QUICK UPDATE, HASNT CHANGED MY TARGETS. EVERYTHING EXPLAINED IN VIDEO. GOOD LUCK !!
MY CURRENT VIEW ON BTC HAS NOT CHANGED, STILL WAINTING FOR 1-2-3-4-5 WAVE TO FINISH
Bitcoin sell at the market with a good risk reward
Bitcoin has bounced some 15% off of the completion of the BAT pattern at 88.6 fib retracement. Where too now... in the video I make the case for April's monthly Central Pivot which also happens to coinside with a 1:1 of the previous retracement. At this point BTC will face some resistance in the Central Pivot & 200MA. I'm not in yet, so will update when that...
BITCOIN FOLOWS 5 WAVES STRUCTURE, CURRENTLY WE ARE RIDING AT SUPPORT BUT I THINK IT WILL BE FINALLY BROKEN. BIG MONEY WILL TRY TO DEFEND 6K LEVELS WHERE STRONG SUPPORT/DOUBLE BOTTOM IS. IT WILL BE GOOD RISK TO REWARD RATIO TO JUMP IN FOR WAVE 2, WE MIGHT SEE SOME NICE PROFITS NEXT WEEK FOR THE BULLS.
I was blown away when i spent a few hours diligently inserting all the numbers from 2014 & 2018 into an excel spreadsheet last night. I did some modeling and comparisons today, projecting the same percentages from 2014 and seeing what kind of numbers I would get for 2018. Well, as I said! I was blown away by the math! I had no idea that 2014 was really that bad of...
Everything described in video. Always have plan for bullish and bearish scenarios ! Good luck !
3k is my number now but it will probably change over next weeks once i have more info from the market. I dont like to predict "long term" and i always look at my next move which now is a buy order around 6k. NO ONE KNOWS WHERE IS TRUE BOTTOM, but we can use data from the market and prepare for our next move with lowest possible risk to reward ratio ! Stay safe !...
Im still waiting for 1-2-3-4-5 structure to complete around 6k. Will jump in for short term swing (few days into wave 2). More details in next and last video of today ! Happy Holidays!
Still bearish, more details in video. My next video on detailed C wave count coming up !
Hope this idea will inspire some of you ! If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video. Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can...
So in my last Bitcoin video, I talked about why I wanted to short Bitcoin.... Well this time, I am going to show you why I think 12,000 might be in the near future.
If this analysis is good then, BTC should go up 65% before July - August
Hope this video helps you understand the current market scenario. Hit Like and share the video if you think this analysis deserves it. Follow me for more updates. Comment on the video if you agree with the analysis! Feedback also welcomed. :)
Bitcoin is giving an idication of some strength and a potential move to the upside. A very shallow ABCD patten has completed at 1.272 ext and we have 50% retracement ( A B leg) and a pullback to 23.6 (b C leg) and we could be a the very beginnings of a C D leg of BAT pattern. It's a little early to get too excited so I will wait for some cofirmation, once I get...
As discribed in the video the CD leg of a really nice looking Bullish BAT is forming up on BTCUSD. Entry looks to be around the 78.6 level ($7246) which is very close to Monthly S1 ($6939) to give us a reason to think this is a good place for price to turn around. If you were to get long there your stop should be under X ($6004). As D has not formed up yet I...
Here are my thoughts on BTC price for now. This is my primary count. Of course there are many other counts including bearish ones. Let me know if you agree or disagree.
Here's a technical video presenting a Bear and Bull scenario for today's Bitcoin chart. Bear Scenario ==> We could be in a Bull Flag which could bring us down to 4k area. Supporting Data : (1) Historically the shortest retracement period for Bitcoin has been 75 days or 2.5 months. The average retracement is much more proably about 90 days. From 20k to 6k we...