bshgeo

bshgeo

IT APPEARS BITCOIN HAS BOTTOMED AS THE 5TH WAVE OF C IS COMPLETED. UNLESS AT THIS POINT WE TAKE SOME EXTENDED CORRECTIVE PATTERN WHICH SEEM UNLIKELY GIVEN THE STRONG RESISTANCE SEEN AT 10,000.00. WE STILL HAVE CME FUTURES TO CLEAR ON FRIDAY SO CAUTION IS WARRANTED.

bshgeo

LABELS ADDED TO TRIANGLE SO EASIER TO FOLLOW PRICE PATTERN IF NOT FAMILIAR WITH WAVE CONCEPTS. GOOD LUCK.

bshgeo

BITCOIN IS IN A TRIANGLE AND VERY CLOSE TO BREAKING DOWN FURTHER IMHO. KEEP YOUR STOPS IN PLACE TO MINIMIZE LOSSES IF IN THIS TRADE. GOOD LUCK. OH, FUTURES ON CME EXPIRE FRIDAY THE 26TH. THEREAFTER THINGS SHOULD SETTLE DOWN. WATCH THIS 1OOOO LEVLE IT WILL GIVE US A TELL ON HOW STRONG UNDERLYING SUPPORT FOR BITCOIN.

bshgeo

BTC CONTINUES DECLINING AND NOW IT APPREARS UNLESS SOMETHING CHANGES IT MAY DESCEND BELOW 8700 OVER NEXT DAYS. CME FUTURES CLOSE ON THE 26TH SO EXPIRATION PASSING MAY SIGNAL THE END OF THIS DECLINE. KEEP STOPS IN PLACE AND USE IF ENTERING TO PROTECT ACCOUNTS. GOOD LUCK.

bshgeo

ENDING DIAGONAL PROGESSING. UPON COMPLETION NEW BULLISH TREND EXPECTED TO BEGIN.

bshgeo

BTCUSD HAS FORMED AN ENDING DIAGONAL I BELIEVE AND WILL DECLINE SOON TO THE 8700 LEVEL ONCE AGAIN BEFOER TURNING BULLISH. CME FUTURES EXPIRED ON JAN 26TH SO MARK THAT ON YOUR CHARTS. WE HAVE SEEN THE IMPACT CBOE FUTURES EXPIRATION HAD ON BTC. WILL THE CME CREATE MORE PRICE HAVOC AND FURTHER DECLINES? NO ONE KNOWS AT PRESENT BUT IT IS CERTAINLY A DATE TO KEEP AN...

bshgeo

BTC HAS DEVELOPED A BULLISH TONE HERE AND WHILE I EXPECT ANOTHER DROP CONFIRMING THE CORRECTION HAS ENDED IT MAY ALREADY BE COMPLETE. I AM HOPEFUL WE MOVE HIGHER HERE BUT WOULD HONESTLY PREFER ANOTHER CONFIRMATION OF 8700 BEFORE GOING HIGHER. I BELIEVE A FINAL LOW CONFIRMATION WOULD GIVE US A MUCH STRONGER BULL TREND THAN BREAKING OUT HERE. SEE CHART FOR MORE...

bshgeo

Goodmorning! BTC is moving upwards in count 4 of 5 corrective C wave down. expect failure of rally at max 12400.00 whereupon BTC is expected to turn sharply down to complete Wave C correction. Upon forming the expect coming low look for BTC to next start a new structure moving higher solidly. We will need to look for evidence supporting a trend reversal once...

bshgeo

sEE COMMENTS NOTED ON CHART. BTC IS IN AN EXTENDED DOWNTREND AND APPEARS READY TO MOVE LOWER BEFORE COMPLETING THIS CORRECTION. THERE ARE NO BULLISH INDICATORS SUBSTANTIAL ENOUGH TO SUGGEST STRONG ENOUGH TO OVERCOME DOWNWARD MOMENTUM. TRADE SAFE - USE PROTECTIVE STOPS. GOOD LUCK TO ALL.

bshgeo

Failed breakout expect decline.

bshgeo

BTC APPEARS TO HAVE FORMED AT THIS POINT A DESCENDING TRIANGLE AND IS LIKELY TO HAVE ENDED THE WORST OF THE CORRECTION UPON BREAKING OUT OF THE TRIANGLE. 8727 RANGE IS THE MOST LIKELY PRICE LEVEL FOR SUPPORT TO RESULT IN AN TREND REVERSAL.

bshgeo

BTC is in an ending diagonal pattern and calculated measured move of ABC correction suggests a likely bottom support level is in range of +/- 8727.99. I have used 50% of my tethered USDT entering a position in BTC at 9080.00. I set a stop loss sale order at 8699.00 to minimize losses if support at 8700 is broken and BTC continues decline toward the 6100 support...

bshgeo

BTC IS COUNTING LESSER WAVE #2 OF 5 DOWN TO COMPLETE THE LARGER "C" CORRECTIVE WAVE. EXPECT BTC TO ADVANCE TO OR NEAR THE UPPER TRIANGLE PRIOR TO RESUMING ITS CONTINUING CORRECTION. IF BTC FOLLOWS THE PROPOSED MOVES SAID LOOK FOR IT TO BREAK DOWN AT OR NEAR THE UPPER EDGE OF THE TRAINGLE IN A LONGER OR DEEPER CORRECTION OF THE 3RD. TECHNICAL ANALYSIS - BTC HAS...

bshgeo

SEE CHART FOR NOTES.

bshgeo

LTC IS IN 'B" WAVE EXPECTED TO EXTEND TO ~ $362.00 AFTER WHICH LOOK FOR LTC TO DECLINE TO $280.00 RANGE BEFORE ADVANCING AGAIN TO REACH $400.00+ RANGE. EXPECT LTC TO FIND ADDITIONAL VOLUME AS TRADERS MOVE INTO THE COIN TO ADVOID DELAYS IN ETH AND FEES/DELAYS IN BTC AS VOLUME INCREASES ACROSS THE CRYPTOS AS ADDITIONAL PROFESSIONAL AND RETAIL INVESTORS CONTINUE TO...

bshgeo

Bitcoin continues in an ABC zigzag structure as first discussed on Dec. 22, 2017 where a low of 11159.63 set and is expected to be re-tested as wave "C" bottoms. Expect a bottom of at least 11159.63 to be tested prior to this structure completing upon which look for BTC to again advance in 3 wave pattern. A likely re-test of the former 11159.63 low will likely...

bshgeo

Bitcoin is extending in Wave B in count as expected.

bshgeo

Extending up in 3rd wave of B.