So you really want to know where bitcoin is headed? Exposure.
Hello my dear followers.
This time i'm coming with new discovery, which also contains my long term prediction on BTC.
Breaking the Enigma. Pt.2.
Wedge or Triangle?
From what i see on the charts and from past few movements, i guess we can have this sort of movement in upcoming weeks.
Completely matches with previous movements.
Again BTC looks like it want to touch 200EMA/MA daily, which also corelate with pattern on 61,8 Fibonacci.
But new thing that really disturbs me.
If i get the angle and complete timeframe in which i think this all may happen. It corelates with september 30.
Coincidence?
The ETF release completely matches with my prediciton on downside move to 6k.
Are we really in the triangle?
This could possibily complete the pattern, where we will reverse again from 6k touch around 6,9k reverse back to 6k and start a bull run.
Even tho my long term prediction plays with new lows. This could actually happen.
Wedge scenario would be in play, if on september 30 they would decline ETF to CBOE and we would freefall through 6k to 5k region.
Yes then Wedge scenario would be actually in play! And we would be heading to touch that sweet 3.5-3,7K Point.
Play Safe.
Jeekis
This time i'm coming with new discovery, which also contains my long term prediction on BTC.
Breaking the Enigma. Pt.2.
Wedge or Triangle?
From what i see on the charts and from past few movements, i guess we can have this sort of movement in upcoming weeks.
Completely matches with previous movements.
Again BTC looks like it want to touch 200EMA/MA daily, which also corelate with pattern on 61,8 Fibonacci.
But new thing that really disturbs me.
If i get the angle and complete timeframe in which i think this all may happen. It corelates with september 30.
Coincidence?
The ETF release completely matches with my prediciton on downside move to 6k.
Are we really in the triangle?
This could possibily complete the pattern, where we will reverse again from 6k touch around 6,9k reverse back to 6k and start a bull run.
Even tho my long term prediction plays with new lows. This could actually happen.
Wedge scenario would be in play, if on september 30 they would decline ETF to CBOE and we would freefall through 6k to 5k region.
Yes then Wedge scenario would be actually in play! And we would be heading to touch that sweet 3.5-3,7K Point.
Play Safe.
Jeekis
Comment:
Manipulative spikes for liq and S/L hunt, pin pointed.
Comment:
Short still going on
Charts looking pretty well for bearish reversal.
Charts looking pretty well for bearish reversal.
Comment:
Hello my beloved followers. Hope you are having a fantastic day!
I'm coming today with an update on whole perspective on market, and what i'm looking for today and what is my plan on upcoming days.
First of all, we achieved my number(enigma point), which was described in my youtube video. Strong signalization for huge reversal incoming.
(right chart, strong green line).
My actual look at the market to play this situation most safely is this.
The possibility of touching 7050$ in next 24H is really high, mainly because of touching enigma point, and strong sell presure and leverage trades which accured to be exactly on this level.
This time i won't be taking into consideration what happened to BTCUSDSHORTS or what bitfinex did. This is just pure manipulation with your feelings.
Lot of big names on tradingview went to shadows, some of them are calling huge bull run incoming. From my point of view, this is complete BS.
Market didn't shown any huge significant movements which would lead me to take this sort of look. This time, just look at the charts, forgot about any news just focus on numbers. Vires in numeris.
Most of the news, twitter accounts or so, they are made to play with you. Think your own head, make your own decision. When you are trading put your mobile away and don't look at twitter or any social media. Use pure logic.( I personally didn't used twitter until i started jeekis trading. Even until now i used it only for reposting some news for my golden picks or updates on my status. I don't read what people are up to. Don't let those BS to your head).
So after little speech to you, back to the market.
I'm looking for touching 7050 from today's/tomorrow's perspective.
Then i will decide if i will let this short running or not, based mainly on how it will react on daily EMA and support area around there.
If everything goes well, im targeting 6400-6500 atleast. If we don't hold there 6,000$ retest would be kinda probable.
Whole action is planned for this week, so get ready for big things.
