I'm so freaking tired, I've been working on this for so long I'm going to sleep as soon as I post this. I'm keeping this one as short as I can. WHERE WE ARE NOW: Primary wave 4 of Cycle wave 3... We are in the process of an extended 3rd cycle wave. Specifically, we are in a primary wave 4 consolidation of that cycle wave. Why was September thru November so crazy...
BTC bubbles all tend to rhyme. This is my scenario of maximum pain. I'm not a 100% sure it will happen like this, but I'm mentally prepared for it.
Nothing going on now is really different. Bitcoin has always gone up and down, especially around this time of year. Quit analyzing every 5 second movement. The medical costs from your heart attack will outweigh your profits from constant buys and sells.
The price proves that it's going up by ignoring the bottom line of the ascending triangle. (Which is acting as trend line too) The idea behind of this chart is to show Profit Targets and how to get these Profit targets. Remember one color presents one pattern + target. Let's take a look at symetrical triangle: Draw vertically a line from the highest point of the...
0.0000405 - 0.0000505 buuy zone 78.6% fibbo, volume increase and rsi reset take profit 0.0000895, 0.000109, 0.000135
Just something for myself to check on later. Btc has had some positive news regarding Segregated witness and Lighting network is said to be making progress good also. These two together, in my eyes, would end the need for current divide between the two communities in bitcoin. Can't forget the halving that is coming either! Not much thought has been put into TA in...
It might take a couple years before another rally. The next 4 months I expect price failing at the red trend line and coming back down to 220-300 depending on how strong demand is there and therefore if it's worth for whales to try running the stops bellow 230. The 800-900 target is derived from meassuring the distance at the widest place within the triangle,...