Cash is still king.Keep your cash and wait or short when you find an opening as cash is still king. Let it crash so you can buy cheap.
Hyperwave
The trend is set.4k TP Target 1 hit, so what next?
In theory, at this point, all roads seem to lead to 1,200 IMO
to complete the wave seven (7) of the Hyperwave theory/pattern.
Target 2 In view. (1,100 - 1,800 area)
Target 3 = 600 - 800 area 😱
Yellow line = Trend line resistance retest.
Blue dotted line = fair price Uptrend channel.
Blue solid line = ALCM/DCA reaction Buy Zone
Red dotted line = far price Downtrend channel
Green 0.618 = Reaction rally rejection area.
The trend is your friend until the end. Be safe.
------------------------------------------------
Remember to always use a stop loss and manage your risks.
This is a very risky and unregulated market - You may lose all your money (90% will lose money) - I, therefore, take no responsibility for your losses if and when it happens
Silver, Gold and now Palladium !Hey guys, your favorite bear is today interest buy the case of palladium !
Palladium shows signals of accelerated parabolic phase which tends to confirm a bubble market.
Let's recap the state of the precious metals market :
- Silver is in crash phase.
- Gold in an advanced bearish consolidation.
- Palladium in a bubble market.
Technicals indicators :
Price is well overextends over 200, 55, 21 and even over 7 monthly EMA : this is a strong signal of bubble.
RSI shows overbought conditions on monthly chart and bearish divergences on weekly and daily.
TD Sequential gives us a perfect daily 9 candlestick which implies a potential correction.
DISCLAIMER : I'm not financial advisor. I'm doing it for my own entertainment. You are responsable for your losses because you trade at your own risk.
PLEASE KEEP SHOWING ME YOUR SUPPORT : LIKES and follows are very HELPFUL.
Feel free to comment, share and follow for receive more informations.
Cheers !
WRX Hyperwave Complete - New Parabolic target?I've been looking at some of Sawcruhteez's work on Hyperwaves.
Matching this to WRX - this looks textbook.
From my basic understanding, this suggests we are at the beginning of a Parabolic shift (stage 1) dropping down through Stage 7 to base of the last parabolic to test.
What I don't know is the ceiling... any thoughts on potential upside?
Check out: www.tradingview.com
Thanks,
Hard Forky
(I had to republish as the Ichi was not coming out on the 1d chart.)
#HyperCash A Good Opportunity To Climb !Entry : 0.0001535 - 0.0001399 - 0.0001183
Target 1 : 0.0001679
Target 2 : 0.0002013
Target 3 : 0.0002227
Target 4 : 0.0002554
Target 5 : 0.0002810
Stop loss : 0.0001127
Risk/Reward : 16%/98%
Do not hurry to buy, the price may go down to good places
Please share your opinion in the comments box and do not forget to press the like button
Last chance to get out BTCUSD before bear continues?I am no expert, quite the contrary. All I keep seeing is lower highs and lower lows. As much as I want the bull market, I just don't see it. Could this descending triangle push it lower. Another thing that keeps coming to mind is Tyler Jenks Hyperwave prediction that we will see 1000 BTC before it's over.
Thanks,
Satoshmike
Bitcoin heading higherHi traders. Hope you are having a great week!
Looks like consolidation might be over here on Bitcoin.
Elliot wave count looks messed up as 1st and 3rd waves are almost the same in size. Don't be fouled, it's not 3 wave move or (ABC). What that means then? It means 5th wave is going to be hyper - extended to compensate this bullish (short term) momentum .
Why do I think so? Look up Ethereum & Xrp daily charts. You might be looking at Bitcoin's future. These pairs are already in extended 5th wave and there's a lot of fuel left.
Macd is supporting this move as buying momentum is coming back slowly.
Targets:
@9240$ is obvious as it's Monthly Supply zone and a lot of big sell orders are placed there. 30-50% of the position could be closed here while waiting for 9800$.
