BITCOIN - WHERE WE ARE IN CYCLE ? - LONG TERM ANALYSIS
XUANHAIMMOER here ;
Hi all you guys - thank for support me in my way and promise update Bitcoin analysis everyday for all you. These update not only about a short term and middle term analysis but also about psychology ; action of market ; strategy making profit and long term analysis with Cycle Economic.
Sure with you that we all read some post have been public before about long term target for Bitcoin. Today I happy to introduce my update LONG TERM ANALYSIS for Bitcoin with logical thinking and Cycle Economic.
In this post I may not using much Indicator ; just look at the price action - supply & demand zone with psychology analysis that will give us very clearly vision in long term when we compare with the last crisis of Bitcoin.
BEFORE YOU READ THE CONTENT IN BELOW SO HELP ME LIKE THIS POST FOR SUPPORT ME THAT I SPEND TIME FOR ALL YOU ! Thanks
Okay so let me help me understand about this analysis by consider each part of this chart.
First, help me reveal fast about the chart of Bitcoin in 2014 - 2015 with the chart of 2018 - 2019 in future. What do you see ? ( Read careful )
Yes right, we are not over the downtrend at now. Why ? Keep look at RSI. What similar ? Yes, we all have Inverse Head and Shoulders Pattern in both price and RSI. But the different is we have RSI divergence between Left Shoulder and Right Shoulder. This is clearly signal for the true bounce up of market.
I just tick “ WE ARE HERE “ in 2014 so you can compare with now that we need another bottom with lower price for this market right now. In RSI we are now in Left Shoulder and the Head will occur in next time.
I draw very clearly and exactly price line for each wave of Bitcoin and you will see about the long term and compare with 2014. We may have long time for Head and Shoulders Pattern occur and over ( approximately 1 years ), and this is also being an accumulation zone for new Cycle of Bitcoin.
So the question is : Which price level is the lowest bottom for Bitcoin ? Actually it is hard for predict about how market panic and sell ? But compare with 2014, after we have bounce back we down more 64.98% ( - 86% than ATH ) so 19xx$ may the target if we compare with 2014 as well as - 58/37% after bounce back ( -90% than ATH )
I divide Phrase 1 and Phrase 2 in both 2 cycle when Bitcoin break down the important support and we are in Phrase 2 with 50% of complete downtrend period.
Look at the upper left conner, that is psychology cycle, are I think we are just end of Capitulation so next will be Despair zone if Bitcoin come to 19xx$.
Thank for reading and support me by LIKE THIS POST . THANK ALL YOU <3 <3 <3
Hi all you guys - thank for support me in my way and promise update Bitcoin analysis everyday for all you. These update not only about a short term and middle term analysis but also about psychology ; action of market ; strategy making profit and long term analysis with Cycle Economic.
Sure with you that we all read some post have been public before about long term target for Bitcoin. Today I happy to introduce my update LONG TERM ANALYSIS for Bitcoin with logical thinking and Cycle Economic.
In this post I may not using much Indicator ; just look at the price action - supply & demand zone with psychology analysis that will give us very clearly vision in long term when we compare with the last crisis of Bitcoin.
BEFORE YOU READ THE CONTENT IN BELOW SO HELP ME LIKE THIS POST FOR SUPPORT ME THAT I SPEND TIME FOR ALL YOU ! Thanks
Okay so let me help me understand about this analysis by consider each part of this chart.
First, help me reveal fast about the chart of Bitcoin in 2014 - 2015 with the chart of 2018 - 2019 in future. What do you see ? ( Read careful )
Yes right, we are not over the downtrend at now. Why ? Keep look at RSI. What similar ? Yes, we all have Inverse Head and Shoulders Pattern in both price and RSI. But the different is we have RSI divergence between Left Shoulder and Right Shoulder. This is clearly signal for the true bounce up of market.
I just tick “ WE ARE HERE “ in 2014 so you can compare with now that we need another bottom with lower price for this market right now. In RSI we are now in Left Shoulder and the Head will occur in next time.
I draw very clearly and exactly price line for each wave of Bitcoin and you will see about the long term and compare with 2014. We may have long time for Head and Shoulders Pattern occur and over ( approximately 1 years ), and this is also being an accumulation zone for new Cycle of Bitcoin.
So the question is : Which price level is the lowest bottom for Bitcoin ? Actually it is hard for predict about how market panic and sell ? But compare with 2014, after we have bounce back we down more 64.98% ( - 86% than ATH ) so 19xx$ may the target if we compare with 2014 as well as - 58/37% after bounce back ( -90% than ATH )
I divide Phrase 1 and Phrase 2 in both 2 cycle when Bitcoin break down the important support and we are in Phrase 2 with 50% of complete downtrend period.
Look at the upper left conner, that is psychology cycle, are I think we are just end of Capitulation so next will be Despair zone if Bitcoin come to 19xx$.
Thank for reading and support me by LIKE THIS POST . THANK ALL YOU <3 <3 <3
Comment:
Bitcoin - What is next and which strategy for making profit ?
Comment:
BITCOIN - SAME ACTION OF MARKET
Comment:
BITCOIN - Viewpoint in Chart Patterns - Last dump of Bitcoin
Comment:
Bitcoin - Overview in middle term - Bottom zone
Comment:
The similar of Bitcoin from the past
Comment:
BITCOIN - LEGENDARY ANALYSIS - LONG TERM
Comment:
UPDATE 1D chart
Comment:
UPDATE 4H chart
Comment:
UPDATE 1H chart
Comment:
Guys, hope this post helpful with all you so leave a LIKE for encourage us more !
Thank so much !
Thank so much !
Comment:
Guys we encourage interactive and feed back with idea so comment in below any think you want to discuss !
Comment:
NEW UPDATE 16/12/2018
BITCOIN - BOOMING TIME WILL HAPPEN ?
BITCOIN - BOOMING TIME WILL HAPPEN ?
Comment:
UPDATE 17/12/2018
BITCOIN - ANALYSIS WITH MACD AND VOLUME
BITCOIN - ANALYSIS WITH MACD AND VOLUME
Comment:
Update Bitcoin Analysis 18/12/2018
BITCOIN - DID WE MISS THE OPPORTUNITY FOR BUYING ?
BITCOIN - DID WE MISS THE OPPORTUNITY FOR BUYING ?
Comment:
UPDATE BITCOIN REPORT 21/12/2018
BITCOIN - DANGEROUS ZONE ?
BITCOIN - DANGEROUS ZONE ?
Comment:
Update 22/12/2018
BITCOIN - ELLIOT ANALYSIS - MIDDLE TERM TARGET
BITCOIN - ELLIOT ANALYSIS - MIDDLE TERM TARGET
Comment:
BITCOIN - ELLIOT ANALYSIS METHOD - WHAT HAPPEN NEXT ?
Comment:
Bitcoin analysis update 25/12/2018
BITCOIN - Which strategy and trend for Bitcoin right now ?
BITCOIN - Which strategy and trend for Bitcoin right now ?
Comment:
THE SCENARIO OF BITCOIN BOTTOM ZONE IN 2019
