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zackwong97
Mar 2, 2019 12:09 PM

Perfect Long

Bitcoin / U.S. dollarBitstamp

Description

I can see the future
Comments
JonathanMcBrine
Great stuff, is your system of trading based on tradtional elliot wave? I'm looking for a set of rules for trading wave anaylsis?
zackwong97
@JonathanMcBrine, No. I usually don't use elliot wave
obinex7g
current range - 3150 - 4300. We need accumulate for 6 months because all the moving averages 20,50,100 and 200 have to come into our trading zone(3150-4300). So far we have broken 20 50 100 ma have come into our trading range and as you can we are comfortably above them, right now we have to wait for 2 months for the 200ma to come to 3600 before we break it and hold it as temporary support before breaking it after which a second attempt to break it will end the bear market "BUT" If we break $3150 before 2 months and go to new lows($1386 V SHAPED market bottom and bounce to $3150) all that effort will be wasted as we have to wait for the moving averages to come down to the new trading range 2300 - 3200 -this will take another 6 months.

BE PATIENT THE BULL RUN WILL START IN 2020 MARCH!
zackwong97
@obinex7g, I don't agree. I think we will surely hit the 5-6k mark before May. In this month we will breakout of this Adam & Eve bottom to test the 200ma probably get rejected the first time and fall back to the Adam & Eve breakout point as support then we will break the 200ma and go to 6k then get rejected back down to the 200ma as support and slowly bouncing off the 6k and 200ma until end of this year or early next year we will break the 6k and fly to 8-10k before correcting down
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