xuanhaimmoer

BITCOIN - ABCD PATTERN - 4900 $ TARGET ?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi guys, welcome back with XUANHAIMMOER update about Bitcoin in the last day of 2018.

HAPPY NEW YEAR and wish all best thing will come with all you in next year with successful investing !!!

Today, I just keep update the analysis with Elliot from today and all thing I have been reveal in several last post ago.

We are in big bullish flag pattern and we also being in wave C with target 48xx - 49xx in middle term.

Now we are in small down correction of wave 2 and buy entry when we going to the end of this wave with stop loss is the lowest level of wave 1 in big wave C.

Also we are in ABCD pattern with the target for lat wave is Fibonacci 1.0 Extension ( 48xx - 49xx $ )

Thanks all you for all year supporting me ! Very appreciate if you LIKE this post and see you in next year guys !

LOVE ALL YOU <3 <3 <3
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Comments

your predictions are CRAZY accurate!! love it
+11 Reply
Be careful for dropping, because this H&S doesn't seem valid anymore in my opinion.
Also we drop in price around 5th of January every year for the past 4 years.
They try to lure everybody in, to bring with our investment money the price back up to 6000$.
But I think that is wishful thinking with these Bart people on one side, and day traders on the other side.
So as long as there are no real investors , the price will continue to go down.
Frankly I don't see Bart nor day traders invest, as they are all there for one purpose, making dollars.
Good luck, and successful trading in 2019.
+5 Reply
a2008 table001
@table001, So waiting for 3600?
Reply
@a2008, better wait for 2600$ or when MA200 hits again on the weekly candles.
I believe the long term prediction of xuanhaimmoer is valid and realistic.
Don't step in the FUD trap of this moment.
+1 Reply
@a2008, look also on the btc history from 2014 until now,
activate the ma 50 and ma 200 on the weekly candles in tradingview
the area where ma 50 is going down, then crosses below the candles and closes in on the ma 200, start bullishness
the area where ma 50 is above the candles and pointing down --> bearishness
trading now in the downtrend is like gambling, if you bet wrong, you loose.
trading in the uptrend (ma 50 below candles and parallel with ma 200, if you gamble wrong, you recover on the way up
+1 Reply
a2008 table001
@table001, Thanks, but taken xuanhaimmoer prediction into consideration , it may never go downward and hit 2600! right now it is in "buy now" zone , otherwise dump and hit stop-loss.
Reply
a2008 table001
@table001, I'm agree that it is too risky to open a position.
Reply
@a2008, be patient and the em 50 and em 200 on the weekly candles will show you when its time,
don't expect too much during the downtrend.
this H&S is just part of the game, what Bart wants you to think
Reply
Sorry to disturb the party, BAKKT has cancelled their launch again, we are heading to 2K, I am not against you guys, but this is crypto, manipulated as it's finest to the max. Sell and rebuy at the dip. Technical Analysis without fundamental it's a total blind map actually, when it is accurate it is just coincidentally.
+2 Reply
Thanks for your excellent Elliot analysis. Only one thing i am in doubt with: wave 1 is unlikely to be wave 1. It is all Tripple combo WXY pattern - expanded flat + zig-zag + triangle now. My arguments: 1) i can't see 5 subwaves in wave 1 however hard i try. Only 3 - hence abc. 2) wave 3 is out of proportion bigger than wave 1 whereas it is usually about 1*1.618, unless an extended one. 3) triangle of this kind is rare in wave 2. Triangles are final stages before a new mode - here motive. So i think there are 3 motive waves coming - the final target 4800.
+2 Reply
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