Short

The post halving dump and pump [EW Analysis inside]

Updated

If anyone knows SuperJohn from Bitmex- ask him to contact me, would you?
Thanks :^)

This is my non-redacted, personal trading chart.
This chart and the below 2020 HS one have all the most important levels for medium and longer term.
Let's dive into why I believe we are about to have another major capitulation event.
These analysis will be in chronological order, so make sure to at least read the TLDR at the bottom.
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Bitcoin has had a very dramatic series of lower highs and lower lows since the $13,880 high.
Notice how these moves since the Feb high have been extremely powerful and lightning fast?
<deleted>

Currently, Bitcoin is technically on its 3rd breakout attempt from the trend line:

No matter which way you draw the trend line, this is a technical breakout.
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2D time frame. This candle opened yesterday.

RSI is showing something a bit concerning here.
Where the bull flag took place around 9k, the RSI was sitting much higher with lower price than what it is now. The RSI has lost significant momentum but at a much higher price. This is strong bearish divergence.
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3D time frame. This candle opened yesterday.

RSI is above 60, but is showing multiple divergences, especially from the close yesterday.
We have a small hidden bearish divergence starting from the first green candle after the high in Feb. Price closed higher in Feb than it did on the most recent candles, yet the RSI is significantly higher. There was also a very high volume bearish engulfing candle from May 9th which pushed the RSI down below 60 territory, but was quickly bought up and closed back above 60 from people buying the dip.
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Let's check the weekly, which also opened yesterday.

Here, we have been seeing very strong volumes since the dump to 6.4k in late November 2019.
Notice where the RSI is sitting. We are testing 60 RSI for the second time since the $10,500 high in Feb. of 2020.

There is a bit of divergence in the CMF indicator from Sep. 2nd, 2019. Much higher money flow on the Feb. pump to $10,500 than there was on Sep. 2nd, 2019 when the price was sitting higher. Price closed in Feb. not much lower than the peak of Sep. 2nd so this divergence isn't overly concerning.

It is of my opinion that the weekly doesn't really look weak.
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And now, the monthly.

Since September of last year, Bitcoin has tested 60 RSI multiple times on the monthly.
It has been rejected and produced fairly large wicks on every occasion.
Not only has 60 RSI been rejected multiple times, but we also have bearish divergence spanning for over 3 months now. Since October of 2019, Bitcoin has produced higher price candles while the RSI has produced lower highs. This is EXTREMELY strong bearish divergence. Unless the RSI can close above the October 2019 peak on this monthly candle, this will be the 2nd divergence in a row. Price would need to have a strong boost upwards, likely well above $10,500 in order to invalidate this divergence.

This does not look good and is my second to most important reasoning for why I believe we are either about to have a new low below 3.1k, or at minimum a double bottom at around 3.2k, forming yet another lower low below the March 12th dump.
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Time for the "Pièce de ré·sis·tance" - aka the cream of the crop.
Elliott Wave Theory is a very speculative price prediction 'tool' that some of the best traders in the world use to predict future waves in assets worldwide.
If you take the time to learn basic Elliott Wave Theory, and then check any market known to man, you will quickly find that it is the main basis that moves markets. The one big problem with Elliott Wave Theory is that it can always be invalidated or manipulated. Or you can be very, very certain of a 'count', but then someone with a large ego and deep pockets changes that count into something else entirely.

HOWEVER.
There are a lot of interesting concepts to this theory. During certain waves, price will react much differently than others. For example, the third wave in EWT is always the most violent, yet never the shortest wave of the impulsive 5 wave structure. It typically produces very fast, very violent moves. The third wave is always the one you want to try to catch as it is always the most profitable/safe.
Corrective B waves in EWT act like 3rd waves. They are often very violent but unlike wave 3's are very short lived.

For the past few months I have been trying to figure out which wave Bitcoin is in on the medium term. It is of my opinion that Bitcoin 'permanently' topped out at the 20k ATH and completed a 5 wave structure. If that is true, we are now in the very beginning stages of a global corrective ABC with many 5 wave structures inside it. With my own experience and knowledge, I have deduced that we are in a global bullish 2nd wave of a giant bearish "A" wave since the wave 1 dump to 3.1k. Price action has been incredibly violent as of late, absolutely nothing like 2018 was. This is very indicative of a different market cycle for BTC.

If you look at the chart, I have laid out a pretty specific count. From the 13.8k high, Bitcoin seems to have produced a series of ABC waves, which can all be verified almost to the dollar by Fibonacci retracements. It is of my opinion that Bitcoin is in the very ending stages of a micro bearish 3-3-5 correction from the high. IF this count is accurate, it would mean we will break the low that was set in the "Corona Virus" selloff panic that ensued in March. It also means this next low will be the last low before the 13.8k high in June of 2019 breaks. It is also quite probably your very last opportunity to get top dollar for your Bitcoin for many, many years.

Above the 3-3-5 correction Bitcoin is possibly in comes another much more powerful count: a 5-3-5 bullish correction. If we are in a 5-3-5 bullish correction, then it is entirely possible we can correct as high as a double top at ATH. How high Bitcoin rises will all depend on how far down we soon dump if indeed my analysis is correct. I strongly suspect $3.2 will be the demand zone, and 17k to be the final high. Within the next few years thereafter, I believe Bitcoin will be on its way to triple digits.
MAXIMUM PAIN.

TLDR: Bitcoin is in a 3-3-5 correction from 13.8k. Both of the ABC waves have completed, thus leaving the 5 wave structure to finalize a longer term bottom. The RSI on the daily is showing hidden bearish divergence. The RSI on the monthly is showing strong regular bearish divergence. The weekly still has room to run upwards, and Bitcoin seems to have formed a bull flag directly under resistance at $9,800. ALL time frames below the daily are showing bearish divergence. Fib retracements are showing $10,073 as what should be our final high. If not, 11k/11.2k ish is next.

