To spot the very beginning of a new wave, is probably the hardest job on trading. It means to find the very bottom of the price, before it goes up for good.
Because, when it is close to happen, market gets fast trades and moves. Panic or Excitement are common, and shake the market.
This is the first time the Moving Water is trying o catch it.
Most traders already felt that market is heating up, but to know the best price to enter before the bullish momentum really comes is something difficult.
So far The MOVING WATER HAS 98% ACCURACY. Let's hope it keeps rocking the Bots.
For more information check the related charts below.
GOOD LUCK. GOOD PROFIT.
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Hi followers, bulls are trying really hard to get the price up. But price still did not brake the MA 100 on daily chart.
So I recommend to wait until tomorrow, to see how it goes.
good luck. good profit.
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The game is not over, the candle for 25th still did not close above MA 100, and that's what's going to define everything.
There is a Box, price can break it up, or bounce down.
If it breaks up the box this prediction should be closed, because a new scenario came to scene. If it bounces, trade keeps active. Let's see how today's candle closes.
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Price is already falling, on the 1st of May candle. Check this chart updated above. last update here.
Whatever happened to the "storm"? Pshhh never again will I listen to you. Trading view is a place to screw with people's minds and ruin them of their success.
MovingWater
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@samiswilf, hi. It should start on the next candle, like the chart below. Thank you for your comment.
MovingWater
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@lemosedmirf, just where the red arrow down points. Good Luck, Good Profit.
samiswilf
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@lemosedmirf, Hopefully it keeps going down. I want to buy at 5k and long hold. Watching this day by day is screwing with my mental and physical health.
samiswilf
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@lemosedmirf, ok. I'm sorry for acting rudely. I was just depressed that btc flew away. I felt like the plane took off while I was like "wait for me wait for me" and the plane just left :-(. And then I felt scared to buy in fear that I might get dumped on. I still don't know if btc will go back down. I don't see the same kind of aggressive bearish force I saw from the 6k rise up. There, we saw real bearish wedges. We don't see that year. I see the bear is there but not with nearly enough force to overcome the bullish forces.
Also, if it goes down now, it will be without any reason. Before, it was because of capital gains taxes and tax day. In USA, to qualify for lesser taxes, you have to hold an asset for at least a year. So they hold until december, dump, and rebuy before new year. And then when it's time to take money out for taxes, they sell off then too. That can explain what we've seen. The only way I'd be able to explain another dump is that it's part of a larger accumulation phase. Accumulation phases usually have that up down up down pattern, reflecting whales buying, selling at profits, buying against, selling at profits again, order to accumulate enough profits to then use those profits to push the price much higher, to then sell another load of accumulated stashes at those even higher prices. Accumulation isn't really only strictly accumulating coins; I think it's also about whales accumulating profits so they can use those profits instead of their own wallets to push up prices. Do you agree?
MovingWater
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@samiswilf, calm down follower, people said that when it was 20k, look what happened.
What matters here is to not lose money, so if the prediction that you are following does not happen, you should use stop loss, this is normal.
This world is crazy, so you should not feel that way, most of people here lose all their money, I know a lot of them. Actually, some of them thank me when I first started to post here, because they were about to buy with all their money when it was 20k. Imagine what they went through.
So, don't be mad if you lose a trade, be mad if you lose money. Market is never all the way up, this is something everybody learns when they become a trader.
I strongly believe the next candle will get a hit, but if it does not happen use a stop loss, never trust this world.
Even though I have a high % accuracy, there is always a place for error.
No problem about the stress, everybody has a bad day, shit happens, we just need to be prepared.
let's see what happens.
Crypto_WICK31
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@lemosedmirf, you predicted storm 2 days ago man..now you just shift the red arrow!!
I know its very difficult to TA, btc being so manipulated but still...
However i appreciate your work.
VishalGupta35
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@lemosedmirf, could you post new chart on btc
VishalGupta35
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@samiswilf, @lemosedmirf .. Lemo is the first person who said btc is going under 8k when it was 17k.. If we make 1000$ a month then i think it's fine..
Yes you are right, since I started posting on TV, BTC short trades, on Dec 2017, it has dropped more then 10k. But, we are always trying to improve the technical analysis. It is something very difficult. Even though I am trying really hard to be 100% right all the time, I know it is impossible. But the game is still not over, the candle today will say it.