Based on its current position it wants to break even to consolidate on whatever timeline the intitutional algo is trading on. It should break even to 40890 by midnight tonight. After taht there could be a pretty nasty dip to shake out any traders with stop losses just below the low of the last 25-34 candles. Then there should be a sharp move up as it hits fomo...
According to this readout, The Lower Highs and Lower Lows are starting to breakup.
We can already see some take profit on the short side (orange arrows)
When you have a 100% tall Perfect Heartbeat Lightning Bolt with a Sell Candle winning the Volume war and a U distribution the ranging Heartbeater really starts to get excited !!
Remember this axis and stay tuned for the markets reaction to such a fine beast we have spotted here in the cryptosphere !
Manual traders should expect a recede in price at least to the...
We are in the buy zone of predicted "Rat Trap".. The idea Heartbeaters is to range buy and sell this coin as it side ways trades within either a symmetrical or Ascending triangle over the coming days accumulating her to sell on upper fibs when she breaks out.. Ascending triangles, if this in fact closes as a Heartbeat generally have max on the 0.618 fib and min...
We have to be flexible as Hearbeaters that we don´t get stuck with false or incomplete method and miss the flow of the market because we miss subtle aspects of the footprints of smart money..
This is classic day charting.. We see a Symmetrical Triangle that is quite tall with a 40% price hieght and also bears signature volume drop off..
So we have a...
The higher the volume the more the the near perfect Heartbeat on Poloniex looks like a Humpback Whale / Wooly Mammoth / HLBRX...
I always wonder about the observer.. Is the pattern so close to the deadly bearish Heartbeat that the impact of it being ever so slightly skew if has no bearing.. We continue as Heartbeaters to uncover the ever so sensitive lines in the...
Not looking good, but we have to go with the flow of the market and how it presents itself..
Get ready to see 10k levels or below in my opinion, nothing about this looks textbook good !
It makes sense that if the Wooly Mammoths go Swimming with their Nemisis (mirror) the Electric Eel, (The long awaited SFB?), they are not going to make it out without a...
Note the difference between this beauty and the APVMM Slingshot in the link below..
I assume both to be Cupsmiths of the bullish family..
Range on the axis or just go long, consolidation may insue but will be attracted to the max and axis side..
Best of luck! We are going to need it Heartbeaters..
I christen this the "Cat of Nine Tails" to the bulls backside /...
Heartbeaters, I've discovered a new trade method.. The Axis is our magnet, our friend, attracting the price for us....
Don't be concerned if you miss investments, just be patient and stick to the Axis Magnet !
If you want to learn how to trade this range high tech styling let me know commenting or pm me..
Time to update the ranging profile to the new axis on...
Time to range Golem !
Got a substancial stash that needs some direction..
Looking to long and short this Lightning Bolt looking Heartbeat on her axis and all fib extentions..
This is a powerful axis and it will be a magnet for some time into the future because of it's near perfect geometry
Got a new trading method I'm flashing across all my holdings to help sell the spikes..
So my little purse of Mona just got a new outlook..
Axis = 17.5.. range trade this baby max to min centred on her nucleus !
Ranging is longing and shorting on the fibs in this using instant orders placed in the order book.. almost impossible for a human to do and that is why...
BTG vs ETH on Bittrex, One to watch in the GPU Mining War !!
do we have consolidation.. Wait for the Axis to present itself Heartbeaters !
Hell yeahhh!!
Lets get us some gold !!
I have a new technique peeps, I play the range with a sophisticated bot.. pm me for details..
Official name of this LB is a HLBLX - Heartbeat Lightning Bolt Left Hand Axis Cross
This is what I am betting is the SFB. Hopefully it retraces to the axis of the other perfection we have seen lately allowing me to re-enter bitcoin at a reasonable price thus pulling off a beginner's luck Holy Grail trade multiplying my BTC purse and my USD purse..
You gotta have goals in life ! haha..
Best of luck in the world to you Heartbeaters !!
Dare trade...
Here is a trade setup I am going to test..
I call the perfect echo of the BWF with axis $10700 to reach a max at $13775 where we will surf the pipes back to this axis or the new axis of $11395..
Here is to failing or succeding BUT definitely learning something new along the heartbeat track..
