 or within a few bucks to touch the red S/R line at the wave of the prior wave 4 start leading to the ATH. This would insinuate the correction is't technically over and an additional 5 whole waves to a new ATH with absolute perfection of EWT general norms but this is purely speculation at this time. Again, we'll have to see how this plays out.
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Of the two retest areas of interest in this chart, the second is looking more likely. We'll continue watching how this trade plays out!
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A potential path for BTC depending on how it plays out. Still far too early to tell but still a valid outcome depending on how things move from here. Originally poster April 7th
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Consolidating some ideas into one chart
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Albeit out of order. Sorry
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Damn, Really out of order now... Sorry
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OK guys, I'll try to keep things better in order now and update to this ideas.
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Buahahahahahahahahahahah!!! Really? Someone help these guys out and send them my way...
WhaleCalls,
BitMEX XBTUSD futures has liquidated a short position of 444,550 contracts ($444,550) at 9380.5. Margin lost: $4,445@100x; $8,891@50x — Tue Apr 24 17:25:07 +0000 2018
WhaleCalls,
BitMEX XBTUSD futures has liquidated a short position of 42,463 contracts ($42,463) at 9385.5. Margin lost: $424@100x; $849@50x — Tue Apr 24 17:25:11 +0000 2018
WhaleCalls,
BitMEX XBTUSD futures has liquidated a short position of 444,550 contracts ($444,550) at 9380.5. Margin lost: $4,445@100x; $8,891@50x — Tue Apr 24 17:25:07 +0000 2018
WhaleCalls,
BitMEX XBTUSD futures has liquidated a short position of 42,463 contracts ($42,463) at 9385.5. Margin lost: $424@100x; $849@50x — Tue Apr 24 17:25:11 +0000 2018
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Maybe this is why?
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Moooooo
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You guys glad you follow me yet? I'm Glad I follow me.
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Surprisingly and increasingly bullish indicator readings in most time spans.
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guess it followed right between them and not the 2nd one