Updated

Don't ask and call me legend

Everyone beame bullish, even media. Chart also saying it is going down. Time to short.

Better update probably will come later tomorrow.

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Bitcoin very weak. Expecting at least on dump. After that it can still go up and break the top before it gets under 6k. Will inform you after that.

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CrissCristofer: ''why change? first you give a gift sayn it s going to 11k now totaly up side down.''

Right now I am seeing this as a top. Everyone is bullish again. Longs are much higher then Shorts. Bitcoin can't even break $9000. It is very weak and will trap people at least one more time. If it makes an correction here, which is very likely, then I will post an update that my previous Idea was right. Otherwise I am expecting this drop. I just want to show 1 direction, because I don't like people who are showing 100 scenarios. Maybe I shouldn't say that this is going to break the bottom. A ''this should go down from here, be careful with longs and move your stop'' would be enough.

cryptocoryne: ''Hello friend.Thank you for chart.Please tell me why you think that bitcoin is very weak at this moment? have a good day!''

Like I said, everyone is bullish. Bitcoin can't break $9000. Longs much higher than shorts.

NicolasVacotto: ''So, you are expectink 2k prices for june? Thanks for being back on tradingview''

$2000 is just my personal target not more. I wouldn't bet on it until we break $6000. This will happen but nobody can say when. Even then we may stop at $5000, $4000 or $3000. Right now we can only say what we are seeing. Maybe we are making a bigger correction, we can't look at the future.

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Expecting a big drop after breaking $8800. I wish you a good night.

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Breakout of 9200. You can go long this idea is wromg. Last one is right.

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Didn't get the $400 move. It doesn't hurt for me.

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Still expecting a correction at 9k levels. This parabolic move can't go on.

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Should correct at around +/- 9400 at least back to 8800. Maybe more and go up again.

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Actually making a correction between 9200/9300. Should break 9400 easily and head to 9800. There we have a bigger resistance.

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If anyone is searching for a good altcoin which hasn't a pump already, go for Litecoin. Should reach $250.

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Buy BCC as much you can. This is about to sky rocketing.

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La.arsic: "Some more details?"

Sell when it climed another $1000. Could go higher but right now I wouldn't target that much.

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Mycomorel35: ''BCC is Bitconnect. Hoping he is just joking because even if he meant BCH it's overdue for a correction (RSI 83 on the daily) and a healthy correction would be over a 15% drop.''

No, I clearly meant Bitcoin Cash. If you don't want to buy it than don't do it. I bought some.

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sdurgut: ''He bought BCC, and asking everyone to buy. He should do a better job at shilling. There is nothing special about BCC. ''

99% of the coins have nothing special in it. I don't care if a coin is useful or not. I even buy Verge or Trons.. These are all sh'tcoins but who cares. We are here to make money not to watch for ''special coins''.

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I am out for a while. If anyone want to trade it, than you are free.

Here a small summary:
Bitcoin should start a bigger correction at around 9800. Expecting a drop till 9200, but target can change.

Right now my target at Litecoin is $250, when Bitcoin is at top.

Bitcoin Cash with most potential. Everytime when it went up, it was huge. Just saying. Should easily go over $2000. We can also see $4000. After that it's the decision of Roger Ver when he will dump it. I see it going over 0.3 BTC. Could also go till 0.5 BTC - we don't know. Pumps and dump at BCH are manipulated as .. . Every resistance I will take profits there and move my stop losses.

I wish you a nice trading week. Don't forget to get out at right time. At this rally we will see the same dump like after reaching $20000. Just saying.

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If I'm not back by then, there's just one more note at Bitcoin for you:

We have a great resistance at just over $ 11,000. I could imagine that many will look for a double top. Once that is the case (it will be), then I do not expect that we will break the previous $ 11700 high. I think we will not even test it. It depends entirely on the situation.

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Note 2: (:D)

May 15th there is a fork at Bitcoin Cash. I even saw the upmove when it was before to break 0.1 btc, but didn't go in because of huge manipulations... I would lie if I say yes. But remembered again now: TA also works at manipulated coins. My BCH/BTC target was at 0.6 BTC, when I analyzed it, but I think this is too high. We will see.

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Can't stop commenting lol. I swear this is the last time.

Look at this guy:

BITCOIN HAS to Make a Decision Now - Here Are The 2 Scenarios!

Saw this Wedge already and I can tell you, that this isn't one. Wedges have low volume. Right now Bitcoin has very high volume. It already broke above and will even go till 9800. This guy will speak of manipulation again, untradetable bla bla bla. Just saying. I want to see his FOMO when we hit 9800. After that he will see a nice correction first of all to go out. So Bitcoin can go up again :).

Have a nice day.

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Bitcoin reversed at 9800 like I said exactly.

Bch at a good buy point. 0.38 fib lvl.

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Bitcoin heading to 11k right now. Still recommending to buy Bitcoin Cash. Best buy point. This fork o 15th May will generate lots of hype. Expecting at least 0.25 per Bitcoin Cash.

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If Bitcoin Cash goes down more then just fill your bags. If it goes down more we can see 0.13 btc. But mostly it will reverse here in BTC pair.

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Just be careful and move your stops. Bitcoin still can drop sharply to around $8700 before taking off.

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Bch looks very good now. Hope we can break 0.16 btc this night.

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Probably drop to 8.5k area coming. Very unsure with it but looks like it. If this is happening everyone will shout for a double top and Bitcoin will pump over next days to 11k area.
If Btc is going down, altcoins should follow. But we will go up again.

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So if people didn't buy yet you can wait going in. And search for an entry point for Litecoin, Bitcoin and Bitcoin Cash in 1-2 days. If you are holding no problem. This will go up one more time.

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Bitcoin looks good. Could imagine another run to 10.2k. So I would be wrong with my 8k area prediction but actually I was unsure with it. BCH will correct in BTC pair and make some fireworks after that. Many good news right now which are fakes. I am sure we will get a suprise later an drop sharply in some days.

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Follow "my friend" EWHALE for more. Very good analyst ;-)

E557

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E557