About meEducated Entrepreneur, Trading cryptocurrency since 2015, Teaching people how to trade since 2016 on youtube " highaltitudeinvesting " side hobbies electrical engineering, computer aided drafting, guitar, piano, flstudio, banjo, uke, audio engineering .
This is my current wave count on Bitcoin
Can you spot the Buy signal of that ABC correction with support on the .382 & .618?
With 11.2k being broken above this adds even more confidence to our Gold and Bitcoin fractal comparison & also adds confidence in my Elliott wave count.
If you are one of my VIP members then you got this chart recently...
How do you know if you are emotionally attached on Bitcoin?
Have you ever wondered how to gauge personal emotion in the markets?
Would it be nice if you could check a meter on your emotion levels to stop yourself from making bad choices?
I asked myself how I would find a good gauge for this many times... and over the years I have learned the only thing you...
- Great volume profile
- Elliott wave showing potential reversal
- Functional platform with users
I am buying some now and will add if we dip lower..
So yes I think Steem will see a nice reversal in trend
Stay profitable out there.
As we all know Bitcoin has seen a very nice recovery off the 2018 lows! -
But now many are wondering how much of this upward movement can last..
Are you on the curiosity train? I know I am :D
Did you miss buying the dips at 3k?
I see this dip as a opportunity for...
1. Big picture market cycle
retraced over 80%
2. Falling wedge pattern & WXYXZ
Elliott wave correction
3. Bullish divergence
4. Volume is back
Bitcoin in the big picture is looking very nice! I would love to see some breakouts though to confirm the potential for upside.
We need to break above horizontal resistance and down trending resistance (of the...
The market cycle repeats and so will all that juicy profit we all miss.
EW impulse and correction
Volume picking back up
Pure fear in the media
Fell below the mean
Corrections don't last forever just like bull markets.
Get ready for a better economy with Crypto on our side.
There is hope folks don't give up now!
Big banks & whales love the .786 level.
- Volume = big money coming back
- Pure fear in the market
- Let us not forget the internet bubble
- Big picture moves
- Similar EW perspective
- Oversold conditions
Watching for a bounce off the .786 for a retest of the $6000 - $5,800 range
Then we watch for a bull break in wedge or further downside continuation
ABCD Falling wedge final wave starting to paint :)
Looks like we triggered some downside to the .786 fib!
lets take it all the way to $5,000 and get a flush new cycle off the .786
we could always trigger upside here also here is the ALT count for that .
Overall this is pretty heavy Resistance at $5,900 as support so we...