Get started
Bitcoin
Long

BTC-BREAKOUT IMMINENT-STRONG BUY

By FibMarketWatch
Updated
BTCUSD
BINANCE:BCHABCUSDTBINANCE:BCHSVUSDTBCHUSD

BTCUSD is on the verge of breaking out.

With the Hash War quitting down, I'm changing BTC from a HODL/Accumulate to a STRONG BUY.

I expect the move to begin in the next 6-12 hours.

Near-Term Target (24HR): $6,300

snapshot

snapshot

snapshot

Indicators:
snapshot

Will update.

-AB





Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
Note all the DEMA MA converging...

9
21
33

100
200
300
Comment
snapshot
Comment
snapshot
Comment
24 Hour timeline almost up....
Comment
snapshot
Comment
Only have 3 hours left...
Comment
snapshot
Comment
snapshot
Comment
Rally should be beginning...
Comment
Wave is a leading giagonal incase you were wondering how it can violate wave laws.
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
Breakout is getting close...
Comment
Broke out of Leading Diagonal...
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
Breakout should be in the next hour or so...
Comment
Had a complex correction...

snapshot
Comment
Still expecting a breakout...
Comment
snapshot
Comment
Updated Wave Count

snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
We had wave failure...

Most likely because of the hash war...

Idiots...
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
If that yellow trend line fails then I will start to get nervous...
Comment
snapshot
Comment
snapshot
Comment
Yellow trend line held...

BTC should be ok...
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
BTC needs to breakout here...
Comment
snapshot
Comment
Needs to get to around 4200
Comment
snapshot
Comment
snapshot
Comment
Still bullish on BTC...

Trend Line still stands...
Comment
snapshot
Comment
snapshot
Comment
Whenever BCHABC stops manipulating hash will be when BTC recovers...
Comment
Most likely their (ABC) emotions have gotten the best of them and their logical common sense thinking skills are lost.
Comment
snapshot
Comment
snapshot
Comment
BTC held trend and the breakout is now occurring...
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
Primary Wave Complete

Now, Primary correction...

Target - $3750
Comment
snapshot
Comment
snapshot
Comment
$3750 target hit...

Now, to move higher...
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
snapshot
Comment
BTC still looks ok...
Comment
snapshot
Comment
snapshot
Comment
BTC is working on breaking out...

Key level is $3,400

If $3,400 breaks then expect and extending 3rd Wave....
Comment
snapshot
Comment
Getting closer to $3,400...
Bitcoin (Cryptocurrency)BTCChart PatternsElliott WaveelliotwavesanalysisTechnical IndicatorsLONGtradeWave Analysis
FibMarketWatch

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.