@9800-9900$ targets are reachable knowing that intra month swings can overtake 9200$ easily . Keep in mind, only closing above 9240$ on Monthly would suggest that bullish momentum is coming back in macro perspective.
Trade safely! Hope you got something useful. This is not a financial advise.
xena.exchange
Bitcoin HyperElliotsWave caseHi boyz
Here's my latest set of deep analysis. Went through extensive reviews of counts, rules, rules that justify broken rules and other awkward meme invalidations AND all possible "IF" or "MIGHT" or "COULD" or "POSSIBLE" hindsight scenarios and came up with this remarkable work.
Hope it clarifies any doubt were we heading.
Trade safe.
Peace
vsh
SORRY FOR SPAMMING BITCOIN CHARTS BUT THIS IS BEAUTIFULI.
TOLD.
YOU.
SO.
On an "academic" perspective this is so beautiful, but first I want to celebrate. Because I saw it coming. I saw it all.
And who else did?
I of course predicted that ignorant people would tell me how wrong I am and "got burned".
So please note what I wrote on this chart in green on the mid-upper right area:
(This is just an example, we could also get a 1 year
bear market till 3000, then 6 months of bull, etc)
Here are ALL my public BLX charts.
BLX weekly charts:
BLX daily charts:
There is no cherry picking these are all of them. There is no "weekly and above charts" filter, so BLX is the closest thing.
And only BLX afaik has Bitcoin all time. I told people there would still be Bitcoin bubbles. But no 1 million.
Smaller bubbles... Technically if we make it to 13k it will be as big as 2013. 2013 was a > 4.236 extension and so is 12k.
Most crypto investors cannot figure out when I am on a 1 hour timeframe or monthly timeframe...
They just "assume" I am on the same as them, whatever it is. Most are clearly not traders.
I have way too many BTC posts to go filter them. And so many updates I was posting a ton 1 year ago.
Good thing I keep BLX clean enough. So. Here we have it.
SO, back to hyperwaves. Made a post about this before. Tyler Jenks is the one that gave it the name.
I just call them asset bubbles. Or super bubbles. They always behave the same manner.
It is over and 80% odds going back to phase 1 once a week closes below the phase 4 trendline.
According to him. But he only had a sample size of a few dozen.
What I can say is bubbles behave the same way, always.
Made a post about this:
Got an idea about Bitcoin financial bubble describing it:
By the way... I found this screenshot in the idea. LOL. Once again...
Got a recent chart for Bitcoin with descriptions:
On the monthly chart:
Going to wait a few more days before posting that monthly chart.
No, I do not think we will go to zero in a straight line, and I am not 100% sure we go to zero zero.
We might thought...
Just look at BCH ...
11k to 17k was not phase 6 then?
I thought it could go to 20-30k even 100k, but phases 6 never go past ath right?
Gold Hyperwave - Phase 2It seems possible to me that gold is in phase 2 of a hyperwave rather than a phase 7.
Although no hyperwave is officially a hyperwave until it's in phase 3, it's worth keeping an eye on gold for potential further upside according to the hyperwave rules of Tyler Jenks. Time will tell. Enjoy :)
AMZN - Hyperwave A LOT more upside if Phase 3 HoldsPlease look at Index to get the 'bigger picture' however this could be valuable to anyone who is trading Hyperwave real time. Note please ALWAYS put your stop losses below the Phase Line for situations just like this, you will then be able to "Trade Another Day" :)
Bitcoin: my take on hyperwaveWhat goes up must come down
Spinnin' wheel got to go 'round
Talkin' 'bout your troubles it's a cryin' sin
Ride a painted pony let the spinnin' wheel spin
You got no money and you got no home
Spinnin' wheel all alone
Talkin' 'bout your troubles and you, you never learn
Ride a painted pony let the spinnin' wheel turn
Did you find the directing sign on the
Straight and narrow highway
Would you mind a reflecting sign
Just let it shine within your mind
And show you the colors that are real
Someone is waiting just for you
Spinnin' wheel, spinnin' true
Drop all your troubles by the riverside
Catch a painted pony on the spinning wheel ride
Someone is waiting just for you
Spinnin' wheel, spinnin' true
Drop all your troubles by the riverside
Ride a painted pony let the spinnin' wheel fly
Bitcoin Daily Update (day 322)Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business.