TLDR TLDR2:
I have had suspicions for the past few months that Bitcoin has actually already begun global wave 3 downwards. It is very possible that the drop to 3.6k was the very first wave of said global wave 3.
In late 2018 it took Bitcoin 38 days to drop 52%. In March, it took Bitcoin less than 20 hours to drop 51%. This is VERY indicative of a wave 3 but could also just be a "B" wave. The only hope we have at this point is that this has just been a very extended B wave from the 13.8k high. The problem with that theory is B waves are almost always very short in duration.

Depending on if the $10,074 high holds or not, we may actually break below 3.1k to around $2,964. Fibonacci extension shows that price point to hold should 3.1k break. If 3.1k breaks even with a wick, ESPECIALLY with high volume, global wave 3 has in my opinion begun.
At that point, see you at around $210/$320.

Good luck and happy trades!

Note

I have made a potentially life changing discovery.

An interesting thought just occurred to me, now that I'm digging more into Elliott Wave analysis.
During the massive rally that ensued in 2019- I was and have been extremely suspect of the Bitstamp dump that occurred on May 16th/17th. Price went from around 7.8k to 6.4k in a matter of two hours.

Originally when I didn't know as much about EWT as I do now, I thought that was like a B wave or something. Now that I'm looking back on it with curiosity, I realized something. The same correction I have printed on the above idea is the same correction that very likely completed and is the cause of that massive rally to 14k.

On this idea:

I stated the following:
"ALSO, keep in mind that around ~$4,800 will be completion of the primary C wave since bottom.
If we are able to surpass $4,800 with force I would be willing to place a sizeable bet says we COULD be at 8k/10k/ a LOT sooner than people were expecting. (Which, ironically, is the entire point.)
Though, another lower low is possible later during the year and to be honest I'm PRAYING FOR IT. ($2,100 btw. IF.)"

Around $4,800 *will* be completion of 'the primary' C wave since bottom. Note I had no idea what 'primary' meant other than the fact that it would be a very large price movement. So this got me even more curious about that price point.

I am now looking back on the PA at the time, and have made a very .. interesting discovery.
Take a look at this:

According to Fibonacci and the actual EWT sequence, this entire sequence can technically make an "A" wave. Remember in this analysis how I said "B" waves are typically extremely short lived and violent?

EUREKA!

"B" WAVE!

Zoomed out?

3..
3..
5!

The reason I am positive this is valid?
THE BITSTAMP DUMP.

Wanna know how I know we aren't going to a new ATH?

The bitstamp dump was an 'attempt' at forming an ABC from the impulsive 5 wave structure that broke to the upside after the ABC completed at around 5.6k. INSTEAD, someone with deep pockets changed the count:

The arrows you see are where whales took profit attempting to form the 4th wave.
Instead, the 4th wave was pushed up to 9k, then a final 5 wave series for the 5th subwave to 14k.

And voila,
GLOBAL WAVE 3 HAS BEGUN.

3.1k will not break first try. More than likely, there will be a fat bounce from there to around 8k/9k so people can scream vegeta memes, it's over 9,000, last chance to buy under 10k!!! (again, for the 1,337,420th time.)

This will take a long time and the bounces will be so incredibly violent and fast.
At some point within the next year though, if this was indeed a 3-3-5 from 3.1k, at SOME POINT, there will be a literal vertical line south that makes March 12th look like ...

well, child's play.
See you in teh dirt, fam.

Note

BTW.

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wait.

11.7k* not 9k or 10k.
we gotta climb back up to say fug you to the CME boys before we drop off a cliff.
see you there.

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You are the MASTER BUILDER they said.
Be BRAVE, they said.
BUILD, they said.

Why build on TOP of the mountain when you can build inside and AROUND IT, they said?

Price action has been VIOLENT lately. WHY!?
Now I may KNOW why.
But this also means a multitude of other different things.

Firstly, CoronaVirus might end just like I said it would around July.
Secondly, there is about to be a black swan, unless someone is brave enough to change the current possible count into the 3-3-5 I have outlined in the original published idea. Considering how violent the bounces have been, especially the one from mid 3k's, I'm doubting someone has a big enough stack to do it.
Third, this could mean I am facing some serious consequences for releasing this information, IF INDEED we are in a global 3rd wave.
Fourth, my life has been hell ever since I started in this market. There are some very powerful people that don't want peons like me making it here.
Fifth, are you ready for Trumpski to thank your supports?
Sixth, 1-2. Am I dead or am I DEAD?
Seventh, and last but not least..

Are you ready?

If someone has a big enough stack and throws their weight around, 3.1k will hold and we will indeed 5-3-5 to above 14k. As I said, the one major negative factor of EWT is that the count can always change if someone has deep enough pockets.

If someone with a much bigger stack decides the count I just outlined is correct, we're going to wick PAST 3.1k on extremely high volume, but we should close well above 3.2k. Then proceed to have a violently fast and strong bounce upwards to probably 11.7k. The drop below 3.1k would finish the first subwave of global wave 3, the bounce to ~11.7k or so to kiss the CME boys goodbye would be the correction of that wave.

And then?
goodbye.

Note

Oh yeah, I forgot the 8th and most important point.

Maxi's are about to have a rude awakening.
See you when alts make 2017 look like a speedbump.

:-)

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have no fear, the professional idiot is here!

So much stuff just clicked.
fml

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Last but not least.
Remember back at 3.1k, we had epic wicking?
We were forming a launchpad upwards.

Now suddenly we have epic wicking again?
We drop -52% in 38 days in 2018 but drop over 50% in 20 hours on March 12th?

do the math.

I'm done for today.

When 3-3-3 hits again...it'll be April 2nd, 2019 all over again but in reverse.
The volumes, man... oh my. I can't wait to see how high they are lmfao.

My name is MC_Peewee
but you can call me teh Salesman.

-MC
OUT.

Note

am not done for today, ffs.

kek

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smell ya later, nerd

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Okay, now I'm done.

