13 Minute update on these coins. This is what I think will happen and how it will happen. It is def worth the watch, even if you don't want to listen, briefly go through the video and look at what I look at. It is simple and informative AS LONG as you know how to interpret it. I've been right almost every time this last week. This guess on the movement is...
Its a good video to skim through and see if you like this Schiff Pitchfork's placement and values and take the values and use it for yourself. That is what would make me the happiest. I think on the 4hr and 1hr BTC looks ok-good, but on the other timelines it looks horrible. We are near the main trend line. It historically has come back to this line to touch when...
yeo there will be a cme gap, if we keep ging down that will mean its above and needs filling, this seems to be happning on Sundays, no china pumps and no tether printing now is effecting the price hope im wrong, but..... did great with secret protocal this week and truebit
Bitfinex's coin LEO is looking like is building volume and momentum for significant move. This coin have been in a strong and very annoying consolidation for last month and half but barely saw any significant drawdown as compared to other major coins. I think time is coming for this to continue to next target.
Not a big fan of the price action around the pink line. Exited position at 60k and waiting for strength to be shown above the pink line. Interested to see where the day ends in 2 hours. I was hoping for bounce at 60k yesterday and not a falling under for it to only slide downwards. As always, the schiff pitchfork i use has the values listed in the linked idea....
Bullish. stop loss under pink line at 59.1. We will see what happens, so far perfect bounce on pink line for start of new 4hr. But maybe, TONIGHT WE RIDE!
Long story short. If btc drops with this ugly pattern that has never been created on this movement up, I see TREMENDOUS downwards potential. upwards is possible, but there should be strong movement upwards before an even bigger one after. As always, the values for the pitchfork are in the respective linked idea.
Gotta get above 50k to look nice and rejection at pink line will look bad. As always feel free to use the schiff pitchfork values for yourselves. values are in the pitchfork idea.
Title explains the whole thing more or less. Just another quick update from last video. WE had targets hit. No surprise. Like i mentioned, there's only one real way to have a supply crunch and that is to get rid of weak hands. otherwise people will just sell at *tops*, therefore no supply issue. I just mentioned targets I would like to see, and how I would be...
Rambling update, but some nice content i think anyway. I'm pretty much continuing off the linked chart. no big surprises on resistance seen here. I would prefer bigger drop about 6-10% to give nice room to consolidate on a movement back up. Like always, I mainly do not want to see a rejection under the pink line for mid term btc movement upwards. We didn't see...
I don't know why i cant replicate my schiff pitchfork, even when I use the values I see on the main chart. Ill keep trying to figure that out. ----------------------------------------------- Mid term, I am bearish on Btc. The bounce spots can be seen and there will be a link to the pitchfork chart for future reference to it. It def appears to be rising wedge...
Spike over the last couple days due to tether printing. Interesting how tether always prints and the price moves up whenever Bitfinex is in trouble. i.e. new NYAG revelations come out. Still shorting to the .618 retracement. Aka 7200. 13,800 top of wave 1. In wave 2 now.
Compressionary range has not yet been entered on the longer periods, mean reversion pivots are still in tact and have protected the bullish trend rather well. I'll be shorting as soon as they break, alternatively you can take longs whenever the pivot is tested. Happy trading.
To grasp a better understanding of the vocabulary I use here, read the write up in the related idea. Today BTC hit one of the strongest consolidation signals known. Bitcoin will trend down to the 200 MA on the 1h chart, due to a mean reversion condition being met after the previously predicted upward expansion. This is a very safe signal, ideally you want to...
Today I go over my most advanced indicator, 3D wave PM and justify the high probability mean reversion position several days ago
We need to retrace 3% at this moment to continue trend. It is possible that this move will be a lateral move as well, where price will go sideways and the mean will meet price.
Today we go over the pivots for mean reversion and trend. After last week's bottom call, the definition of the upward move on this chart is much appreciated!
Good morning TV, It's been a while since I posted a public video analysis. Glad to be back and share with you my opinion and analysis regarding this space. For those of you who don't know me, my name is Amol and I've been a trader for 11 years. I started off my trading as a high school kid logging into my Dad's account in 2008. Thinking I was hot sh*t, I made a...