I'm coming today with an update on whole perspective on market, and what i'm looking for today and what is my plan on upcoming days.
First of all, we achieved my number(enigma point), which was described in my youtube video. Strong signalization for huge reversal incoming.
(right chart, strong green line).
My actual look at the market to play this situation most safely is this.
The possibility of touching 7050$ in next 24H is really high, mainly because of touching enigma point, and strong sell presure and leverage trades which accured to be exactly on this level.
This time i won't be taking into consideration what happened to BTCUSDSHORTS or what bitfinex did. This is just pure manipulation with your feelings.
Lot of big names on tradingview went to shadows, some of them are calling huge bull run incoming. From my point of view, this is complete BS.
Market didn't shown any huge significant movements which would lead me to take this sort of look. This time, just look at the charts, forgot about any news just focus on numbers. Vires in numeris.
Most of the news, twitter accounts or so, they are made to play with you. Think your own head, make your own decision. When you are trading put your mobile away and don't look at twitter or any social media. Use pure logic.( I personally didn't used twitter until i started jeekis trading. Even until now i used it only for reposting some news for my golden picks or updates on my status. I don't read what people are up to. Don't let those BS to your head).
So after little speech to you, back to the market.
I'm looking for touching 7050 from today's/tomorrow's perspective.
Then i will decide if i will let this short running or not, based mainly on how it will react on daily EMA and support area around there.
If everything goes well, im targeting 6400-6500 atleast. If we don't hold there 6,000$ retest would be kinda probable.
Whole action is planned for this week, so get ready for big things.
Comment:
Comment:
Sorry for going against the whole market sentiment.
But you knew it.
#JeekisCalls.
But you knew it.
#JeekisCalls.
Comment:
Boomed out.
Comment:
Hello Followers. Hope you are having a fantastic day
What an amazing week. And what is ahead of us?
Let's break together current move and what may be in play.
I don't want to give exact direction of the market, as i need few more candles, so i can know what we are dealing with currently, as we flash crashed.
You can see my current view on chart perspective.
I have an up trend-line which is drawn from 24. of june and still body closures respect the area around that.
From 4H perspective we had some closures below with some spikes to grey rectangle(6100-6250), which may easily happen in next upcoming days.
Second thing we have down trend from 24 of july and forming a nice sort of triangle from both of trends as you can see. The reversal that happened on 5th of september from enigma point, nicely respected the downtrend.
And now here we go. We are back at the bottom of the triangle.
What is the next play?
The most logic thing now would be atleast some re-test, spikes to grey rectangle or the green one where 1,27% fibonacci is aligned with. If we do sustain with body closure in this uptrend we may see some breakthrough in upcoming week or 2.
Second scenario will be in play if we break hardly the triangle and test bottom of the fibonacci 5820. There we will see how market will react to this downside and how hedge funds/whales would want to protect 6k as a bottom. I'm not trying to for market sentiment, but really? Too many times we tested this level without some sort of break. This could be the time to break through if we play this right. And bitcoin could be headed for my long term perspective. As i called from 10k, we will see 5.8 or so, as i'm calling for new lows, is 6k, won't act as a strong support. Worst case scenario 3.5-3.7k. Yep that level would be quite nice and we would make ton of money on this.
So i'm staying flat for now, and will wait for some days until market shows some stability and some moves which will lead to me some conclusion on next trade.
Q&A from instagram story.
BTCUSDSHORTS nearing ath.
Well this question, was in my mind for some time, as BTCUSDSHORTS was nearing ath week or so back. we flash crashed and got back up again with crazy amount of short orders which went in. My current TA on BTCUSDSHORTS is calling for new highs. But with some sort of consolidation and break of top of the fibonacci and crazy downside of BTCUSDSHORTS could lead to break of the BTCUSD triangle and we could be good for some upside. (BTCUSDSHORTS new high could be at 44k or so)(Top of the fibonacci 38371).
XRP.