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tbh, I really hate that this is holding so well atm.
shorts are filling, I'm sure of that.

I also know for an absolute fact that this market likes to nuke them before it really moves.

The question is are they professionals or retail?

Note

A 2020 Special: Battle of the Head + Shoulders + LTTL

"This chart and the below 2020 HS one have all the most important levels for medium and longer term."

That moment when you don't link the main reason people shoudl listen to you?
oops.

Note

Numerology- look into it.
We either straight dildo so hard tomorrow that John McAfee will not only be right, but be sniffing cocaine off NEW hookers, or ..

well, see you at 11.7k so I can sell you my non existent bags, that's how bad I want to get rid of 'em.

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you have been WARNED.

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Random thought-

I remember the message, but can't remember the name.

Some stupidly wise person once told me.
He goes

Whales don't even do their own TA. They find someone elses and make it come true because it looks good.

Something to that extent, anyway.
I can't stop. It's an addiction. Losing money and being wright on my wrong analysis .. it's an addiction. I confess to the fact that I'm a gambling addict.

Wouldn't you, though? If you KNEW deep in your heart you knew something that very, very, very, very few people in this world know? Less than 1% of people, and it could make you *dr evil pinky* MILLIONS!?

HELLO!?
NANO< HELLO!?

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especially if, like Blackjack, you could count cards?

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A private message from someone just reminded me of something:

This is only my opinion. There's a lot of ego in this space that are not only ready to make me wrong, but want to.
There's a very, very, very high chance that this thing breaks and has a dildo upwards, I won't deny that. If I were you, I'd long a breakout but only after a high volume dump past 'an important trendline.' with a stop below a certain fib.

That said, I am an amateur. I am not a professional. The people who make these moves happen are billionaires working on trillionaires. ANYTHING CAN CHANGE at ANY moment. Elliott Wave Theory is just that - a theory.

If it breaks with volume upwards, and holds support, the obvious choice is to long. Just make sure you're ready to take profit fast, because if this does nuke shorts upwards first, it will probably be one very quick high volume pump that will get sold into immediately.

Note

I think we damp. According to short term PA, we're close to a decision:

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Please keep in mind, there is a more than decent chance that we have already bottomed out.

I would look to the .618 fib of this current upswing since bottom for at minimum a bounce. It is possible that we are already beginning the next 5 waves upwards if Bitcoin is on its way to breaking - but that will not come without a sizeable dump downwards first.

I would say 6.9k or so should hold, if we have already begun the next series upwards. Otherwise, 5.6k, 4.2k, and ultimately 3.1k must hold.

Note

We will have a decision within the next daily candle.

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Ruh Rohan, Raggie.
As said in my March idea pre dump, unless someone is feeling like a hero..

RIP
Bear pennant again? 🤔

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Roh*

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25 kills in a row might be right around the corner.

Careful here bois

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Bye felicia

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8h closes soon. 6h is showing a bear pennant with a really really long pole. In my opinion support is GOING to be tested within the next 8 hours. Currently price is ranging in a bull flag. The support of this bull flag is 8.6k. On this time frame 50 rsi is being rejected. The only hope at this point is 40 rsi or $,8.6k.

Technically, any dump here would cause fairly significant hidden bullish divergence so my bet is if 40 rsi breaks this thing is going DEEP oversold.

However. If support holds here or at 8.6k there will very likely be a retest of 9.8k+.

Tread lightly. 8h 50 rsi rejection and clear bear pennant on the 6h. Price is matching rsi and in Bitcoin that usually signals a very large move being imminent.

Note

I'd be willing to bet if you check what just happened on Bitmex, someone just filled a *stupid* fat short.

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Yup.

As I was saying, BYE FALICIA.
My Grandpa used to have a pretty famous saying in my family...

"Not bad for a hair lip."

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Bring em out bring em out

Nite nite, world.
TT I'll respond to you tomorrow when I've got a clear brain.

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Wait for it ...

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And bingo was his name O

Thanks I hate it

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K now I'm going to sleep.

Lmfao

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Tread lightly with longs here.
Thus support breaks and it could get baaahddd

-MC OUT

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The split second 9100 breaks with volume and ..

Well, you were warned.
Gl boys and gals. Sleep tight
Gonna be counting all the sheep tonight

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Wont you take me to
keksi town
Wont you take me to
keksi town
Wont you take me to

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Might have another cliff jumper here bois

Btc on suicide watch

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Stamps?
Uncle Sam?
Bruhnowailmao

The FEDZ? DOUBT IT.

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Better go shirt and fast.
Dont shirt the fed in stocks and
Dont long the fed in bee tee see

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Autocorrect is so annoying.
Trump stap it

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I originally said 8.6k.
Now I'm doubting it with how hard the RSI can drop.
Maybe the skid marks left in my tighty whiteys was good luck after all. 😮

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Welp.
Any volume here and we tactical dawg.

This makes me sad.

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Spit me out of the machine with as much quickness as a corona loogie

Or I'll find you.
Trump?

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Your call.

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You always hint at me!
F8NGER IT OUT

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so ..

about that short

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which way do we fuckin go, george?

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Reaso to figure out where the lies come from?

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Ready*

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Your*

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Know how I said shIrt right?
Get ready to close it and open a long. Cause if this long diesnt moon to 10.5 plus, well, you're statute of limitations sorry.

IF however you're smart enough to realize what's happening and have a tight enough stop, 9.1 or bust. But the rr here for a short is stupid.

Imo.

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That's all folks, unless we break 8k at which point 7.3k skid steer if your only hope. Past that, may God have mercy on the stupid ass bulls souls..

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Last update I'll make.

My coinbase account is closed but I still got ROBinHOOD
So..I'm gonna long her on half of what of what I got. That's it

Zero or hero

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Ma's wont hold if there is enough volume here.

So, at 8866 on Robinhood due to a glitch, I'll be long..let's see who wants to make me wrong and how wrong they'll be. .

