BTCookieMonster
Long

BTC Bull Run December 10, 2018

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
*Some of the previous charts I am referring to have been posted on my twitter account and links will be in the comments below.

The Trend-based Fibonacci Time Extension tool that I have plotted on my chart has been spot on with the next sequence beginning at the start of the next Weekly candle on December 10, 2018. Furthermore, on the Weekly, the Stochastic RSI is approaching a Bullish Cross at the very same time as the next Time sequence.


As noted in the first tweet mentioned in my comments below, the first time that I talked about the Time Extension date of December 10th is back in September and the price projection has been spot on my target at the current level, as seen in the chart below...





I expect a Double Bottom of the low by the close of this weeks Weekly Candle (December 9th , 2018) followed by a Bull Run to the 5400-6000 range before continuing down with the final stretch of the Bear Market to a bottom somewhere between the Support Levels of 3000/2500/1800/900 - where exactly I cannot say at this time but these are the major support levels below here.

Again, please note the tweets in the comments section below.

Comment: This is my current count:
Comment: Being that my calculations for this fall on the Weekly, it must be assumed that the move up will begin towards the end of this week. I believe that we see a spike down near Thursday-Friday and then move up to find first support at in the 4200 area, with a Weekly close as a Hammer...

This is how I currently see us...

Comment:
Comment: Second Long signal on Godmode on the Weekly coinciding with the Sochastic RSI Bullish Cross touch and the Weekly Fibonacci Time Zone sequence I have been watching...


On the Daily price is continuing towards 3000 in the Descending Wedge...


Still in line with my target for this week...


And I expected for Shorts to begin to pick up today...and they have.

Comment: And then theres this...
Comment:

But I am still looking at these levels...
Comment: Seeing the first results of the Bullish Cross on the Weekly Stoch RSI and Bullish touch on Godmode...


3242 broken over night,with price meeting resistance at 3440 with Bearish Divergence building...


Shorts held at bay but one more push is what I am expecting with a retest rejection at 3450 today...
Comment: A Daily Close below 3450 (or a close without conviction just above it) would mean a full retracement of this move, being a corrective, to the 3000-2900 range, before Wave 4 to 5k. Each reversal on the Weekly has begun with a Spinning Top and the same would be expected here. This is my current count and projection...


...looks familiar?
Comment: Never doubt the Fibonacci Time Zone + Stochastic RSI + Godmode...never.
Comment: (Above Shorts rising)
Comment: Never doubt the Fibonacci Time Zone + Stochastic RSI + Godmode...never.
Comment: Exhibit A:
Comment: The drop from 3943 to 3650 was a 0.785 retracement from the reversal; price pushed to 3898 then retraced to Golden Zone support at 3722...



This hart below shows perfect Fib relationship from 3121 to 4241 w/ABC retrace to the 0.386; move to 3960 I see as Wave 1 of C with a possible short term retest of 3680...


..to a range btwn 4950-5400...


That has a 0.5 relationship btwn Waves A & C...


4H & 1H indicators still Bullish w/ coinciding volume;



Bearish Divergence on the Daily is concerning but indicators also show Bullish momentum in force...


...interesting gap on Shorts I expect to get filled (indicative of a btc price rise);


Weekly Stochastic RSI and Godmode are very Bullish;


Monthly Hammer Close would be Bullish AF & Monthly Stoch is at Zero currently...


All aligns with my chart updated here on Dec 17 (scroll up).
Comment: It touches these and its Bullish...
Comment: And the Gap gets filled...
Comment: Golden Zone retracement...
Comment: I have found the following Indicator Baseline settings to be the most accurate...just sharing, test for yourself: Stochastic RSI - 95/05; RSI - 75/25; Godmode - 80/20.
I have found the following Indicator Baseline settings to be the most accurate...just sharing, test for yourself: Stochastic RSI - 95/05; RSI - 75/25; Godmode - 80/20.
Reply
Ya know, posting an update in the comments section by accident is super annoying...
+1 Reply
The drop from 3943 to 3650 was a 0.785 retracement from the reversal; price pushed to 3898 then retraced to Golden Zone support at 3722...



This hart below shows perfect Fib relationship from 3121 to 4241 w/ABC retrace to the 0.386; move to 3960 I see as Wave 1 of C with a possible short term retest of 3680...


...to a range btwn 4950-5400...


That has a 0.5 relationship btwn Waves A & C...


4H & 1H indicators still Bullish w/ coinciding volume;



Bearish Divergence on the Daily is concerning but indicators also show Bullish momentum in force...



...interesting gap on Shorts I expect to get filled (indicative of a btc price rise);


Weekly Stochastic RSI and Godmode are very Bullish;


Monthly Hammer Close would be Bullish AF & Monthly Stoch is at Zero currently...



All aligns with my chart updated here on Dec 17 (scroll up).
Reply
Couldn't stretch it to triple digits?....lol
Reply
Which godmode version you are using mate?
Reply
@Arpi2018, Godmode 3.1 mod with Isma LTCEUR
Reply
Arpi2018 BTCookieMonster
@BTCookieMonster, where to find it?
Reply
@Arpi2018, search in indicators
Reply
Arpi2018 BTCookieMonster
@BTCookieMonster, I did a search but did not find any such indicator.
Reply
@Arpi2018, You may need the Premium Pro account to access it
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