Still the same play, you can click ctrl+f, type golden picks or xrp in my channel to see all charts which are in play right now on alts. Not sure if it's even logical, to look for some move in alts, better just to stick with BTC move and adapt buying alts with that. When we are having flash crash buy something, when we are nearing to the top, sell.
Golden RULE: When you think it's going to pop a little bit, and you are already in profit. - SELL. When you experiencing flash crash and almost have a feeling it's not going to stop dropping. Yep exactly this is the time to buy some for quick scalp.
Can you include ETF decision as well?
Well like, yeah ETF decision can make something, but i would suggest that decision as we will be getting close to the decision, so we can better countertrade. I'm rarely focusing on charts, than overthinking about market sentiment. You should also. Clear your mind with that. Like i said before, when you are trading, unninstal every fkin social media application that is blurring your decision. Like fking 4chan or so.
Well this one was kinda longer, but even tho i'm suggesting you to read it through.
Jeekis.
What an amazing week. And what is ahead of us?
Let's break together current move and what may be in play.
I don't want to give exact direction of the market, as i need few more candles, so i can know what we are dealing with currently, as we flash crashed.
You can see my current view on chart perspective.
I have an up trend-line which is drawn from 24. of june and still body closures respect the area around that.
From 4H perspective we had some closures below with some spikes to grey rectangle(6100-6250), which may easily happen in next upcoming days.
Second thing we have down trend from 24 of july and forming a nice sort of triangle from both of trends as you can see. The reversal that happened on 5th of september from enigma point, nicely respected the downtrend.
And now here we go. We are back at the bottom of the triangle.
What is the next play?
The most logic thing now would be atleast some re-test, spikes to grey rectangle or the green one where 1,27% fibonacci is aligned with. If we do sustain with body closure in this uptrend we may see some breakthrough in upcoming week or 2.
Second scenario will be in play if we break hardly the triangle and test bottom of the fibonacci 5820. There we will see how market will react to this downside and how hedge funds/whales would want to protect 6k as a bottom. I'm not trying to for market sentiment, but really? Too many times we tested this level without some sort of break. This could be the time to break through if we play this right. And bitcoin could be headed for my long term perspective. As i called from 10k, we will see 5.8 or so, as i'm calling for new lows, is 6k, won't act as a strong support. Worst case scenario 3.5-3.7k. Yep that level would be quite nice and we would make ton of money on this.
So i'm staying flat for now, and will wait for some days until market shows some stability and some moves which will lead to me some conclusion on next trade.
Q&A from instagram story.
BTCUSDSHORTS nearing ath.
Well this question, was in my mind for some time, as BTCUSDSHORTS was nearing ath week or so back. we flash crashed and got back up again with crazy amount of short orders which went in. My current TA on BTCUSDSHORTS is calling for new highs. But with some sort of consolidation and break of top of the fibonacci and crazy downside of BTCUSDSHORTS could lead to break of the BTCUSD triangle and we could be good for some upside. (BTCUSDSHORTS new high could be at 44k or so)(Top of the fibonacci 38371).
XRP.
Still the same play, you can click ctrl+f, type golden picks or xrp in my channel to see all charts which are in play right now on alts. Not sure if it's even logical, to look for some move in alts, better just to stick with BTC move and adapt buying alts with that. When we are having flash crash buy something, when we are nearing to the top, sell.
Golden RULE: When you think it's going to pop a little bit, and you are already in profit. - SELL. When you experiencing flash crash and almost have a feeling it's not going to stop dropping. Yep exactly this is the time to buy some for quick scalp.
Can you include ETF decision as well?
Well like, yeah ETF decision can make something, but i would suggest that decision as we will be getting close to the decision, so we can better countertrade. I'm rarely focusing on charts, than overthinking about market sentiment. You should also. Clear your mind with that. Like i said before, when you are trading, unninstal every fkin social media application that is blurring your decision. Like fking 4chan or so.
Well this one was kinda longer, but even tho i'm suggesting you to read it through.
Jeekis.
Comment:
PM me here on tradingview for link.