Dont fuck with the master builder cause I'll just DCA the rest of my account until I'm in profit 😂

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Take profit where you feel comfortable but I cant have a stip cause robinhood is bass ackwards.

May God have mercy on my soul..

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Stop

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Fyi last update.

Depending on PA I'm targeting $9,250. If we stop directly below without volume and bull flag I'll hold.

Half my account is sitting in a limit for 8866.
Let's see if I can build a new high.

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for the record, as soon as i wash my hands from eating memories of my ex, my RObINhood order will be canceled.

i need sleep cause i gotta make sure i make my appt tomorrow.
may not get another update from me for a whiiile unless i see something that i feel is virtually guaranteed.

gl bois and gals.
and btw.
dont dig too deep in this market or they will destroy your brain to the point where you will start to believe your own animal is literally a robot

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nite nite n977a

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I am wetter than Niagara Falls and I dont even have a vagina. Physically speaking, of course..

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Anybody got any paint?

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Take note of the June top candle, versus the one we have now ..

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June's candle wasn't even an inside bar

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but, because ego gonna ego, watch $8,866 hold and then pump all the way up to 12.3k just to spite me xd

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Robinhood needs better liquidity and the ability to use stop losses for Crypto but I just put about 5% of my RH capital in a market mash at an average buy of $8,771.

Targeting $9,311.

This is stupidly strong support, it wont break first try. It shouldn't, anyway. Cause if it does, see you at $2,964.

Note

$9,352 and $9,489 are strong TP targets as well.
This may end up becoming an ascending triangle as well with a target of 12.3k. That would not at all surprise me.

If support breaks, may God have mercy on our souls.

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A sudden BURST OF VOLUME on Bitmex!
On the MICRO!

HMM, wonder what that means?

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Meanwhile, let's have some FUN ye?

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Ps. A secret I really dont want to admit to myself?
This looks like a giant flag if I've ever seen one.

Like I said, Elliott Wave is hindsight theory. BUT, it does give you amazing buy in points. =!

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New weekly but it closed directly at support.
So the chances of this are 50 50.
We will SEE

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Experience and current PA tells me we are going a bit further down but not much.

I have an order set for $8,566, which is what I'd say is secondary support. There are also a combination of MA's in this area. It is also where there was a major rally from the daily on a candle close. I let go of 75% of my buy in the lower $8,700 regions and I'm gonna try to snipe a micro bullish div.

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$8,530.
Gonna try to snipe a buy on Robinhood spot on the c day MA.

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and THAT'S my FINAL ANSWA.

see you there.

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My original snipe idea was pretty much correct.
I forget about Fib's sometimes.
We're going to keep $8,530, especially considering it was my initial intuition.

Past that, we're looking at ~$8,222 and $7,964.
I really think bulls need a higher low here so I don't see $8,222 especially with where the RSI is sitting, but I do see that original $8,530 I had from my own personal support + resistance.

$8,530 it is and that's my for real final answer.
Too bad RH doesn't have stops. fuug.

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time to make some BBQ chicken lads

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For reference, I have 12.14% of my capital waiting at $8,530.
I'm pretty fuggin positive on this one especially considering it was my initial gut instinct.

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I dont do limits very often...

😐

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Hmm.

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Out of a $247 RH account I got $30 at $8,530 and $15 at $8,230. Am I doen it right?

Like I said limits aren't my thing 😐

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Y'all aren't brazen. You hide behind volumes because profit is most important.

I wouldn't do that.

I've always said that someday if I make it that far, EW be damned, I'm gonna market wide pamp Bitcoin with a 100m- market buy. I dont want to hide anymore from who I truly am..

Why are you?

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I'd do it after I showed some noob why his [incorrect], analysis could not him a lot of money.

Owait-

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Fucking a I cant even type. Damn alcohol.

I'd do the market buy after some noob showed me his analysis and why [it is definitely wrong, but] it is most definitely right.

I want to thank you all but I hate you instead. Maybe someday I'll do it the right way unlike you and make that noibs dreams come true.

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Stahp

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It diesnt matter what I do, I'll never forget what the StreamDoctor said.

I'm gonna make it some day. And on that day some noob is gonna feel the power of the OneCandleWhale.

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The food is looking good, unlike me 😂

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ibb.co/sJc2hJv

I'd be the one that would single handedly take us to 123k, just to make that little noibs dream come true. But only if he discovered the power of Fib...lol

Market buy of BTC .. imagine.

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No stops. You know where I'm at.

I'm gonna now enjoy the gift that God gave me, food. If I see anything pertinent in between times I'll let you know. Even though I know over half the people watching this Fred are whales !,!

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Been so tempted to do a fred on Tether, walls being pulled, "bullish divergence" and more.

Why shouldn't i?
The good deserves to know..

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Hood*

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Night y'all.

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Maybe you'd like to see the finished product rather than Soy Sauce all over my shirt?

...

ibb.co/GtmkDqP

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Apparently the pork is slightly undercooked.

Damnit.

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Mans dont know how to trade but he sure as fuck knows how to cook.

...there's gonna be a lot of female billionaires born within a few years if I actually make it

According to autocorrect, within a year. =0

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DENT was the asset that one of the closest people I've ever had screwed up.
If I have my way, it will be the, or within the top3 biggest performers of all time, at least when it comes to Crypto.

There's a reason for it.

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At this point in time, you are literally braindead if you aren't willing to buy:

1) An asset that has hit 98.7% down:

OR:
An asset that has hit 99.8% down and has arguably a way brighter future than the asset above:

Do you even realize how much money a 505.6x is?
JUST to RETURN to ATH, DENT requires a 505.6x return.
That's not even including if DENT BREAKS ATH.

Fibs.
1.618 is usually the go-to for a 3rd and extended wave above previous resistance. Shall DENT has a 1.618 above ATH, you're looking at
1.618 * 505.6=
...
818.0608.

