Engulfing candlestick formation...

BINANCE:BTCUSDT   Bitcoin / TetherUS
on daily chart , and turning point around 1.07.2018 from ermanometry, suggests here upmove. How strong it will be, time will tell.
Trade active: @6320
1 whole Bitcoin:)
Trade closed manually: @ 6342
Comment: I believe that Bitcoin will continue his downmove. My astroindocators says, that time for upmove have passed away.
Comment: Upmove made 6 days later huh:) this is crypto.
Comment: Current situation with possible turning points in the future (as for date)


Yes it's a pity, your ermanometry was right. Keep on posting!
orminlange cryptohumanity
@cryptohumanity, Yep ermanometry was right (this time, but it not guarantee that always) but astrology says that this bounce is false (so expect in this case new downward move in the comming weeks). But i and astrology combined together can be mistaken of course. I am observing situation and if i will se something new (candlesticks, ermanometry or something else) i will post of course;)
+1 Reply
orminlange cryptohumanity
@cryptohumanity, Next turning point (bearish) can occur (from ermanometry) in range 25-29.07.2018, but with low probability so it need strong confirmation from candlesticks (4h and daily). I will post of course idea about that when that time will come (soon).
+1 Reply
cryptohumanity orminlange
@orminlange, thanks in advance. It's not easy to find a good entry point with so many conflicting views. I trust that your ermanometry, combined with sound astrological expertise, will come up with some very interesting ideas
orminlange cryptohumanity
@cryptohumanity, That's true. After some rethinking process i guess that even without "astrology" ermanometry gave for BTCUSD good entry points, so it can be used even as "standalone setup" maybe only with japanese candlesticks as a confirmation of bottoms. And i have now one rule - not to play shorts - i want to accumulate Bitcoin as cheap as possible, maybe partially realise good entries, and the rest or even surplus from trades put in Bitcoin on very very longterm. Of course if i will see on chart that bullish wave tend to be ended i will post an idea about that. With ermanometry there is some problem that we have not one huge market, but only divided per exchanges. I use Bitstamp, but volumes there are not the biggest one. I think that can have impact on turning points dates too. So i advice to use my ideas with ermanometry with caution. After some recalculation i think that even two days before 23 july and two days after (so 5 trading days) should be observed stricktly if some turning point (bearish) can occur in this date - if not Bitcoin will probably go little higher in the range of the comming month (August). Good Luck!;)
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