We have a good call run FROM 9k level up to 12k levels from my last analysis.
unfortunately sell pressure is very strong at 12000 Level.
This New Post is Experimental because of the current level its too early to call this. but i am a long time bullish for bitcoin.
If this current level HOLDS (9.8-10k) 1D close, we may see a possible reveral...
its been a while, congrats to all who shorted the last 10k to 3k ride from few months ago.
now it is happening again?
are we riding to the hell again?
should we short or long?
As you can see in the chart.
The possible scenario for me, depends on the price action is.
Green Scenario - we should stay at 9100-9200 level
Yellow scenario - break of 9k level or...
This is a Legendary Analysis
1 Day Chart.
Elliot Wave use 12345 & ABC
First of all this is Test Analysis using Elliot wave.
some wannabe guru in the past says EW does not work in Crypto Currency.
but lets find out!
first the Correctional Impulse during From 14k Downtrend
if you look in the chart its actually look correct for the Impulse...
Golden Cross is Aproaching to ETH/usd/btc,
we may see a super parabolic in Ethereum very soon.
make sure to fill the bags! and be ready to moon.
in this past few days, ethereum are having a lot of strength compare to BTC and other coins.
this is our first local target
Our Current Channel shows we are still on track and still uptrend!
We are near on the important key level
if we break and close below the channel we may see more further pullback.
if BULLS manage to protect the key level we will see more green candle in daily very soon.
as the Altcoins are pumping and as seen from the past when altcoins start to...
Reminder i am not trying to send a FUD to people, but we should be aware in the situation.
Bitcoin level now is in the danger, bears are controlling the market right now and we are in the resistance of 9300-9500 level.
Bull momentum are dying and this is very similar to the past.
As you can see in the two chart, i am trying to compare two similar...
i can see a opportunity for Bulls tonight!
BSV is holding okay compare to the other coins , even btc.
if bulls can break the current level right now,
we might go hit $280 instanly!
rsi are all good.
Selling momentum are already going down.
This TA is Possible if we can go 265-270 within any minute up to 1-2 hour
Bitcoin Hyper Dragon Bullish Mode Scenario (TEST)
This is not a TA for everyone, but i will make this as a public.
this is for my personal viewing only
Cup and Handle
and same fractals Double top before we enter the last 14k price.
NOTE : This is a optimistic view only for me.
Its been a Nice ride with BSV,
Buyers are now aware and hyped with BSV,
whales are selling theirbags
i only try to do a simple chart base on the current market movement,
its only a 1 hr chart mode and its a very short term.
so here we are at the analysis.
BSV are keep getting dump, fool buyer keep buying it, and the whales keep selling...
My Last TA was succesfull and i actually made quite marvelous profits from 6500-8800, Target was reached!
Now whats next? we already hit my First resistance level.
Next Resistance are 9800 its a Major Resistance.
What will happen ? no one knows but we will hope for the best before the Next Bitcoin Halving Event Occur.
its important for miners...
Happy new year!
from my Last TA the Green Scenario is playing out.
but its playing a little different..
due to premature dump, we jump back to 7200 region becuase of a possible Reverse H&S and a Tripple bottom pattern.
in the past Tripple bottom confirms Trend Reversal and also tripple bottom may look like a Reverse Head and Shoulder.
This is my last TA for now.
i will wait what will happen in this TA kicks in and i will post another TA again.
lets hope for the best.
Green Scenario will happen if Volume keep increase starting today until new year.
Yellow Scenario will happen if we still get a very low volume with high pressure selling.
Red Scenario will happen if we partially...
I believe we will touch around 8.5k very soon.
We are in a very low volume
But macd and other signals are okay.
Btc will retest 8k above.
Lets hope for the best!
Just note this TA is possible if we dont go below 7k.
if we stay track we can break out before we close the 1 WEEK 100 MA
possible scenario if we cant keep up with the selling pressure before we close the 1W MA
a complete scenario from my last TA.
possible new LOW and we wont see this price anymore in the near future.
Sup bulldragon fans,
Most of the Cryptonatics are bullish but dont forget we are still on descending triangle in long term view.
the most possible scenario are this view.
Just follow the FIb and my Straight Lines. its just make sense to me, plus my imaginary drawing is a little possible too..
Goodluck on trading, just dont lose too much money when...
BULL DRAGON IS BACK!
Now we face a little downward and a little bearish mode in the market.
but dont cry and worry.
BTC is just forming another Double Bottom to finish the Long term W bottom.
and After that we may form a Double Top and we will start a another Bullish Scenario no a Bull Dragon Scenario.
Goodluck on your trading. dont lose too...
this is bull dragon! we are back again!
as you can see from my last TA. i Hit the 1st Hyper Bullish Scenario.
Bitcoin is already gainging strong mementum!
but not yet! we are not going to the moon not just yet!
we are having a yet another Correction! dont worry its a healthy one!
it will be very dangerous if we aproach 6k in this early stage of...
Bull Dragon is Here!
we are on long way to see the real action for bitcoin
i suggest playing LTC,BNB,EOS and other altcoins for quick cash for daily traders!
as you can see in the chart that i draw.
THE LINE FROM TREND ANOVE AND BELOW IS THE TRIANGLE PATTERN
THE VIOLET LINE IS THE W PATTERN
THE BLUE LINE I DRAW IS THE HYPER BULLISH MODE.