$1 now = in the future $818.
According to Google, current rate of inflation is ~2.3%.
This means that to beat inflation and the horrid percentage banks are giving you to put your money in their institution, you must make $0.23 per dollar you save. 23 CENTS. In the United States Stock Market, as a low-risk investor, you're looking at roughly 5% to, IF YOU HAVE AN ABSOLUTE GOD for a financial advisor, 10% per year.

You got a million dollars.
10% of a million dollars is 100k.
2.3% of $1,000,000 is $23,000.
To beat JUST inflation, you must make $23,000 per year in the stock market.
To make a PROFIT, you must make ABOVE $23,000 per year in the stock market.

I've made 20x my account in 7 hours before in BTC.
That's ... DAYTRADING.

Imagine an asset that is 95%+ down. Imagine that asset *only* reaching 10% of its all time high and then outright dying.
For dent, if it were to reach 10% of its all time high, that would be:

Say it takes .. hmm. Say DENT takes TEN YEARS, 10. 10. 10. TEN FUCKIN YEARS to reach 10 PERCENT of its all time high.
ten years, ten percent.
4,966%/10 = 496.6%.
496.6% = 4.96x your money.

Lets divide that by 10, because we're trying to beat the stock market, right? What do you get, IN ONE YEAR, in DENT versus the stock market?
49.66%.

So, in one year in DENT, you can make 49.66% IF DENT ONLY makes it to 10% of its ATH.
In the stock market? You're lucky to make 10% in a year and that's if you have a GOD doing the trading for you.

DENT makes you 4.966 times more money than you would make in the stock market, in a year.
and, that's IF DENT only makes it to 10% of its all time high.
Say it *only* reaches its all time high again.
just .. only.

4.966*10=
You just made 49x more money in one year in Crypto, than the Stock Market.

time to play some more vidya games. l8r all

Note

Yet again I will reiterate.

*when* DENT surpasses its all time high, you're looking at an 818x return on investment, IF DENT only hits the 1.618. A lot of times when it comes to time frames like these, you're looking at a 3.618 extension because the 3rd wave is almost guaranteed to extend.

Minimum 1.618 extension and you're looking at $818 per $1 you invest.
She hits 3.618?

1829.29698.

$1 investment = $1,829.

am done for the night. gnite peeps

Note

You've got about ~3 months.

Note

That moment when something clicks.
again.

The moment Bitcoin breaks 3.1k, we are PEEONS.
:\

Note

R. Kelly says hi

Note

Considering where we are right now...
I cannot out ny finger on it but..

Something is really really wrong. No orders until PA makes a decisive move.

Note

I've gotten burned harder than foreplay and candle wax whenever I ignore this feeling.

And I used to be damn good at foreplay.

Bitcoin gonna do something stupid and its gonna happen within the next 72 hours.

Note

You can quote me on that.

Note

Dude something is really really wrong.

If I'm wrong on this I miss out on like, maybe, adding $10 to my account. Maybe.

Something is really fucking wrong and I'm not talking about just Bitcoin.

Note

I'm not gonna ignore this feeling. Every time I do I get destroyed.

8.6k isn't gonna hold but something tells me that's the least of our concerns.

Note

Pray to God. Something really dramatic is about to happen worldwide. And no, I'm not being a drama queen. I've felt this for months.

Note

Say 'allo to my lal fren

Note

This is WEEK, sun!

Note

Nite.

Note

WRONG AGAIN!
😂

Note

meh

Note

"Comment: $9,352 and $9,489 are strong TP targets as well.
This may end up becoming an ascending triangle as well with a target of 12.3k. That would not at all surprise me."

$9,489 target met. Now what?
Sigh. Had I stuck to my original instinct, 8.8% profit in the bag right here. Yet, I also had and still have a strong gut feeling that Bitcoin is about to have a very major surprise in store for everyone. Considering half my capital would have been in that trade, the most I would have actually made is legit right around $10. Kek.

What next..? Ascending triangle or superdump?

Note

Putting this here for later.
Ruh-Roh, Raggie.

Note

This was posted on the above idea right before I had my prior account deleted.

"Here are your levels to watch for bear season.
From the high of ~, Bitcoin completed an ABC flat correction, or 3-3-5.
Technically speaking, if we were going to break our current high at least any time soon, we should have done it on the August rally I believe. After the ABC flat, Bitcoin rallied to around $12,320 on an ABC retracement and was stopped in its tracks. This tells me we are beginning a bear impulse down.

The targets I have outlined are based on speculative Elliott Wave theory but I believe will be accurate and will yield very strong bounces. The main target for now lies around 7.4k. Beyond that, if my intuition is correct, 4.4k and 1.5k are my main targets. It will take some time to get there, but believe me, we WILL get there.

In the grand macro scheme I believe Bitcoin is soon about to begin a major 5 wave impulse down.
Please keep in mind I am still very much an amateur in this market and could end up very wrong.

I am keeping a somewhat close eye on the chart to see how it develops.
We have already had an ABC retracement from ATH ending at 3.1k, so it is entirely possible that we are indeed in a new bull run. Though, according to my limited knowledge on Elliott Wave theory, if we do end up in a bull run it should be very brief in my opinion and we will not be seeing the 50k, 100k+ price points the moon boys are shouting out. This new bull run would likely put us in a 5th subwave of an extended 3rd wave at BEST. I am bear bias however so we will see how it plays out.

This will be my last update for a while. I am sure most of you have realized by now that my TradingView account has been deactivated. There are a lot of not so nice people that have been stalking, harassing, and subliminally communicating with me and I'm getting tired of it.
Especially because there is only one person who semi believes what I have been saying. The rest think I am suffering from psychosis or some form of paranoid schizophrenia. I know better.

