On the monthly scale the Elliotte Wave count looks like this: Note the length of the correction in 2014 vs 2018. If 2018 is a repeat of 2014, then we should reach the end anytime soon, however since the prior super Wave 3 was much longer then any of the previous super Waves and much bigger and longer correction could possibly be due. On the weekly scale the...
This is my attempt to count the BTC waves loosely based on the Stochastic indicator. On the monthly scale we can see a super wave count. It seems like we are currently in super wave 4. On the weekly scale the Stochastic indicator helps to count the sub-waves. On this scale we count 5-3-5-3-5. This put 2018 in a "3" (A-B-C) correction wave. On the daily...
I love to short fomo and long folo. Tight stops ($50-$100) are required above each previous top when it's broken or even better, hedge with spot/long (futures or 2nd account) up to a point of $10120. This rally is unsustainable by the same market participants while investors are out, looking to breakeven or sell their bags from before local markup. No new (big)...
Greetings! As we start a new month of July we had a good bit of volume right after the normal markets closed late on Friday evening and as soon as the monthly futures expired, i called the 29th as a movement date and got it 100% spot on Bitcoin got pushed up to 6500 areas and settle between 6300 and 6450 during the weekend really still need to see signs of...
Greetings all as we enter Summer in the northern hemisphere we are able to identify some important SUPPLY and DEMAND zones, shown in yellow and our usual Gann fans, Fibs, wedges/triangles and our trusty RSI showing us possible paths it has been shown to me and few others every 6th of the month has been a major pivot point, so will this come on the 6th of June...
Roadmap to get us out of this correction (ideal setup) & Next key pricelevels to watch. If we hold 7040$ (preferably, or else 6425$) the bullish wave count is still in place. Sure you could argue the retracement from 9990$ was bigger than anticipated but the bullish count has not been jeopardized as of yet. Last update I said we might see a bounce from the 0,5...
This is a more aggressive Roadmap due to Consensus. Either way its going up! ;)
Bitcoin nailed the 0.5 retrace (from bottom to top) and is currently testing it's 0.618 and previous downwards channel resistance (previous support). This bounce from 8200$ has been very very technical. Congratulations on this obvious Long position. Wave 2 should be completed now (as long 8200$ is our bottom). Wave 3 will head towards 13000$. That might take...
Alright, here we are...pretty much thinking that EOS has bottomed out...though did not hit our buy spot. That's ok we are still playing the Blue Chipper and using our roadmap, we'll be able to steer clear of the woodchipper. I understand that there is a lot going on with this thing, by the time you are done you will be seeing sounds and smelling colors, but at...
Bitcoin by design is controversial, disruptive, progressive and certainly one of the hottest financial instruments known to the trading world since it began.... bitcoin was born to be wild!!!! We want to get a good idea of where BTC is headed in May 2018 so... We have the fib levels and some supply and demand zones so we can get a good idea of the bounces and...
Bitcoin is still following my previous chart nicely. It has been in this upwards channel for the past 3 weeks. Until this channel is broken downwards I don't see any problems for the bulls. I noticed the selling volume (after breaking minor supports, mostly in huge sellspikes) being bought up straight away by big players. And if theres no selling volume bitcoin...
LISK like a few other coins has a massive hype machine behind it and can be very useful to buy in at thre right times for some crazy profits in short time frame upon examining both bitcoin and usdollar pairs we can get a good feeling of when these next 'pumps' will occur and what levels to buy in safely the Gann fans show some trend resistances and supports and...
Using my favourite Gann's and solid fib retracements we are looking at NEO i know many people bought in and held NEO including myself, sometimes a bit high with all the FOMO from last 6 months with Bitcoin and crypto market in reversal we can look at possible entries and where NEO price will go in the next few months NEO/USD had a clear breakout of the...
Greetings once again BTFD members, lurkers and first timers! Weclome to the greatest show on Earth right now!!!! Its been a really fun and exciting path towards finding the TRUE value of Bitcoin since the rather over-inflated peaks of December and January So what is the true value of bitcoin? its different for every person to be frank and thats why its having...
Reference Chart for bitcoin in April 2018 green areas are supply and demand zones lets see how it plays out for April and see if price action respects these zone areas Market cap predictions lowest: $200bn (around $4500 btc) peaking at $420bn + if you have any questions about this or our successful trading group, use the links provided in my signature...
Follow the Yellow Brick Road! the Master Wave. Not giving direction in where we are going... but sharing my wace map and how it plays an important role in showing me the resistance and supports, also where the neutral price zone is (yellow Wave). But from examining the waves it obviously shows we have started the ascend phase in the other words we are bullish,...
Follow the waves, use every wave as a resistance and support, use the intersection(red vertical lines) of all waves as an indicator for the big move! let's surf these waves!
Bulls still accumulating? Bears are trying hard with little result so far. RSI is cooling down for another leg up (as long as this ascending triangle keeps intact). Feedback always welcome. Have a good day!