Click here for my Comprehensive Trading Strategy | Click here for my Comprehensive Trading Process | Click here to learn about the 2 BTC' to 20 BTC' Trading Challenge
Consensio: P < S MA < M MA < L MA = bearish
Patterns: Phase 7 of hyperwave | Bear Channel | Daily Close Below Symmetrical Triangle
Horizontals: S: $3,350 currently being tested | R: $3,374
Trendline: 3 week bear TL is holding as resistance
Parabolic SAR: $3,479
Futures Curve: Backwardation with 1.4% spread. Paying very close attention to decreasing spread.
BTCUSDSHORTS: Appears to have formed a higher low
Funding Rates: Longs pay shorts 0.01%
TD’ Sequential: R6
Ichimoku Cloud: Cloud is starting to thicken
Price Action: 24h: -0.4% | 2w: -4.8% | 1m: -14.6%
Bollinger Bands: Fully bearish, bands are starting to squeeze again
Stochastic Oscillator: Daily is back in oversold territory, 3D failed to make bullish cross
Summary: I have been watching for a bounce off the trendline support from the symmetrical triangle. In yesterday’s post I used the 4 hour chart for the first time in months while i was watching the reversal candles form on top of my trendline.
That failed to amount to anything over the past 24 hours and now I am right on the verge of turning bearish again. The LTCBTCSHORTS being severely overleveraged is the main reason I am inclined to remain tentatively bullish. The 3D red 9, daily red 6 and backwardation are providing confirmation at this moment.
However the spread in the backwardation has been consistently narrowing over the past few days and it is getting dangerously close to re entering Contango. If that happens then I will disregard the Litecoin short sellers and look to join the party myself.
2 BTC to 20 BTC Trading Challenge - Day 24 (0.39 BTC)Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business.
Click here for my Comprehensive Trading Strategy | Click here for my Comprehensive Trading Process | Click here to learn about the 2 BTC' to 20 BTC' Trading Challenge
I am currently in Las Vegas for the Unconfiscatable Conference and I didn’t have intentions of making another update until returning home. However the stop loss on my USD:TRY long was triggered and because of that I felt the need to make another post.
I had high hopes for that trade. I was expecting it claw out of it’s unrealized loss and go onto makeup for a large portion of the deficit that I got myself into with the string of losses that started this challenge.
That position easily could have netted me 1+ BTC over the coming weeks / months. Instead it broke down $5.25, triggered my stop and capitalized on a loss of 0.3425 BTC.
That puts me into a deep hole and it will make it very difficult to complete this challenge on time. Now the challenge will be to get back to breakeven in the next three months. If I can do that then I believe it is still possible to complete the original goal of +1,000% in less than 6 months.
A big part of the motivation for starting this challenge is to inspire others who have gotten completely rekt throughout this bear market and what better way to do that then to get completely rekt myself?!
If it wasn’t for this challenge I would likely take a few weeks off and deposit another ~ 1.5 BTC. Instead I am going to roll up my sleeves, decrease my risk and get back to work.
Open Positions
Short: XAUUSD
* STOP ORDER TRIGGERED on 1/18/19 to short 0.05 lots
Price: $1,284.73
Stop: $1,297.26
Projected Risk: 0.97%
Leverage: 100X
Exposure: 0.05 lots
Margin: 0.016 BTC
Unrealized PnL: +0.004 BTC
Long: USDCAD
*1/17/19 Stop order entered to open long primarily due to recent golden cross with 50 and 200 W MA’s. Daily signaled 50% entry due to P > S MA (5%) + Bullish M MA (30%) + BS (15%)
Price: $1.33032
Stop: $1.3149
Risk: 1.15% / 0.07 BTC
Leverage: 100X
Exposure: 0.21 lots
Margin: 0.057 BTC
Unrealized PnL: -0.002 BTC
Closed Positions
Long: USDTRY
Enter: $5.55804
Exposure: $16,000
Leverage: 100:1
PnL: -0.3425 BTC
ROI: -7.81%
Watchtower
.