My Reddit account has also been deleted as I've noticed quite a bit of subliminal messages in the Crypto subreddits I was consistently visiting. Especially lots of grammatical errors that annoy the living shit out of me. Who knows- maybe that's just exactly how this market moves. People see the messages and act on them. I don't know, and anyone I've gotten these 'hints' or subliminal 'messages' from act like they just made mistakes in the way they type, etc. Not one person is willing to talk about it. So am I being trolled because I'm weak as dirt, or is there really something I am seeing that needs to remain secret? I don't know because I have nobody to talk to about it.

I would really love to hear from some of you, so feel free to reach out and send a message if you would like to talk. Especially if you have any kind of advice on what I should do next.

I really do not want to give this up, but I feel for my mental sanity I may have no choice.
It's been a wild ride.

-Salesman

OUT"

I shorted the bottom of the RECORD BREAKING RALLY that Bitcoin had in this screenshot. I got D E S T R O Y E D on that. Yet, if I'd have been paying attention to my lengthy past TA .. that move could have changed my life.

oops.

Note

time to pay attention

Note

One is not as bad as the other. Soo, does anyone wanna talk about this, or shall we just act like absolutely everything is okay? =)

reddit.com/r/btc/comments/grtbft/its_not_about_the_tech_yet_gavin_andresen/?utm_medium=android_app&utm_source=share

reddit.com/r/BitcoinMarkets/comments/grjbug/the_mysterious_entity_that_caused_the_bitcoin/?utm_medium=android_app&utm_source=share

google.com/search?q=craig+wright+fraud&ie=utf-8&oe=utf-8&client=firefox-b-1-m

coinspice.io/news/bitcoin-price-crash-losses-for-miners-hash-war-almost-completely-pointless/

I have but one very serious question, that sadly, applies to the ENTIRE investing 'space'.

How the flying fuck are people this stupid?

Note

Has anyone here that follows me ever heard of what is called 'symmetry'?

Even Elliott Wave typically abides by the rule of nature..

REEE

Note

Even my

Imaginary friend

Is smarter than that. FUCKIN REEEEEEE

Note

reeeeee

REEEEEEEEE

Note

It's literally staring you in the fuckin face.

😂😣

Goodnight everyone.

Oh, and, REEEEEEEEEEEE

Note

And THIS little hog went free ree ree all the way home.

PS, I am almost 100% positive 2hat happens next and I still eont be trading this possibly life changing opportunity. What does that tell ya?

WEE
EW*

Note

Last thought of the night" autocorrect annoys the shit out of me. Wish it didn't exist. Then people would be a bit more careful when they send a text.

Ugh.

Nite yall. See you when the populous grows a brain and spots the bots.

Ree
Ree
Ree

All the way home.

Note

Oh. And to be fair to my puny amount of followers who 10% might actually be legit.

Ego is a hell of a thing in this 'space'

Shall we get that far. $9,880. $10,125. $10,311. 10.9k, 11.7k and finally, 12.3k. Anything above that and you're looking ok king at about 15.3k.

"Ok king." I didn't write that. Gotta love the illuminate.

Note

Now for real, goodnight.

Gotta get some sleep so my invisible friend who likes to fuck with everything in my life can do so while I have a 'clear' head.

Night all. Till next time.

Note

In the event something stupidly dramatic happens here...

Ho lee fuk. This has to be recorded for future leseninf purposes. Now THIS, this is divergence.

Note

This autocorrect shit is fucking annoying.

Note

But anyway. Say bibi to oyl

Note

One opportunity.

To seize everything you never wanted. One moment.

Would you capture, or just let it slip? Yo.
5/13 4/20 NF

Note

Zero dude. Legit negative.
You couldn't measure ethe meaning of head if you tried. 😂😂😂

Note

Don't get greedy! The top may be in or close, in BITCOIN!

"May 12, 2019

CaramelSpaceFrog, Not yet, no. There will be a LOT of bounces along the way. I'm also entertaining the idea that we may still be in a larger wave 3, and although I doubt it I'll look into that more this week then publish what I find.
My gut feeling tells me we are at a top, then we will fall sub for a higher low, then hit 10k/ and capitulate thereafter. Need moreally data though.
Thanks for the chart, will take a look later today. :^)"

Ay lmao WTF

Note

Grabbing another cup of milk, living on my pussy who has been for years extremely neglected, and then passing tf out.

Night yall.

See you at the prior mentioned resistances if you're lucky as fuck and the current HBD doesnt activate yet.

Note

Loving* fuck I'm so tired of ac

Note

Dont blink.

Fr fr fr lmao gn

Note

Just a casual 2.8x multiplier. Max bet to get the progressive spin. Nothing to see here, folks.

Kek

Note

Bull flag.

Ooooweee

Note

Just a weird hunch.

When we capitulate, put a chunk of money into BCC and alts. I dont know about Ethereum tbh.

On social media the BTC sub is lately being absolutely flooded with posts about BitcoinCash.
Hmm...🤔

Note

This site needs the ability to customize fonts.
And a lot of other things..

Being [secretly] a bull, this shit makes me sad.
To be a bull turned bear, it's because you got smart. Yet, bulls make good news and bears make bad news. I really dont want Bitcoin to fall, again, secretly. I'd rather be left behind and Bitcoin hit a million dollars in the next few years than to feel the way I do now. Especially because I can SEE, and if you push me far enough I WILL reveal what I know. Even if it isn't true, I'll still make people think.

This push isn't shit but to make much higher time frames look really bad. So many people are about to get burned and you just dont give a fuck because all you cared about is blood.

Note

If HIGHER than 12.3k comes, and especially if + comes, I'll be publicly angry but secretly, I'll be tickled pink.

I'm not a bear.

Tilray you are spiritually warning me and I still dont give a fuck.

Note

The truth is, and has always been, right in front of your face. You just have to open your mind to see it.

Do I stay quiet and not spread the truth now, so I can do it later when I'm better prepared?

Or do I save a very small number of people who may not have the 'gift' necessary to make the change that will someday save the world?

Note

Fuck I pray I'm wrong.

