Long

BTC - Paper or Diamond Hands? New ATH Incoming

Updated

Analysis:

- Fibonacci Retracement
- Order Block Analysis
- Support & Resistance
- Liquidity Points

Target 1: $70698

Target 2: $78307

Opinion:

Control your emotions!!!

If you sold your coins and/or lost faith in BTC then you have a lot to learn

Elon is not to blame as the sell off was already in the charts if you knew what to look for

This is the perfect buying opportunity!!!

BTC may drop even lower and guess what I will be doing? BUYING :)

I believe we will hit 100K before the end of summer

I have attached all my recent BTC charts

Note

Do NOT try to catch a falling knife!

Let price fall and bottom out THEN look for buys...

A level of interest for buying opportunities is around 43K

Note

My markups may look a little crazy at times before they play out but give it a few days :)

Note

Expecting a reversal looking for buys will update IF I get an entry signal :)

Note

Executed Long Position @ $39660

Note

OUCH! Woke up to SL hit good thing I only risked 2% :)

I hate to sound like the rest of the crazies but BTFD coin wise

Note

Look at that PIN sweet baby jesus

Note

Nice bounce right off my line and into the maze we go :)

Note

a retest is EXPECTED

we are going to EXPLODE tomorrow mark my words...

this will be a very BULLISH week for crypto just wait and see

everyone selling right now at the bottom will be kicking themselves very soon

Note

Once we are done with the pullback up we should do another drop

Note

IF we straight rise through that would be nice

But we may and key word is MAY drop back down after pulling up

I am prepared either way! You must be adaptable in trading which is why I also did my chart the way I did

I will do a follow up chart once this one plays more :)

Note

Executed Long @ $34177.56 Stop Loss $32532.07

Up Up & Away!!!

Note

Decision Time

My outlook has NOT changed

As we can see this chop has been drawn out way too long

I believe they will REVERSE hard and we will rise to approximately 50K

Then we will see if they have started a new bull cycle or will they push down one more time

Based off fib projections if they decide to drop after the pull up we will most likely hit at minimum and this will freak people out

The next level would be under 20K at about 18K which would be GREAT

You have to understand how the game is played guys...the rich and elite are buying these down moves

Do NOT give up your coins you will severely regret it

Note

If we clear this trend line we are going to push hard

again still hasn't shown me enough price action to say we aren't coming back

Note

major reversal incoming get ready bulls and sorry bears

Note

The reason I am confident we are bottoming out and going to reverse hard is because of something called "seasonal cycle"

If you knew what this was you would understand what the market is doing right now

I dont just make things up...there is a reason why most of my charts are HIGHLY accurate

I dont care how long it says ive been on TradingView I have been trading for YEARS and i have been doing chart projections for YEARS on a platform called MT4

So understand when I say things I speak from experience...The market doesn't do anything "new" its the same moves over and over agains

The problem occurs because people do NOT control their emotions

I laid out these moves days in advance and ive given specific levels

In the next few days i will be doing ANOTHER BTC chart that i will LINK to this one because this one is still going to play out

Once I have identified the bottom I will post a new chart but this one is still in play

25K is in play and so is $18-20k if you sell your coins at these levels you are playing this game WRONG

Crypto_Master100

Related publications

BTC - Bulls Lead The Way To New Aths

by Crypto_Master100

BTC - Where Is The Money?

by Crypto_Master100

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.