Wolfe-Wave $17.2k

Updated
Hi All!

Wolfe Wave on Bitcoin materialising! A naturally occurring pattern topping the rankings of success rate. Accompanied by another high success rate pattern, inverse Head & Shoulders which eyes the same target. Right into double-top with SCMR dynamic level 17k.

BEST OPPORTUNITY to print money is now:):), )

Bearish patterns have continuously been formed on our steady climb up. The response from the market however, has decreased as we proceeded towards the inverse H&S neckline and a massive trend-line from a month ago (11.7k level). As an example; today, the bears formed a text-book Rising Wedge and broke out downwards, yet they manage to pull off only a $300 drop. Happy bear, happy Bull and sad pig :(
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Entry: $11150
Take-Profit: $17200

Stop-loss... No.

FA:
  • Bitcoin regaining dominance, from 30% it is now 42% and targeting 60%+ till the end of March '18.
  • Please, check out my previous analysis: Senate Testimony which covers the positive US stand on Crypto.
  • All exchanges are actively supporting Bitcoin & Segwit since last week. This is a HUGE shift from the Asian superheroes Star Xu, Ver et al. who wanted to cause as much damage and were flooding the mempool. Now they filled their bags and friends again, I guess.
  • Numerous Huge Investment Institutions have entered Crypto during the February dip.


Bears have run out of time. The breakout is Imminent. Their sacrifice will be remembered eternally.
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Bulls Lambo / Ferrari?
In the comments.

Happy trading! ;)
Trade active
Thanks for all the comments.

BETTER VISIBILITY:
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Or press (+) symbol in the original idea to fit your screen resolution.
Trade active
Buy today's dip to 11.2k - 11.3k.

Unseen opportunity to BET MORE in bullish times like these!

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Note
Bought the dip. BET MORE!

The whole drop was caused by organised sell-off at Binance by hackers. HOWEVER, This is 2018 and CZ has halted all withdrawals and reversed all transactions. twitter.com/cz_binance/status/971476396278099969

-> FULL RETRACE!

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Note
To make an omelet, you have to break a few eggs.

Now moon.
twitter.com/marcelv3612/status/971504468943613952
twitter.com/iamjosephyoung/status/971508406728122368

SEC fud din't work as expected, either twitter.com/BittrexExchange/status/971499426891075584
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDBTCUSD3MbtcusdbuybtcusdforecastbtcusdlongBTCUSDTHarmonic PatternsTrend Analysiswolfe-wave

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