I know what it was like to 'buy the dip' and get raped in early 2018.

Note

After analyzing the monthly a bit more, oof.

I will be posting an idea about this tomorrow morning.

Note

That above screenshot is way, way, way worse than I thought.
This genuinely makes me concerned about 3.1k holding.

Note

If Bitcoin closes this monthly anywhere near $9,442...

Oof.

Note

Or at all above $9,340*

Note

Monthly and Weekly close of

$9445.5.

Bye Falicia.

Note

If you don't have this trend line in your RSI, or if you especially do not *use* the RSI, you should.
I'll show you why.

Welcome to reversal month.
Aka March 12th 2.0

For now, however:

The 6h held the trend line, but under the 3h is showing significant rejections. I expect us to have reversal somewhere within the next 6-24 hours to retest the $9,200 region. Since the 6h has held the trend line, it is very possible we see the 0.786 at $9,653, but I'm doubting it. Prior resistance is being rejected, multiple divergences in the new highs, and the $9,500 region is failing at producing a sizable bounce. I'd suggest looking for a short, and soon.

Indices are also looking to roll over today or tomorrow:

Major, major move possibly coming in alts, which may not end well for BTC:

Note

There is a possibility of a short nuke before we drop, which would take us up to $10,125 or so, but that would be a breakout of the forming ascending triangle.

Right now isn't a great time to trade, but that said, I am heavily short bias.

Still think there's a tac coming for shorts first, but we'll see. This resistance is extremely stronk.

Note

10.5k is also possible and would probably be the top of the breakout of teh ascending triangle.

Still don't see us going that far, though. The FOMO that would start from that point likely would not allow us to double top.

This is a tricky spot, so I'd say wait for a break out above 10.1k and long the 10k area re-test, or wait for a breakdown of the $9,300 area and short the re-test of that.

Note

One thing is very clear- alts are moving.
There is a LOT of upside to come yet, likely to the 103B area.
I would say to focus on alts right now until Bitcoin decisively breaks 10.1k, or 9.3k.

Note

Right at 40.
She breaks and it's game over.

Note

*could* be a short squeeze here.

Note

If I have ever seen a bull flag in Crypto, the most authentic looking one yet, this is probably it..

I guess that means Bitcoin is about to skyrocket then😂

Note

Decent 'lil som som

Note

Vroom vroom, motherfucker 😍
Buh bye BTC

Note

Remember the bull trendline? It coincidentally lines up with multiple month regular and strong bearish divergence. On the monthly. And at the same time, 60 RSI on the weekly.

Hmm.

Wont you take me to
Keksi town
Wont you take me to
Keksi town
Wont you take me to

Note

Hmm

Note

Some guy came up to my front door today and asked me if I was scared of him. Likewut?

Bitcoin you never cease to amaze me

Note

Careful bois.
We on the verge of a meltdown if the 9.1k/9.3k support zone breaks.
The more and more I see this monthly trendline get rejected, the more I worry about 3.1k holding once we finally get there again.

oof

Note

To be clear, im not trading right now but that will hopefully change within a day or two.

As bearish as I am, I want to see this fucking MOON for the all the dipshits that fell for the halving bullshit. By the way. Grayscale buying up more than miners can produce yet price isn't over 16k yet? What happens if all those 'clients' buying GBTC suddenly get hammered? How many thousands ..ahem. HUNDREDS OF THOUSANDS of BTC will suddenly be dumped on the market and what does that mean considering 10k doesn't want to give any leeway?

Moon you motherfucker. I'll be slightly angry but stupidly happy all at the same time. Especially considering it means that's all the less BTC I can buy once I finally get my shit right again. I know you love to fuck me so this is the perfect opportunity. See you at $10.1 or even better, $7.11?

Note

'The builder's says

9500

Yesterday.

Note

Builder*

Note

I said

Fucking

YESTERDAY.

Note

ware my invisible frens at?

YES

TURD

AY

Note

Moe

Meant um

Ignition

Al

Gore

Ithm

INISHEATE

Note

I fucking sware

Note

😬

I own this bitch but I'm bored so now I sleep soon.

See you at 5 o clock my doodz

Note

Last comment.

Big dumb ass hammer.

Anyone got the balls?

Note

Whalp. Gas not. xD

Note

I think we are finally at a decision point.
Tomorrow is new weekly.
3d has more time than that but with a fairly major MA cross.

Up or dan

Note

Oh, and 50 RSI.

😬

Note

Bulls be ready.

This ain't over yet.

😬

Note

I wanna be yours, pretty babay...

youtu.be/Ms6sf0XfQNc

Note

Might as well Jump.

Note

Hidden bear or

Bull in plain sight?

Note

Smell ya later nerds

Note

Fuck resistance.

Catch you on the flipside.

Note

Calc
Ulate
D

Note

yet

Note

Yeet*

Note

That play would have been a BANGER.

Damnit =×

Note

The tale big money doesn't want you to know

Riding the 9 on the 3 so let us see.

My 'long', which is puny, is sitting well below where we are now, got lucky as f and woke up right when it touch the 9 on the 3h.

I need Becca money, litter box money, shoe money, pay-off-my-fines money..
Oh, and BTC to put into DENT cause that thing is going up like 1,100-3,000x or more by the time this is all said and done.

Oh, and BTC to put into Nanners.

DENT and Nano, with a sprinkle of FUN and XRP, and a whole lot of Sia.
Thank me later.

Note

if God allows...

am back, bitchez.

Note

...well that didn't last long.

Open the flood gates boys!

Note

Probably shouldn't be sharing this info with the world, but hey, I doxxed myself in 2018 anyway so why not do it again amirite

Something very strange I just happen to 'notice'.
If you put a fib timeline from absolute bottom of 3.1k to absolute top @ ~ ..

You get a 3 on 7/16 which happens to coincide with my birthday.
Take a look at what has happened in the past on July 16th.

Whew lad..

