I am again giving my warning..
That forecast I made wayyyyy back about a possible run upward.. is also both good and bad news.
We are probably going to come close to 20k... but NOT break through.
ETH will come close to a super-breakout.. but probably won't.
XRP will get its ass kicked.. (as well as other coins) if we fall back too far.
Also, watch for my green dotted line... it's a deal breaker if we go south of it..
Happy trading :)
That forecast I made wayyyyy back about a possible run upward.. is also both good and bad news.
We are probably going to come close to 20k... but NOT break through.
ETH will come close to a super-breakout.. but probably won't.
XRP will get its ass kicked.. (as well as other coins) if we fall back too far.
Also, watch for my green dotted line... it's a deal breaker if we go south of it..
Happy trading :)
Comment:
Okay.. this is hysterical...
you can actually see the whale software bots.. buying and selling..
How?
Look at the perfect symmetry. Look at Bitcoin on the 3 and 5 minute charts and it will be super obvious... random traders do not make cookie-cutter patterns like these.
I also drew a channel in this image. First time I inserted a snapshot, so not sure of the size and resolution.
you can actually see the whale software bots.. buying and selling..
How?
Look at the perfect symmetry. Look at Bitcoin on the 3 and 5 minute charts and it will be super obvious... random traders do not make cookie-cutter patterns like these.
I also drew a channel in this image. First time I inserted a snapshot, so not sure of the size and resolution.
Comment:
It looks good if YOU CLICK on the image. Tested it afterward.
So what now?
According to my ORIGINAL CHARTS we move sideways with a range between 19600 and 19100. These will eventually look like a series of peaks, most probably a Head and Shoulders of its own as shown by those brown cones.
I think the whales have a sense of humor and nostalgia. Every Xmas we have seem to have a gold rush. So I am assuming Dec 23... everyone is going to be thinking MOONSHOT. And then it is back down for a reset. And then.. THEN.. the real moonshot starts.
Happy trading. :)
So what now?
According to my ORIGINAL CHARTS we move sideways with a range between 19600 and 19100. These will eventually look like a series of peaks, most probably a Head and Shoulders of its own as shown by those brown cones.
I think the whales have a sense of humor and nostalgia. Every Xmas we have seem to have a gold rush. So I am assuming Dec 23... everyone is going to be thinking MOONSHOT. And then it is back down for a reset. And then.. THEN.. the real moonshot starts.
Happy trading. :)
No.. it was the whales just waiting for the price to meet that mark.
Whales can't afford the real bull run to happen yet.
They need to keep the market happy.. and just reset to a price a notch above my safe line (green slashes) This was a surgical strike.. as precise as the Israelis taking out an Iranian nuclear scientist.
And it's going to repeat. This is not the time to buy BTC during dips. This is the time to swing trade alt coin dips.
DOT is looking HOT HOT right now. Ripple is a disaster. Litecoin is good. Stellar was hot until its value DEFLATED. That happens after too many traders catch on and then abandon it for Bitcoin runs.