We are beginning to establish a more secure bottom at the .786 fib line around 7180 and although its still a possiblity we drop to 7k/6900 we are so close to the bottom that i'll use the drops from here to accumulate more entries but patiently wait for the swing up to 8300. Which would be a bout a 15% swing. Keeping it simple for everyone with this chart.
Please...
Hey Everyone,
If you enjoy my content please like and follow. I do daily updates on bitcoin, and i'll do TA's on altcoin signals as well, but if you really want to stay up to date on everythign crypto then check out my discord channel "the crypto blend". I can't drop links but you can google it or just look it up in the discord platform. We leverage a team of...
Hey Traders
Missed my 7800 - 7900 by about 100$ ideally would have made me happier had we come down and seen a bigger jump, and its possilbe it may still play out with the elliot wave count in the 5th primary wave we are in, however, there are several other possibilites worth looking at playing out as well.
To sum those up, we're at a point of APEX (critical...
Hello Everyone,
With Consensus 2018 in the works we would have thought to see more bullish momentum in the market but that just doesnt seem to be the case. Yes, we are getting higher highs and lower lows but the sell volume is still very strong and we havent been able to get up and over 9k and establish support, I fear this next attempt will be our last if we...
Hello Traders
A simple chart showing my entries targets and exit targets.
As always, this is not financial advice, just how I'm playing this corrective/impulse wave up right now.
I expect 9k to show massive resistance, and i'll exit at 8900 roughly. 9k also has horizontal confluence and the 200 ema resistance band is right there. So lots to support my...
Hey Traders,
I'm optimistically bullish until we drop under the .618 retracement line. With that being said this chart shows my expected entry and targets for how I plan on playing this bitcoin recovery.
This is a temporary play which is why i have exit targets and I'm not holding til a new high, As more data comes in i'll look at taking a re-entry position...
Hey Everyone.
looking at our expected daily update of bitcoin today and we can see the correction is playing out in tune to our previous charts. I highlighted critical points that would determine if the correction would play out deeper or if we were looking at a potential larger elliot wave playing out in the bulls favors.
We saw divergence in the volume vs...
Hey traders,
Quick Summary, focus is on the correction today for obvious reasons, where is the bottom? 8700-8900. lots of confluence at this zone. I project a wick will make it through the 200 ema on the daily chart and bounce with nice volume off the .382 fib line for the overall retracement, if we fall below this area things may get bearish real quick....
A lil projection for how deep the correction will go on the hourly chart and some entry zones that im looking at as i do believe bitcoin will climb to see a higher high now that we have passed over 10,750. Market Sentiment is bullish still. Corrections are playing against the trend, going long is a more realistic play til 10k, 10,800, and 11,600. All critical...
