Please take a look at our idea and let us know what you think!
tommyelltom Safe_Signal
@Safe_Signal, It is option.. but I think it will be different this time. Anyway, I appreciate your comment.
This will play out, for two reasons:
1) Nobody is talking about it.
2) Too many shorts underwater while longs are sitting very comfortably from ~$3,400 ish.
Considering exchanges are in this to make money, guess who gets liq'd?

Remember back when we first hit our current low, and EVERYONE was talking about an IHS forming? And it failed?
Noone is talking about this one. Gee, I wonder why?

This will turn into a giant left shoulder. Target is $4,800/$5,600/$6,500, then down we go to like $2k/$2.3k ish for a final low for a head.
I suspect the end of the bear market is late 2019 early 2020. The halving will cause the bullrun of 2020/2021.
Wait for the wick and leverage long it HARD, then enjoy life changing money.

Remember this comment. GL
+1 Reply
mc_peewee mc_peewee
@mc_peewee, PS- Expect $4.5k+ by this weekend. We're about to test the 200 MA on the daily. ;)
tommyelltom mc_peewee
@mc_peewee, Thanks for your insights. Let's see ;)
nop not the end, lets pray the bulls defend 3250 that is the most important thing now
tommyelltom obinex1984
@obinex1984, Sure, it is one of the options, but in case we should look at 3250 then bears have to break the support zones 3800 and 3600 (strong).
EO1 obinex1984
@obinex1984, agree, double bottom before bullrun, we will hit december low at approx 3,2k, then fly.
EO1 tommyelltom
@tommyelltom, excellent drawn. My point exactly.
+1 Reply
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