MarcelV
Long

Wolfe-Wave $17.2k

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi All!

Wolfe Wave on Bitcoin materialising! A naturally occurring pattern topping the rankings of success rate. Accompanied by another high success rate pattern, inverse Head & Shoulders which eyes the same target. Right into double-top with SCMR dynamic level $17k.

BEST OPPORTUNITY to print money is now:):), )

Bearish patterns have continuously been formed on our steady climb up. The response from the market however, has decreased as we proceeded towards the inverse H&S neckline and a massive trend-line from a month ago ($11.7k level). As an example; today, the bears formed a text-book Rising Wedge and broke out downwards, yet they manage to pull off only a $300 drop . Happy bear, happy Bull and sad pig :(


Entry: $11150
Take-Profit: $17200

Stop-loss... No.

FA:
  • Bitcoin regaining dominance, from 30% it is now 42% and targeting 60%+ till the end of March '18.
  • Please, check out my previous analysis: Senate Testimony which covers the positive US stand on Crypto.
  • All exchanges are actively supporting Bitcoin & Segwit since last week. This is a HUGE shift from the Asian superheroes Star Xu, Ver et al. who wanted to cause as much damage and were flooding the mempool. Now they filled their bags and friends again, I guess.
  • Numerous Huge Investment Institutions have entered Crypto during the February dip.

Bears have run out of time. The breakout is Imminent. Their sacrifice will be remembered eternally.


Bulls Lambo / Ferrari?
In the comments.

Happy trading! ;)
Trade active: Thanks for all the comments.

BETTER VISIBILITY:


Or press (+) symbol in the original idea to fit your screen resolution.
Trade active: Buy today's dip to $11.2k - $11.3k.

Unseen opportunity to BET MORE in bullish times like these!

Comment: Bought the dip. BET MORE!

The whole drop was caused by organised sell-off at Binance by hackers. HOWEVER, This is 2018 and CZ has halted all withdrawals and reversed all transactions. https://twitter.com/cz_binance/status/97...

-> FULL RETRACE!

Comment: To make an omelet, you have to break a few eggs.

Now moon.
https://twitter.com/marcelv3612/status/9...
https://twitter.com/iamjosephyoung/statu...

SEC fud din't work as expected, either https://twitter.com/BittrexExchange/stat...
looks like, this one didn't worked out...
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"Stop-loss... No. " lol. ok. lambo
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to the moon?
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For BTC trading I recommend https://www.bitmex.com/register/lh3CIH
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what are those bars on the right side?
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alexcph ChalifStorch
@ChalifStorch, Volume profile. Volume profile shows how much volume was transacted on different price levels. Good way to show support ane resistance levels.
+1 Reply
@alexcph, thank you. so it has nothing to do with the shorts that will pop from reaching 12.5k? How do we know where these shorts are positioned originally?
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alexcph ChalifStorch
@ChalifStorch, Nothing to do with shorts/longs. To check those you should check out https://datamish.com/
+1 Reply
@alexcph, cool tx!
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