Let's start with going to 8k first, this wedge is possibly a wave 1 of the green C. This would mean we get 345 up after breaking down the wedge(2) , i'll share this scenario under this.
Questions and comments are always welcome
My prayers go out to all bears who got rekt by this short squeeze including myself.
There is no one to blame except yourself, this was all in the charts as you can see, it formed a clear ABCDE preparing for a next wave up. The only reason why the move was so extended was because almost everyone magically missed this and got stopped out on the way up. Even the...
I'm back brothers and sisters. If you got the clue in my previous idea, you would have known the target of 6666. After going over the btc chart 6666 times, I found what's in my opinion most likely to happen. It looks like everything lines up. Especially when a lot of 'specialist' are predicting a W- bottom followed by a moonshot. Yeahhh right, it will be funny how...
We did it again! Last night's Lambo and Ferrari are already ordered! So what's next? Are we happy with 2 cars? Let's get a few others today.
I already made this prediction in my last 2 posts but wanted to do a little more detailed one for this last wave.
You can see the pathway this last wave 5 will take before making a 'bigger' correction to the upside (targets...
We pretty much nailed our BTC targets and made somme nice profits when most people were panicing. Now, we'll do the opposite and short this baby. The current subwave could be extended but i'm leaving it with a truncated 5th because of the resistance we're at.
I will update this post with targets when wave 5 begins.
Stop loss at 8852
Questions and comments...
This last day was a nightmare for bitcoin, but no problem for us since we were prepared and excpecting this situation!
I believe the bottom is in for this 3rd wave because:
- 1.618 extenstion of wave 1.
- I'm seeing an ending diagonal inside the 5th wave of 3.
We need to break 8k to start a short term bull run.
Wave 4 Targets are:
Is this rising wedge finally coming to it's end?
A truncated 5th wave diagonal is a very bad sign for bulls.
As mentioned in my previous post, my wave 5 could have been a 3 as it looks like. Possible to see 1 more bounce to complete 5th wave.
I also slightly changed my first target.
Comments are always welcome.
First of all thanks to @balocik for insight into this rising wedge (ending diagonal).
Inside this diagonal, my wave 5 could also be a wave 3 only and we have a bit more to go. I will short this when I see it breaking the wedge. Conservative target 10k.
This whole 1-2-3-4-5 since 6000 could also be an ABC, that's part of some larger degree corrective wave.
This looks very clear to me, and i don't need complicated charts to explain.It's hard to tell where this first wave will bounce (could be when market opens in a few hours but I highly doubt it) , so I will personally enter a play when wave 2 of C ends and 3 starts.
Entering a short around 25k with stop loss @26 and targetting 23k (or lower) would look like a very...
This looks like we're about to break up or down, the closer we get to the apex. Personally I will wait to see if it breaks up, in which case I will enter a trade and target a quick 6-7% gain with my stop loss at 3%. This gives a pretty nice risk/reward ratio and it's a trade I would always take.
If it breaks down, I would usually short it with same targets but I...
After touching the trendline formed since 1929!!! algo's started a mysterious sell off. IMO, we are about to see some big things happen the next coming years. Biggest ressession since 1929 about to come (AGAIN: IMO)
Always be prepared and sell when everyone is blind and bullish!!!
Comments are very welcome
TRON has had it's rest, possible gains could be huge! We are now on a critical point, We need a daily close above 450 to finally BOOM again. When breakout happens, I will update with targets.
Any comments are welcome