bitcoin8

bitcoin8 Updated 

Hi all, This is my view of BTC in longterm. Please scroll left and right and up and down to see my explanation on every wave. Note that we will not see this high before meeting new low. I have added my previous midterm view on bitcoin Opinions are welcome

bitcoin8 Updated 

Godmode indicator + gann starchart + stochrsi tells us it will retrace for approx 11 days. Retrace started 1 day ago.

bitcoin8 Updated 

TA says everything!

bitcoin8 Updated 

Institutional money waiting to enter the market. Accumulation phase?

bitcoin8 Updated 

As you can see, first starchart cycle about to end. (1st june 2018) New cycle start from there. In the starchart cycles you can see clearly Wyckoff accumulation. Lets see if this works out!

bitcoin8

Falling wedge, end wave 4 near.

bitcoin8 Updated 

According to my count, we just entered subwave 4 of wave 5. Subwave 4 made a flat ABDCE pattern and it just broke out of it. Fib extension of subwave 3 brings us to the .382 fib level with price around 8650, same as the end of the rising wedge. I have drawn 2 poles for the flag. Black one is measured from the point of breakout. Blue one is measured from the...

bitcoin8

My TA( weekly) on ETC Finished wave 1 and almost on the end of wave 2. I do not expect the local support line will be broken, but I do expect it will be retested once more before breakout. Classic flag pattern.

bitcoin8 Updated 

BTG moves for now quite independent from BCH and BTC. However, they are all related. When bitcoin got its upward move, BCH goes down. Whenever BCH moves up, BTC goes down. But what about BTG? What I assume is this: BCH will be 50% of BTC BTG will be 25% of BCH BTG will be 5% of BTC Remember: Forks are always priced in. At the moment of writing is BTG...

bitcoin8

When bitcoin got its upward move, BCH goes down. Whenever BCH moves up, BTC goes down. But what about BTG? What I assume is this: BCH will be 50% of BTC BTG -2.22% will be 25% of BCH BTG -2.22% will be 5% of BTC Remember: Forks are always priced in. At the moment of writing is BTG -2.22% 345 BCH 1450 BTC 6300 -0.84% total: 8K, target price of segwit...

bitcoin8

When bitcoin got its upward move, BCH goes down. Whenever BCH moves up, BTC goes down. But what about BTG? What I assume is this: BCH will be 50% of BTC BTG -2.22% will be 25% of BCH BTG -2.22% will be 5% of BTC Remember: Forks are always priced in. At the moment of writing is BTG -2.22% 345 BCH 1450 BTC 6300 -0.84% total: 8K, target price of segwit...

bitcoin8 Updated 

Roadmap 1H timeframe of BTC. Keypoints support: - 7k - 6.6k - 6.2k - 6k Keypoint resistance: - 7.4k - 7.8k

bitcoin8

Seeing the daily TF, zoomed out and applying the elliot wave count in here, I see a potential major correction coming up?? Since the parabolic rise this year, BTC did not retest the longterm support line. We have tested 1800 twice, 2450, 3000 but not the longterm support line ( varying 1300-1500) Personally I do not want to believe it nor I want this to be...

bitcoin8 Updated 

See my previous post. It is very likely it will drop. Shooting star on daily forming.

bitcoin8

Addition on my previous post

bitcoin8 Updated 

BTC seems it cannot break resistance. Will Inverse headshoulder justify the trendchange to new ATH??

bitcoin8 Updated 

Wave C is in progress, wave 4 coming of wave C. Expect small upward correction to 5.4K and then down.

bitcoin8

We all might spot the ascending triangle on 1h-4h charts. Daily candles look quite scary. It tells us trend reversal is due. Watch out for bulltrap. Daily tends to close lower. Opinions are welcome