selby_exchange
Long

selby_exchange - BTCUSD - Timing the Bottom of 2018

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Humanity Love Inclusion Autonomy Respect Opportunity Truth Veganism Singularity

Coming from here:


So we are here, indicators are so oversold its scary...


And, we are travelling here :) things are looking up 4sure!


selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)

p.s. if this call works out to be the bottom of 2018 and we do go Bull, you are witnessing a change in the guard on planet earth. Humans will prevail and enjoy the special 9 'Values' listed above.

Rebellion=Change=Future
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Comment: this is taking forever :(

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Comment: Still waiting for $5686, this was a nice article lol

https://cointelegraph.com/news/i-d-like-...
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Comment: This is more like what will happen, I have been looking at this structure incorrectly thus far...

Comment: This was perfect to the dollar and hour, Killin' It!!!!

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Comment: Still waiting....

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Your work is amazing! please let me know what do you think my xrp idea
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Regarding $5686, does the fact that so many people are waiting for this price impact your studies? Probably not. I wonder how it will reach that price when many people are waiting for $5000-$6000 again. I am starting to think that $6200 is the lowest we will get because there is too much money having wet dreams for $6k or $5k.
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selby_exchange AetherMass
@AetherMass, the $5686 I have been calling for months here on TV was based off of a geometric pattern I charted using extrapolation from the very peak of $19k. when I first started charting 5mo. ago. The pattern showed that once we hit the specific $5686 on the 1day chart on GDAX (now Coinbase Pro) we will be open to new ATH's. It's like the pattern needed to hit that low before BTC could go parabolic like it did back at the end of 2017 Why? IDK yet and am working on refining and improving this new system of TA. I think in time as I learn more, this system's success rate will improve. Thank you for posting in this idea AetherMass!
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AetherMass selby_exchange
@selby_exchange, It is completely understood that trading systems are never 100% accurate. I think that the physiology of this market will not let BTC break $6200k by much again. Maybe we get to $5686. Maybe not.

At any rate, I think the smart money has reserves to cost average all the way down to $3k if the opportunity presents itself. My current plan is to keep low lures in place all the way down to $3k -- then stops up to $8k. I'll let the market decide my averaged entry.

Thanks for posting. This market is absolutely insane.
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AetherMass AetherMass
@AetherMass, And just to clarify -- if it wasn't clear. If we get to $5686, I do not think we will stop there.
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AetherMass AetherMass
@AetherMass, Also, damn you auto-correct: physiology = psychology.
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so we are going down ?
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@fayyad, I just saw this, sorry for the slow reply. Yes, Fayyad I still think a hard spike like back on 2-5-2018 is possible in the next few days... it would make the math so beautiful for extrapolating the future price/time of BTC to see that type of symmetry play out. Great job on getting TOP author sir!! RESPECT
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Just a thought...but what if we are only on the third hump of Bitcoin right now...about to put the second spike on the tip right under 8600? What if the first large V dip was really just an price drop for whatever reason that was quickly and violently pulled back to structure? Several large alts that follow bitcoin's price movements only show two humps. The same date as the deep V on bitcoin is just a price dip wick on Ether, Ripple, Sellar, and Neo. If you view them all on the weekly, they show two hump structures.

So back to my hypothesis. I forsee us not breaching 8600 and going back down because this is the end of the last hump of the cycle before things reset. If we are really on the top of hump three about to set spike two, what does the other side look like...and how does that change your calculations in this projection?
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It's still alive!!! Although I think the 90% of us have used that line about looking at our structures wrong before. Fingers crossed!
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