BTC
Notes: Expecting gap in volume profile to get filled before final capitulation takes up to the $1.4K - $1K range. Backwardation spread is up to 4% which is primary reason why I am bullish.
XRPBTC
Notes: Appears to be breaking down symm triangle & rolling over D L MA following DC. Backwardation is the only reason I am holding onto long. Trying to re enter weekly cloud which is on verge of bullish kumo twist.
ETHUSD:
Patterns: 5 month bear channel | Daily chart starting to look like h&s
Notes: First weekly buy signal since April 2018. Weekly higher low? Lifetime POC = $212 (in confluence with W L MA & 200 D MA)
LTCUSD:
Patterns: 7 month bear channel with potential recent bull trap. If TL resistance holds then should get a h&s w abbreviated right shoulder.
Bitcoin Daily Update (day 306)Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business.
Click here for my Comprehensive Trading Strategy | Click here for my Comprehensive Trading Process | Click here to learn about the 2 BTC' to 20 BTC' Trading Challenge
Consensio: P < S MA < M MA < bullish L MA (recent death cross, watch for L MA to flatten / angle down. If that happens the fully bearish posture)
Patterns: Phase 7 hyperwave | Massive falling wedge???
Horizontals: R: $3,660 | S: $3,515
Trendline: Potential falling wedge
Parabolic SAR: $3,942
Futures Curve: Backwardation with 3.79% spread (increased ever so slightly)
BTCUSDSHORTS: Attempting to take out local low. If that happens target is 19,569
Funding Rates: Longs receive 0.0028%
TD’ Sequential: R2 = R1
Ichimoku Cloud: If you consider yesterday re entering then today it fell out along with a bearish TK Cross
Average Directional Index: Still tracking toward the 20 threshold
Price Action: 24h: -2.3% | 2w: -5.8% | 1m: +11.1%
Bollinger Bands: MA is starting to flatten after finding support from the bottom band
Stochastic Oscillator: Buy Signal
Summary: In yesterday’s post @DVemer pointed out a long term bear trendline that stared with 2017’s ATH and connected to November 8, 2018. I found that very interesting and after further analysis I am seeing a potential falling with.
If it is real then it carries at $16,800 measure move. It is far too early to make that call but so far there are four out of six boxes checked, based on the rules that I use.
The last two steps would be breaking through the upper boundary on high volume. I would need to see the buying volume exceed the selling volume from November 20th, at an absolute minimum, in order to consider it sufficient. Even if that does happen I will be extremely skeptical due to the built up resistance at $6,000. I would likely go long but I would have a very, very hard time using a greater target than that in order to determine risk:reward.
The craziest part of all is if we get to $16,800 I still would not be considering it an end to the overall bear market. Phase 7 of a hyperwave is "the most maniacal" according to Tyler Jenks and as long as it resists below the peak of phase 6 then it is still valid / in tact, meaning that a return to phase 1 would still be the target. Wouldn't you know that the top of my phase 6 is $17,252...
Even though it is too early to call this pattern real, it is not to early to pay attention and mentally prepare yourself for anything. Never say never and always be open to possibilities. That is what I try my best to do. Even though I am firmly bearish I want to understand every bullish signal / indicator that is happening so that I don't get blind sided.
Bitcoin Hyperwave Analysis: A Hold Of The Bottom?There is nothing else I can say, everything is on the chart! There are many experts who thinks the Phase 2 has already been broken at 6k level on the last dump and so they think we are going toward Phase 1 already, but I think Phase 2 is still on the game and may create the flaw to break the hypwerwave and put an end to the bear market before Phase 1.
A botom at 1100$ seems too obvious for the hyperwaves believers, but we know the bottom was a bottom only when it's too late. :)
Anyway, it is a little bit late to get bearish anyway...






















