So I have been saying this case for months.
Today I found this video on youtube while looking for bearish cases. It seems really close/nearly the same as my scenario however due to the reason that I used his analysis I want to give him credit. I haven't watched any other videos of him yet (but definitely...
Bitcoin has to do it's consolidation whether it is entering the bull market or have one last chaotic drop.
A pull back to 4500 is inevitable.
Really nice risk to reward.
I see everyone has turned absolutely bullish on the social media and tradingview. I even checked if the ultimate bears of the 2018 has turned or not. I see there are only 2-3 oldies who has not...
I think this is a bull trap.
Bitcoin has the option to go all the way up to 5600 but still I won't be convinced. I need to see bitcoin above 6000 for a while to turn my attitude bullish.
This going to be the first and the last huge bull trap we will be seeing in 2019.
Okay, so I have been waiting for this day since January.
I was about to loose hope about 5k's but bitcoin made it's choice and pumped super hard.
Let's check the market:
- Volume? No new volume has entered the market. It is still me and the bots.
- Altcoins? Let's see what happened. So btc had a 10 percentage pump. However the alts are sitting there loosing...
I am super bored.
If you wanna go up please do it ASAP dear ethereum.
I am sick of waiting for whatever bull or bear move.
Break below 123 will turn me more bearish.
Target 178 - 187 usd.
Can it move above 200 usd and turn super bullish? Why not... But I dont think so.
The volume sucks and there are no new entries to the market. It is only me...
And yess we are at the end.
It is time for my SUPER GREEDY EOS TRADE.
I have been expecting this since EOS was 2 usd.
A break ABOVE 4.6 will confirm my bullish scenario, if it cannot break 4.6, I will be SUPER BEARISH.
I hate longing EOS so I will be waiting for my SUPER GREEDY EOS trade targets to short.
Short enter around 5.5 - will ladder around...
I thought that I stopped being objective so I cleared all the waves and had a fresh start.
First of all, when we consider the 2014-2016 bear market we can definitely see a complex WXYXZ correction, that is for sure.
Then I told myself that if the first correction is complex, the other should be simple.
So I think 2018-2019 bear market can be a...
Even though I prefer the previous elliott wave I have counted, this option is also on the table.
I know that the target range is a little bit much.
Above 75 USD this Elliott count is invalid!
Target is still under 20 bucks.
Great trades !
This is only an approach to all time bitcoin elliott waves.
I am still not sure if 20k usd is the 3rd wave top or the 5th wave top.
What are your thoughts? Would really like to hear other opinions.
I thought like 3 halvings will finish the first major elliott impulse wave.
Here is my potential bearish count.
After the drop we will face a huggeeee boring period of consolidation... Don't give up guys! We will see another bull season (not yet :) )
Still thinking that 2600 will hold.
Sorry I was a little bit late to post this one, just took a power nap :)
Hello everyone again.
My bullish scenario still stands, however I started loosing hope about reaching 5k's. But still it is possible.
This is case 1: IF BITCOIN STAYS above 3750 (on bitfinex) our bull case is still valid.
Falling below 3750 will turn the Case 2 ON.
3750 is my bull STOP.
I will not be greedy and get out at 4500 if we turn bullish...
XLM is trying so hard to go up.
For the bullish sentiment it has to go above 0.21
Below that price 0.04 - 0.05 interval is my bearish count.
Ugly Waves All Around
Dont forget using STOP LOSS!!!
PS: XLM DOES NOT HAVE TO GO UP TO 0.21 FOR THE 0.04 RETRACEMENT, IT CAN DIRECTLY FALL TO 0.04 FROM THE CURRENT PRICE DEPENDING ON BITCOIN ACTIONS
ETH 30-50 USD target is still valid, if this scenario continues I will be selling my kidney and getting myself tons of ETH at that price. Then I will watch Netflix for 2 years long and will sell my ETHs when and if they hit 2000 USDs.
Even though I am super bearish about the market, the bull can happen any time too.
Bull Scenario: ETH goes above 220 USD and...
I have been trying to compare BTC chart to other stocks for the last couple of days.
As far as I have seen it is not likely for BTC to go below 1000 USD, however when it comes to a market as manipulative as BTC we know that everything is possible. If we go below 1000 USD, which again I think is not likely, the bear market can expand more than we expect.
STOP LOSS IS CRUCIAL. I dont know any risk management books or seminars or quotes or other inspirational stuff, all I know is that you always NEED TO set your stop loss!!!! if you dont want to set a stop loss order, set it in you MIND!!!!
I am sick of these wxyxz and abc stuff.
I wish I had entered the market when all the charts were full of...
Hey everyone, I think I am obsessed with this candle copy paste tool, I have been copying and pasting candles all around, not just with the cryptocurrencies but also with silver gold bla bla...
So this is my last candle copy paste I promise.
I also tried to figure out the wall street cheat sheet. It is a lovely chart.
The thing is, everything was beautiful with...
ETH has entered my previous target box. YEAYYY! PARTEEEYY!
AND YES I ENTERED THIS TRADE!
I decided to ladder my sells from 178 USD TO 214 USD.
If ETH falls to 150s before rising, I can consider selling my lovely ETHs at that price :(
From there I will stay away and watch if the market will turn bullish or not.
I think it is really really risky to believe that...