Note

I knew she wasn't done yet.

Note

BUT.

to be faiiiiiiiiiiiiiir

Note

Spoke too soon, like always.

You have to be legitimately braindead to think this is accumulation.
As usual, Bitmex may spike the price prior to the real dump to liq shorts.. but

this. is. fug.

Note

What in the ever loving fuck

$420,000 for one BTC in a year?
...can it be done?
Or .. are alts about to haul ass?

Note

There is a very small chance that what we have been witnessing is consolidation of a very, very major 3rd wave before Bitcoin *breaks* all time high.

..in one fell swoop.

The bull that lurks deep within me .. it is telling me that my bear count could be very, very wrong, and if so.. salt is not a word that could even begin to describe how I would feel.

Note

Tonight, I destroyed my pc.

You guys are fucking cowards.

Enjoy your time while it lasts.

Note

The day will not be today.

The day will not be tomorrow.

When I show back up, you are fucked.

Remember what choice you made.
I'll remember mine.

Note

I wonder wonder why people have been fucking with me so hard. Rich people who need liquidity.

Karma is a bitch and this will be
G L O R I O U S
To watch.

DANGA, ICE BERG DED AHET

Note

Bye bye Grandpa

Note

We are either at the top, or very near it.
The weekly closed right BEFORE the divergence lines I've been talking about. Namely, the most important one.

5x short here, thank me later. Or maybe I'm wrong, in which case it may be the final nail in the coffin that finally makes me permanently walk away. Guess whale see.

Note

When we switch the monthly divergences to the weekly, we get this. Notice how far below the weekly rsi is from the April 2018 candle close. On the monthly, that candle closed at $9,242. Currently, Bitcoin is over higher than that but the RSI is sitting terrifyingly lower than that close on the monthly.

Look at how bad this divergence is.

Technically speaking, Bitcoin could in theory go well past the high I believe and STILL fall well under where the RSI was at in April 2018.

This is really bad. We are less than a week away from the monthly close. Unless there is a MAJOR sudden push upward, this will be the 4th month where Bitcoin fails to get above a divergence from 9.2I.

Everyone is bullish yet big money is slowly filling shorts.

Wait and see.

May God have mercy on the bulls souls. DON'T FALL FOR THIS BULLSHIT.

Salesman spilling the truth and there's a good few people who dont like it. ;)

-Salesman out

Note

P.s.

I will admit. The way I draw trendlines, we have well more than broken the ATH downtrend line.

But, ironically, we ALSO did that in...JUtrendline,
Good luck.

Note

Gotta love typos.

JULY of 2018 Bitcoin broke the ATH trendline.
Problem is, when we fell from it, bulls just re drew the trendline. I dont know how many times I've seen that damn trendline redrawn.

UNTIL the downtrend line from ATH connected to the breaks, Bitcoin is still in a downtrend. Period.

Oh, and if you aren't in alts yet...oops.

Note

This may very well be my last update. Since I started trying to spread the truth, an unbelievable amount of bad things has happened in my life.

Depending on what happens in the next month, I may disappear entirely from this site. Bitcoin has put me in a vicious cycle of negativity, and I cannot defend myself from professional hackers and apparently none of the good guys out there in BTC want to help.

Believe, they said. I started to believe in good people. I truly did. At this point I'm beginning to lose my faith in God and this may ultimately turn me into an atheist.

When, not IF, we break that 3.1k low..

DONT SAY YOU WERE NOT WARNED.
Just like I was to stay away.

As I said. Good luck.
Remember, I was only trying to help the good guys not get shit on by the bad ones but apparently, the good ones must not be in control like I thought they were.

😉

Note

And just as I'm typing this, a suspiciously slow vehicle approaches!

You know what's funny about intimidation?

You gotta really really care about your life and that of the ones "closest" to you in order for it to work.

Note

In a very angering attempt to be transparent:

This thing may go as high as 12.2k to 12.4k.

According to the fibs shown above, this means we WOULD break the ATH trendline no matter how it is drawn.

On Bitmex, the ATH downtrend if connected from ATH to the ~ high resides around 10.7k as shown here:

If BTC actually breaks that fuckin trendline, I'm done trading permanently. I cannot begin to tell you how positive I am that Bitcoin will not be going to a new ATH much less breaking the ATH downtrend line.

It will show me that trading is ultimately not the career path I should choose, because if that downtrend line breaks I will find it very hard to believe it stops at 12k. That line breaks and I'm betting a minimum of 16k+. Ultimately even with that line breaking, I am 100% positive that it will not be going to a new ATH but at that point it won't matter anyway.

Social media keeps talking very specifically about 10.5k breaking. If it does, that will be the area to go long because it has been the strongest resistance since last October. Social media is also talking about a very swift push up to or higher. Normally speaking, this screams bearish pressure is on the way...but considering that 10.5k area is very near the last ATH resistance, and considering how Bitcoin and Crypto as a whole likes to take things to the extreme.. 10.5k breaking will almost guaranteed result in the ATH line breaking. At that point all bets are off.

At this point, I no longer care what it does. Psychologically speaking I dont think I can handle this anymore.

The divergence is so extreme on the monthly at this point that I find it hard to believe 10.5k breaks at all let alone +.

But then again, I am an amateur.
Anyway...Ramble over. Good luck and be very very careful in this area.

Note

Anddd BINGO was his name-o.

$10,600 is, in my opinion, the highest Bitcoin goes.
IF we haven't already topped out.
IF.

This is my last update on this idea unless we break 9k support. If we go any higher than the ATH trendline at 10.7k, I am finished with investing.

For now, I'm done. Goodnight everyone.

Note

5x short.
Now.
This isnt financial advise. 😉

Note

As I said earlier.

Bye bye Grampa

Note

Putting this here for later.

Note

And THATS it.

Later y'all lmao

Note

this shoudl be fun

Note

am mad but w/e

UnknownUnicorn5836947

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